Newmont moves forward with Ahafo expansion
Newmont Mining (NYSE: NEM) started commercial production from its Ahafo open-pit gold mines in Ghana in 2006, and is now building an underground mine on the complex called Subika. Newmont…
Africa
Ivanhoe boosts Kakula resource, receives final payment from Zijin
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) 75% increase in indicated resources at its high-grade Kakula discovery in the Democratic Republic of the Congo has prompted the company’s executive chairman, Robert…
Wall Street dips, May 15-19
The three major U.S. stock indexes fell during the third week of May. The S&P 500 Index slipped 0.38% to 2,381.73 and the Dow Jones Industrial Average dropped 0.44% to…
Asanko turns to profit in Q1, eyes production growth
Ghana-focused miner Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has swung back into the black with 2017 first-quarter earnings of US$7.8 million, or US4¢ per share, beating average analysts’ expectations of…
TSX rises despite sagging commodity prices, May 1-5
Despite declining prices for gold and oil, Canada’s benchmark index has finished in positive territory. The S&P/TSX Composite Index rose 0.2% to 15,582.04. The S&P/TSX Global Mining Index, however, lost…
First Cobalt picks up assets in Canada, DRC
Since joining First Cobalt (TSXV: FCC) in March, president and CEO Trent Mell has wasted little time getting down to work — unveiling two large property transactions, raising $6 million…
Sandstorm bids for Mariana
Streaming and royalty firm Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) is buying Mariana Resources (TSX: MRY; LON: MARL) at an 84% premium to get its hands on the high-grade Hot…
Timeline: The adventures of Robert Friedland
Entrepreneur, financier and company-maker Robert Friedland will be recognized with the Lifetime Achievement Award at The Northern Miner‘s Canadian Mining Symposium at the Canada House in London, U.K., on May 9,…
Robert Friedland: Celebrating a lifetime of achievement
Over most of the last two decades, the first voice Peter Meredith would hear at the crack of dawn each morning was Robert Friedland’s. “The phone would ring and he…
Wall Street gains, April 17–21
U.S. equities edged up, as the Trump administration confirmed that it would soon reveal a tax reform package to boost the economy. The Dow Jones Industrial Average advanced 0.5% to…
Teranga eyes building Banfora in Burkina Faso in 2017
Teranga Gold (TSX: TGZ; ASX: TGZ) aims to build its Banfora gold mine in Burkina Faso, which would become its second West African gold mine, with construction expected to start…
TNM Data Miner: Trends in Canadian equity finance and investment
The Northern Miner has joined forces again with sister company Infomine to leverage the powerful Intelligence Mine database to outline trends in equity financing for Canadian mining during the most recent market downturn….