Stornoway adds three years to mine life at Renard
A new mine plan that incorporates revisions to mineral resource estimates completed in 2013 and 2015 adds three additional years of production to Stornoway Diamond’s (TSX: SWY) Renard project, which…
Canada
Rock Hounds
Diamonds in Canada’s annual roundup of Canadian-listed producers, developers and active juniors Alto Ventures Alto Ventures (TSXV: ATV) has negotiated more time to earn a 60% stake in the GEFA…
Q&A: Why diamond stocks haven’t lost their shine
After a 12-15% decline in rough diamond prices last year, 2016 has seen a stronger start to the year. Even so, Edward Sterck, Director of Equity Research, Metals and Mining…
Tough year tests Dominion
It’s been a turbulent year for Dominion Diamond (TSX: DDC; NYSE: DDC). 2015 was always expected to be a transitional year for the miner: At its 88.9%-owned Ekati mine, the…
Argentine tycoon Elsztain bets big on gold
Eduardo Elsztain — one of Argentina’s richest men — has been buying and selling hard assets for the last 35 years. His first real estate deal in 1982, when he…
Enrollment opened under the Extractive Sector Transparency Measures Act
Natural Resources Canada (NRCAN) has opened the enrollment process for companies who meet the definition of a “reporting entity” under the Extractive Sector Transparency Measures Act (ESTMA). Reporting entities can…
Trevali lowers costs at Santander mine
Trevali Mining’s (TSX: TV; US-OTC: TREVF) Santander zinc-lead-silver mine in Peru keeps beating expectations, and the company says it’s one of the lowest-cost operating mines in the country’s Central Mineral Belt….
Goldcorp offers $520M for Kaminak
Goldcorp (TSX: G; NYSE: GG) has offered to buy Kaminak Gold (TSXV: KAM) in a $520-million, all-share deal to get its hands on the junior’s high-grade Coffee gold project in…
TNM parent Glacier Media donates to Fort Mac
The JuneWarren-Nickle’s Energy Group (JWN) and its parent company Glacier Media (TSX: GVC) (also The Northern Miner‘s parent), are donating $50,000 toward Red Cross efforts in the wildfire-ravaged city of…
Falco outlines $905M gold mine in Horne PEA
VANCOUVER — Falco Resources (TSXV: FPC; US-OTC: FPRGF) hopes to have the historic Horne gold complex in Quebec back in production by 2020. On May 9, the company released a preliminary…
Netolitzky’s Skeena raises expectations for Spectrum
VANCOUVER – Skeena Resources’ (TSXV: SKE; US-OTC: SKREF) first resource for its Spectrum gold project, 37 km west of Imperial Metals’ (TSX: III; US-OTC: IPMLF) Red Chris mine in northwest…
Editorial: Taking stock of the wildfires that ravaged Fort McMurray
While there are no metals, minerals or coal in the nearby ground, the city of Fort McMurray, Alberta — as ground zero of Canada’s massive oilsands industry and all the…