Galway discovers gold zone at Clarence Stream in New Brunswick
Galway Metals (TSXV: GWM) has discovered 7 metres of visible gold starting 51 metres downhole in a new area of its Clarence Stream project in New Brunswick, its second gold…
Canada
Balmoral finds nickel zones at Grasset
Balmoral Resources (TSX: BAR; US-OTC: BALMF) has found several nickel sulphide zones in the central part of its Grasset ultramafic complex in Quebec after drilling the area during its late…
Is Global Atomic Stephen Roman’s next big thing?
Serial mine builder and financier Stephen Roman cut his teeth working for Denison Mines (TSX: DML; NYSE-AM: DNN), the uranium company built by his father. After starting there as a…
The Northern Miner Podcast – Miner Moment #18: Getting savvier with energy consumption ft Peak Power’s Matt Sachs
Peak Power COO Matt Sachs talks about how industrial users of electricity can use predictive technology to move off grid power during peak load times, and save money. This is…
The Northern Miner Podcast – Miner Moment #17: Rare earth’s clean mining problems and solutions ft GeoMega’s Kiril Mugerman
GeoMega Resources (TSXV: GMA) president and CEO Kiril Mugerman discusses the problems with the current mining and processing of rare earth elements (REEs) that are critical to making rare earth…
Denison begins $6M drill campaign in Saskatchewan
Denison Mines (TSX: DML; NYSE-AM: DNN) getting to work on this year’s exploration programs on its Wheeler River, Waterbury Lake and Hook-Carter uranium properties in northern Saskatchewan’s Athabasca basin. Waterbury…
Brucejack, Silvertip among BC’s biggest recent successes
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new…
Wesdome forecasts grade increase at Eagle River
Wesdome Gold Mines (TSX: WDO) expects to produce 72,000-80,000 ounces of gold this year at all-in sustaining costs (AISC) of US$985-$1,040 per oz. at its Eagle River mine complex in…
Nordgold boosts stake in Columbus Gold
Russian billionaire Alexey Mordashov’s mining company, Nordgold, has increased its stake in Canadian junior Columbus Gold (TSX: CGT; US-OTC: CGTTF) to 9.96% on a non-diluted basis, and 11.18% if it…
Editorial: Newmont-Goldcorp merger rocks gold industry
The new year continues to be a fascinating one in the global mining industry, with the unveiling on Jan. 14 of Newmont Mining’s blockbuster US$10-billion deal to acquire Goldcorp, and…
US markets rise, Jan. 7-11: Hecla, Pretium, Teck
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The Dow Jones Industrial Average rose…
Newmont to buy Goldcorp for US$10B
Newmont Mining (NYSE: NEM) will acquire all outstanding Goldcorp (TSX: G; NYSE: GG) shares in a deal that values Goldcorp at US$10 billion to create Newmont Goldcorp, the companies announced…