Kinross Gold mulls sale of Americas mines
Canadian miner Kinross Gold (TSX: K; NYSE: KGC) is said to be studying a sale of its gold mines in North and South America and moving its primary stock listing…
Canada
TSX Venture falls, Oct. 12-16
The S&P/TSX Venture Composite Index fell 0.95%, or 6.94 points, to finish the Oct. 12-16 trading week at 725.31. Spot gold dropped US$30.90 per oz., or 1.60%, to US$1,899.70 per…
Diamond market shows signs of revival
After being virtually shut down since March, the diamond market has slowly come back to life. This fall, De Beers, the world’s largest diamond producer by value, has reported a…
Canadian gov’t orders national security review of Shandong-TMAC deal
Months after shareholders of TMAC Resources (TSX: TMR) approved a takeover of the company by China’s Shandong Gold Mining, the federal government has ordered a national security review of the…
Diamonds Snapshot: Seven small diamond producers and explorers to watch
The Covid-19 pandemic has choked off revenue for diamond producers and funding for diamond juniors for much of the year. But with the diamond trade slowly starting to reopen and…
Endeavour Mining restarts security-challenged Boungou mine in Burkina Faso
Endeavour Mining (TSX: EDV), West Africa’s top gold producer, has resumed operations at its Boungou mine in Burkina Faso, a year after previous owner Semafo decided to shut it down…
Argonaut greenlights Magino gold project in Ontario
The board of directors of Argonaut Gold (TSX: AR) has approved construction of the company’s wholly owned Magino gold project in Ontario, 40 km northeast of Wawa. With a two-year…
Radisson drills high-grade gold below O’Brien resource
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has released assay results for hole OB-20-156, drilled within its wholly owned, past-producing O’Brien project in Quebec, which hit high-grade gold, 250 metres…
Kirkland Lake raises dividend on strong earnings
Kirkland Lake Gold (TSX:KL; NYSE: KL) reported third-quarter gold production of 339,584 oz., a 3% increase over the 329,770 oz. generated in the prior quarter. The Detour Lake and Fosterville…
Barrick transitions Hemlo to underground mine
Barrick Gold (TSX: ABX; NYSE: GOLD) is moving ahead with plans to extend the life of its Hemlo gold mine in Ontario by transitioning the operation from open-pit mining to…
Yamana starts trading on London Stock Exchange, raises dividend
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) started trading on the London Stock Exchange on Oct. 13. The company will maintain a primary listing on the Toronto Stock Exchange…
Newcrest starts trading in Canada
Shares in Newcrest Mining (TSX: NCM; ASX: NCM) were up almost 2% in pre-market trading in Canada, as the miner, Australia’s largest gold producer, began trading on the Toronto Stock…