US markets rise, Dec. 24-28
The gold price continued a strong December push, rising 1.9% to US$1,280.40. The Philadelphia Gold and Silver Index rose 1.4% to 69.68 and the Dow Jones Industrial Average rose 2.7%…
Canada
TSX Venture soars, Dec. 24-28
The S&P/TSX Venture Composite Index rose 4.12% to close the trading week at 552.09, and has continued to rise over the start of 2019. Shares of Novo Resources rose 48¢…
Victoria’s Eagle clears construction hurdles
At more than 60% built, mine construction has unfolded mostly as planned at Victoria Gold’s (TSXV: VIT) Eagle gold project in the Yukon, according to president and CEO John McConnell….
Stratabound hits gold in Golden Culvert’s first drilling
When Stratabound Minerals (TSXV: SB) CEO Kim Tyler told people he wanted to drill Golden Culvert as soon as possible after optioning the Yukon gold project in October 2017, many…
Power Ore picks up historic Opemiska complex
Power Ore (TSXV: PORE) is buying the Opemiska copper mine complex in Quebec from Explorateurs-Innovateurs de Québec (Ex-In), a private company. Opemiska consists of two past-producing underground mines operated by…
Outlook Snapshot: Eight juniors with plans for a busy 2019
The junior exploration and development scene is still in high gear in North America, with many juniors planning for extensive work programs in 2019 at precious and base metal projects…
Osisko Mining bulk sample ‘early Christmas gift’ for shareholders, CEO says
Preliminary results from a bulk sample taken at the Windfall Lake deposit in Quebec delivered an average head grade of 9.7 grams gold per tonne and 5.5 grams silver per…
Fruta del Norte, Cobre Panama lead wave of new 2019 mines
As a new year approaches, The Northern Miner runs down 15 of the most interesting new mines scheduled to begin production in 2019. Fruta del Norte (gold) Lundin Gold The Fruta…
OSC slaps Katanga Mining, CEO, and former board members with $34.4M in penalties
The Ontario Securities Commission has fined Katanga Mining (TSX: KAT) along with former members of its board of directors, including Aristotelis Mistakidis, Glencore‘s (LON: GLEN)’s head of copper trading, for…
Barrick ends joint venture with ATAC Resources
Shares of ATAC Resources (TSXV: ATC) plunged 25% on news that Barrick Gold (TSX: ABX; NYSE: ABX) is terminating its earn-in joint venture on the junior’s Orion project, part of…
Casa Minerals discovers new zone at Pitman gold project
Casa Minerals (TSXV: CASA) has discovered a new zone at its Pitman gold project near Terrace, B.C., 1 km south of the Golden Dragon gold discovery it made earlier this…
Kirkland Lake Gold outlook sees steady production growth
Kirkland Lake Gold (TSX: KL; NYSE: KL) expects production growth of 10%-15% annually over the next three years with consolidated output of 740,000-800,000 ounces of gold in 2019, 850,000-910,000 ounces…