DPA battles diamond mining misconceptions
Jean-Marc Lieberherr readily concedes that the industry he represents and speaks for – global diamond mining – has an image problem. “There are so many misconceptions about diamond mining,” says…
Canada
Lucara advances its Clara digital sales platform
Lucara Diamond’s (TSX-LUC) Karowe mine in Botswana continues to turn out enormous diamonds. The latest, in April, weighed in at 1,758 carats. While the diamond was recovered unbroken, the stone…
Editorial: Are diamonds forever?
We’re hosting our second annual Diamonds in Canada Symposium in June in Toronto at an unlikely time. In a sector that has seen so much uncertainty in the past decade,…
Gold industry needs to ‘get back to basics,’ Iamgold’s Letwin argues
At The Northern Miner’s Canadian Mining Symposium, held at Canada House in London, U.K., Iamgold (TSX: IMG; NYSE: IAG) president and CEO Steve Letwin spoke on gold. Below is the…
TSX Venture falls, June 24-28: Aurion, Golden Dawn, Itafos
The S&P/TSX Venture Composite Index fell 1.20% to 585.47 during the June 24-28 trading week. Spot gold rose US$9.90 per oz. or 0.71% to US$1,408.90 per oz. Aurion Resources topped…
US markets drop, June 24-28: Agnico Eagle, Rio Tinto
The Dow Jones Industrial Average fell 0.45% to 26,599.96 and the S&P 500 Index dropped 0.30% to 2,941.76. Spot gold rose 0.71% or US$9.90 per oz. to US$1,408.90 per oz….
Glencore to support First Cobalt’s refinery in Ontario
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has taken a major step toward becoming the only producer of refined cobalt in North America. The company, which plans to restart its hydrometallurgical…
Pala Investments offers $501M for Cobalt 27
Battery metals-focused Cobalt 27 Capital (TSXV: KBLT; US-OTC: CBLLF) has come a long way since listing on the TSX Venture Exchange in June 2017. The company has a cobalt stream…
Red Pine builds up Wawa project in Ontario
The land package containing Red Pine Exploration’s (TSXV: RPX) Wawa gold project in Ontario hosts numerous historic mines that in their heyday produced more than 120,000 oz. gold. The largest…
Mining Energy Snapshot: Eight juniors active in world’s uranium hotspots
While uranium oxide prices continue to drift in the doldrums, several uranium companies have still raised a bit of money to explore and carry out modest programs. Here is a…
Amex Exploration drills high-grade gold at Perron
After setting up Sulliden Exploration in 1995 and opening an office in Lima in 1996, Jacques Trottier wrote a personal cheque in 2002 to acquire a gold property from a…
Pembridge finally buys Capstone’s Minto mine for US$20M
Fifteen months ago, Pembridge Resources (LSE: PERE) agreed to buy Capstone Mining’s (TSX: CS) Minto copper-gold-silver mine in the Yukon for US$37.5 million in cash, and a 9.9% equity stake….