Ontario Snapshot: Six juniors advancing gold, copper and lithium projects
Ontario’s long and prosperous mining history has allowed more than a few juniors to hit the filing cabinets to dust off old mining projects and try to revive them. Here’s…
Canada
Editorial: Gold, copper reach new highs
The sustained strength in most precious and base metals this year reached breakout levels in September, as a weakening U.S. dollar and renewed optimism over Chinese metal demand pushed metal…
TSX slips, Sept. 5-8
The S&P/TSX Composite Index fell 206.28 points to 14,985.32, as the Canadian dollar surged from US71¢ to US81.54¢ on news of an interest rate hike from the Bank of Canada….
TSX Venture follows commodities lower, Sept. 5-8
The S&P/TSX Venture Composite Index shed 6.46 points to a 771.99-point close on declining commodity prices. Spot gold prices fell US$21.36 to US$1,345.59 per oz., and Comex copper prices lost…
Coeur to acquire JDS’ Silvertip mine
VANCOUVER — Chicago-based Coeur Mining (NYSE: CDE) is coming to British Columbia pending a US$200-million cash-and-share deal for JDS Silver and the fledgling Silvertip silver-zinc-lead mine, 16 km south of the Yukon border. Coeur plans…
Alamos bids US$770M for Richmont Mines
VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) is set to expand its Canadian production footprint via a US$770-million, all-share deal for Richmont Mines (TSX: RIC; NYSE: RIC). On Sept. 11,…
New Gold reports ‘significant progress’ at Rainy River
VANCOUVER — New Gold (TSX: NGD; NYSE-MKT: NGD) hopes developmental challenges are in the rearview mirror at its Rainy River gold project in northwestern Ontario. The company is advancing towards a…
Harte Gold finds new anomalies on Sugar property in Ontario
Harte Gold (TSX: HRT; US-OTC: HRTFF) has identified five new anomalies within 15 km to the east and west of its Sugar deposit in northern Ontario that may host both…
North American Palladium posts $8M profit in turnaround quarter
VANCOUVER — North American Palladium (TSX: PDL; US-OTC: PALDF) has marked its first profitable quarter since mid-2015, thanks to surging palladium prices and increased production at its Lac des Îles…
Pure Gold to update Madsen PEA in Q3
Pure Gold Mining (TSXV: PGM) has reached several milestones this year at its Madsen project in northwestern Ontario’s Red Lake district, and is on track to reach several more before…
The Northern Miner podcast – episode 72: Government infrastructure cash & discovery news
This week we’re talking infrastructure! The show will focus on the Sept. 2 announcement of the $360-million Yukon Resource Gateway Project. The joint federal and territorial initiative is designed to…
Kirkland Lake rides high grades towards banner year
VANCOUVER — Kirkland Lake Gold (TSX: KLG) has been on a tear in 2017 thanks to high gold grades and strong operating performances at its two flagship assets: the Macassa operation…