Editorial: Voyage from the bottom of ice station zebra
The closure in July of the Point Lake part of the Ekati complex in the Northwest Territories is the latest blow to Canada’s Far North diamond industry. Owner Burgundy Diamond…
Canada
Agnico rises on record quarterly profit, free cash flow
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income…
Endeavour lifts H1 output 38% on ramp-up, expansion
Africa-focused Endeavour Mining’s (TSX, LSE: EDV; US-OTC: EDVMF) gold output jumped by more than a third in the first half of the year to June 30, reflecting recent mine expansions…
B2Gold starts underground mining at Fekola in Mali
B2Gold (TSX: BTO; NYSE-A: BTG) said it began underground production at its flagship Fekola mine in Mali immediately after receiving approval from the government. The stock rose. The approval, which took effect…
Winsome walks away from Renard diamond mine buy
Winsome Resources (ASX: WR1) is dropping its proposed acquisition of the Renard diamond mine, a deal that would have fast-tracked the development of its flagship Adina lithium project in northern…
Trump’s deep-sea mining push stirs alarm
Trump’s push to accelerate deep-sea mining aims to lessen US reliance on China for minerals, but raises fears of ecological harm and instability.
Northern Superior logs high-grade gold in Quebec
Northern Superior Resources (TSX-V: SUP; US-OTC: NSUPF) cut a highlight result of 9.1 metres grading 11.99 grams gold per tonne at its Philibert property in Quebec. The stock jumped. That…
Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…
Yukon’s assessment process: A guide for miners
Picture this: a small exploration company is planning to extend an access road near Mayo in the Yukon. It’s a relatively minor addition, just a few kilometres of gravel to…
Omai books high grades at Guyana’s Wenot deposit
New drilling at Omai Gold Mines’ (TSX-V: OMG; US-OTC: OMGGF) Wenot deposit in Guyana encountered wide zones of high-grade mineralization, the company said. Hole 25ODD-119 cut 7.5 metres at 31.7…
Gold price may hit $4,000 by year-end: Fidelity
Gold prices could be heading towards $4,000 per oz. by the end of this year as the Federal Reserve begins to cut rates and the U.S. dollar continues its decline,…
Kinross divests 12% stake in Ryan’s White Gold
Kinross Gold (TSX: K, NYSE: KGC) has divested its entire 12% equity stake in White Gold (TSXV: WGO), which has been focused on a project in the Yukon advanced by…