TSX mixed, May 10-14
The S&P/TSX Composite Index fell 0.54% to 19,366.69 during the May 10-14 trading week. The S&P/TSX Global Mining Index slipped 2.25% to 113.84, and the S&P/TSX Global Base Metals Index…
Caribbean
UniGold completes PEA on Candelones oxide project
UniGold (TSXV: UGD; US-OTC: UGDIF) has released the results of a preliminary economic assessment of a stand-alone oxide gold project, which it says will provide cash flow as the company…
Unigold hits high-grade mineralisation at depth on Neita concession in the Dominican Republic
Unigold (TSXV: UGD; US-OTC: UGDIF) has released the latest drill results from its exploration program at the Candelones Extension deposit, part of the company’s wholly-owned Neita concession in the Dominican Republic,…
Unigold rises on Candelones results
Shares of Unigold (TSXV: UGD) rose 46%, or 14.5¢, to 46¢ per share following positive drill results from its Candelones Extension deposit, which is part of the company’s 210-sq.-km Neita…
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
Unigold upgrades resource, launches $5M exploration program at Candelones
Unigold (TSXV: UGD) has announced an updated mineral resource estimate for the Candelones oxide project on the company’s flagship Neita concession, a 226-sq.-km land package located in the province of…
Commentary: Coal mining ends in England, but Earth Overshoot Day points way forward
It has been a difficult week for English mining engineers. A coal open pit closed in Durham on the same day (Aug. 17) as a thought-provoking press release by Global…
Unigold drills high-grade intercept at Nieta in Dominican Republic
The longest and highest-grade intercept drilled so far at Ungiold’s (TSXV: UGD) Nieta concession in the Dominican Republic “suggests that sulphide mineralization may have a steeper plunge to the northeast…
Barrick reduces power supply to communities near Porgera mine
Barrick Gold (TSX: ABX; NYSE: GOLD) announced that it will reduce power supply to townships near the Porgera gold mine to save costs. The company said in a statement from…
Gold miners will struggle to maintain 2019 production levels, Wood Mac says
Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programs halted or cancelled and project disruptions hampering production, the summit is in sight,…
Top 10 Canadian miners by market cap
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization as of late-June, 2020. 1. Barrick Gold Market cap: US$46.56 billion Barrick Gold (TSX: ABX; NYSE: GOLD) has…
Precipitate Gold turns to second property near Pueblo Veijo following Barrick deal
After signing a deal with Barrick Gold (TSX: ABX; NYSE: GOLD) to earn a 70% stake in its Pueblo Grande project in the Dominican Republic earlier this month, Precipitate Gold…