Nevsun completes prefeasibility at Timok
Nevsun Resources (TSX: NSU; NYSE-AM: NSU) has a busy year ahead. In early April, the mid-tier base metals company released a prefeasibility study for the Cukaru Peki Upper Zone, part…
Europe
US markets fall, March 19-23
Gold rose 2.5% to close at US$1,346.8 during a poor week for U.S. markets. The Philadelphia Gold and Silver Index rose 3.5% to 81.5, the Dow Jones Industrial Average fell…
Group Eleven drills for zinc in Ireland
Newly public Group Eleven Resources (TSXV: ZNG) has started drilling its 60%-owned Ballinalack zinc property, 50 km west of Boliden’s (STO: BOL; US-OTC: BDNNF) Navan zinc mine in the Republic…
Finland takes top spot for investment attractiveness: Fraser Institute
The following is an edited release by the Fraser Institute on the publication of its 2017 Annual Survey of Mining and Exploration Companies by Ashley Stedman and Kenneth P. Green….
Catherine Raw, Stephen de Jong named ‘Young Mining Professionals of the Year’
The Young Mining Professionals (YMP) — a non-profit group with chapters in Vancouver, Toronto, Montreal and London, U.K. — has given its Mining Professional of the Year awards for 2017…
TSX posts marginal gains, Dec. 27-29
Canada’s benchmark index rose 0.27% on a shortened trading week to 16,209.10.The S&P/TSX Global Mining Index gained 0.82% to 72.31 while the S&P/TSX Global Gold Index budged slightly, moving from…
Glencore optimistic on industrials, electric vehicles
VANCOUVER — Commodity giant Glencore (LON: GLEN) has been the proverbial elephant in the room during the current zinc rally, with the market pondering a scenario involving up to 500,000…
Lundin Mining lowers production outlook
VANCOUVER — Lundin Mining (TSX: LUN) pulled together a management conference call after a press release detailing its lower production guidance for the next three years triggered a fall in…
Firesteel to buy, restart Laiva gold mine
Firesteel Resources (TSXV: FTR) intends to purchase and reactivate the past-producing Laiva gold mine located in central Finland, near the Gulf of Bothnia, in early December and begin producing gold…
Black Iron completes PEA on Shymanivske project in Ukraine
A preliminary economic assessment of Black Iron’s (TSX: BKI) Shymanivske project in the Ukraine outlines a post-tax net present value at a 10% discount rate of US$1.66 billion and a 36.1%…
Nominations open for YMP’s 2018 Peter Munk and Eira Thomas awards
The Young Mining Professionals (YMP) association in partnership with The Northern Miner will be hosting the second annual YMP Awards on March 3, 2018, at Toronto’s Shangri-La Hotel during the opening weekend…
Moody’s downgrades its outlook on Eldorado Gold
Eldorado Gold’s (TSX: ELD; NYSE: EGO) troubles in Greece and Turkey have prompted Moody’s Investors Service to downgrade its rating outlook for the gold producer from stable to negative. “The…