Endeavour Silver output drops on coronavirus closures
Endeavour Silver (TSX: EDR; NYSE: EXK) took a significant hit to production in the three months to the end of June, as operations were halted for two months to comply…
Mexico
Canada’s top 10 royalty and streaming companies
The Northern Miner presents the top-10, Canadian-headquartered royalty and streaming companies by market capitalization, as of late-June 2020. 1. Franco-Nevada Market capitalization: US$26.40 billion Franco-Nevada (TSX: FNV; NYSE: FNV) continues…
Apollo Gold to acquire First Majestic properties
Apollo Gold (TSXV: APGO) has signed a letter of intent to acquire a group of properties in Jalisco state, Mexico, from First Majestic Silver (TSX: FR; NYSE: AG). The deal…
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,…
Fortescue Metals targets zero emissions by 2040
Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by 2040, ten years earlier than its closest rivals…
TSX drops June 8-12: Barrick, Starcore, B2Gold
Concerns about a new surge of coronavirus infections sent the S&P/TSX Composite Index down 3.77%, or 597.50 points, to finish the June 8-12 trading week at 15,256.57. Spot gold rose…
Minera Alamos expands Nicho at Santana
Results from the second phase of Minera Alamos’ (TSXV: MAI) drill program at its wholly owned Santana project in Sonora have expanded mineralization at the Nicho zone to the southwest…
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…
US markets advance, May 25-May 29: Vale, Cleveland Cliffs, Fortuna Silver, Barrick
The Dow Jones Industrial Average rose 3.75% to 25,383.11, and the S&P 500 increased 3.01% to 3,044.31. Spot gold fell US$4.00 per oz., or 0.23%, to finish the trading week…
Streaming company Nomad Royalty lists on TSX
Nomad Royalty, a new precious metals royalty and streaming company, will begin trading on the TSX on May 29, after completing a reverse takeover and acquiring the royalty portfolio of…
Newmont restarts mines as restrictions ease
With restrictions on mining due to the coronavirus pandemic starting to ease, Newmont (TSX: NGT; NYSE: NEM) is back on track with all but one of its mines – Musselwhite…
US markets fall, May 11-15: Franco-Nevada, Hecla, Coeur, Newmont
As decisions about reopening businesses continued to vary from state to state in the U.S., the Dow Jones Industrial Average fell 2.73% to 23,685.42, while the S&P 500 dropped 2.31%…