Editorial: Newmont-Goldcorp merger rocks gold industry
The new year continues to be a fascinating one in the global mining industry, with the unveiling on Jan. 14 of Newmont Mining’s blockbuster US$10-billion deal to acquire Goldcorp, and…
South America
Iamgold expects lower production, higher costs in 2019
Iamgold (TSX: IMG; NYSE: IAG) expects to produce fewer gold ounces while incurring higher all in sustaining costs and total cash costs in 2019 compared to 2018, the company said in…
US markets rise, Jan. 7-11: Hecla, Pretium, Teck
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The Dow Jones Industrial Average rose…
Newmont to buy Goldcorp for US$10B
Newmont Mining (NYSE: NEM) will acquire all outstanding Goldcorp (TSX: G; NYSE: GG) shares in a deal that values Goldcorp at US$10 billion to create Newmont Goldcorp, the companies announced…
Auryn finds copper zone at Sombrero in Peru
Auryn Resources (TSX: AUG; NYSE-AM: AUG) has found a zone of oxide copper mineralization at the Milpoc prospect, 12 km south of the Sombrero Main target on its Sombrero North…
Millennial Lithium nears feasibility at Pastos Grandes
Millennial Lithium (TSXV: ML; US-OTC: MLNLF) is nearing an updated resource estimate and feasibility study (FS) at its 86 sq. km Pastos Grandes lithium project in Salta, Argentina. The company…
Outlook Snapshot: Eight juniors with plans for a busy 2019
The junior exploration and development scene is still in high gear in North America, with many juniors planning for extensive work programs in 2019 at precious and base metal projects…
Fruta del Norte, Cobre Panama lead wave of new 2019 mines
As a new year approaches, The Northern Miner runs down 15 of the most interesting new mines scheduled to begin production in 2019. Fruta del Norte (gold) Lundin Gold The Fruta…
Largo doubles strike length of NAN vanadium deposit in Brazil
Largo Resources (TSX: LGO; US-OTC: LGORF) drilled 24 holes totalling 4,223 metres during phase two drilling at its Novo Amparo Norte (NAN) vanadium deposit. The deposit lies 6.5 km north…
Capstone doubles Cozamin mine life with boosted reserves
Capstone Mining (TSX: CS; US-OTC: CSFFF) has increased reserves at its Cozamin polymetallic mine in Zacatecas, Mexico, by 89%, after drilling the project for the past year and a half….
Fura Gems tallies 6M carats of emeralds at Coscuez mine
Less than a year after acquiring a 76% stake in the Coscuez emerald mine in Colombia, Fura Gems (TSXV: FURA; US-OTC: FUGMF) has finished a maiden resource estimate that delineates…
Sandy Lake’s Pat Sheridan back in Guyana
Less than two weeks after being appointed executive chairman and CEO of Sandy Lake Gold (TSXV: SLAU), Patrick Sheridan has steered the Red Lake-focused junior towards several acquisitions in Guyana….