Uranium Energy lays groundwork for market recovery
Over the last two years, Uranium Energy (NYSE-AM: UEC) has taken advantage of the downturn in uranium markets and acquired uranium projects in the Powder River basin of Wyoming, Canada’s…
South America
Goldcorp expects higher production in 2019
Goldcorp (TSX: G; NYSE: GG) expects to produce more silver, zinc, lead and gold equivalent ounces in 2019 compared to 2018. The company, which is currently merging with Newmont (NYSE:…
US markets rise, Jan. 21-25: Yamana, Iamgold and Freeport McMoRan
The gold price rose 1.66% to US$1,302.60. The Philadelphia Gold and Silver Index rose 4% to 71.17, and the Dow Jones Industrial Average rose 0.12% to 24,737.20. The S&P 500…
Antofagasta posts record copper production
Antofagasta (LON: ANTO) set a new record last year with group copper production of 725,300 tonnes, and the company expects it will produce 750,000-790,000 tonnes of the red metal this…
Millennial Lithium de-risks Pastos Grandes
Farhad Abasov has high hopes for Millennial Lithium’s (TSXV: ML; US-OTC: MLNLF) Pastos Grandes lithium brine project in Argentina’s Salta province. The CEO expects a definitive feasibility study (DFS) in…
Goldsource drills near surface gold at Salbora in Guyana
Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) has discovered more near surface gold with the first two drill holes of an ongoing exploration campaign at its Salbora gold target, 1.5 km…
Serabi Gold hits record gold production in Q4
Serabi Gold (TSX: SBI; LON; SRB) produced a record 10,256 oz. gold in 2018’s fourth quarter, propelling its 2018 gold production to 37,108 oz. gold, a slight improvement over 2017…
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…
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…