Editorial: Copper prices near two-year highs
If you ever wondered what would happen to copper prices if 10% of world supply suddenly went offline, mid-February provided the answer: Spot copper prices soared to 20-month highs of…
South America
JDL, Luna to merge, become Trek Mining
VANCOUVER — Newly formed JDL Mining (TSXV: JDL; US-OTC: LWLCF) and debt-heavy Luna Gold (TSX: LGC; US-OTC: LGCVF) hope that a proposed merger of the two companies will pave the…
Uranium snapshot: six juniors of interest
With uranium oxide prices making a rebound over the last two months after hitting 12-year lows, uranium juniors are seeing renewed interest from investors. Here are six such companies worth…
Toachi has VMS target by the tail at La Plata in Ecuador
La Plata — a gold-rich, volcanogenic massive sulphide (VMS) deposit, 85 km south of Ecuador’s capital city of Quito — was the subject of small-scale mining from open-pit and underground…
TNM Data Miner: Largest global gold reserves in 2016
The Northern Miner put together the largest global gold reserves at operating mines in 2016, using the Intelligence Mine database from sister company Infomine. The list excludes combined reserves at…
Lumina Gold tallies 4M oz. gold resource in Ecuador
Lumina Gold (TSXV: LUM) has carved out 4 million oz. gold at its Cangrejos project in the Andean foothills of southwestern Ecuador’s El Oro province, and mineralization remains open to…
Eloro secures foothold in popular Peruvian gold belt
The North Central Mineral Belt of Peru is well-known for the gold mines that dot its landscape, from South America’s largest gold mine, Yanacocha, owned by Newmont Mining (NYSE: NEM)…
TNM Data Miner: Top 5 global copper resources in 2016
VANCOUVER — Tapping into the IntelligenceMine database of our sister company Infomine, The Northern Miner has compiled the world’s five largest copper deposits at operating mines worldwide based on resources. 1….
Cordoba CEO discusses next steps at San Matias
VANCOUVER — It remains early days for Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) at the San Matias copper-gold property, 200 km north of Medellin, Colombia, but there’s already excitement building around…
Goldcorp drops $35M into Auryn
Goldcorp (TSX: G; NYSE: GG) is taking a 12.5% stake in Auryn Resources (TSX: AUG; US-OTC: GGTCF) for $35 million — a sum that will be used to fund a…
Best gold stocks on TSX in 2016
While the gold price erased most of the headway it made in early 2016, it still exited the year up 8.5% at US$1,150.90 per oz., snapping three years of consecutive…
Great Panther to buy Coricancha from Nyrstar
VANCOUVER — Silver miner Great Panther Silver (TSX: GPR; NYSE-MKT: GPL) has struck a deal with Nyrstar to acquire the European smelting giant’s shuttered Coricancha polymetallic mine complex, 90 km…