Why 2020 could be a better year for diamonds
Following a strong first half of 2018, the balance of the year and most of 2019 was disappointing for the diamond industry. The most recent 18-month stretch has been described…
United States
TSX posts gain, Nov. 11-15: Franco-Nevada, Detour, Kirkland Lake, Caledonia Mining
The S&P/TSX Composite Index rose 0.89% to close at 17,028.47. The S&P/TSX Global Mining Index gained 0.51% to 76.43 and the S&P/TSX Global Base Metals Index fell 2.47% to 102.61….
US markets move higher, Nov. 11-15: Sibanye-Stillwater, Wheaton, Arch Coal
The Dow Jones Industrial Average rose 1.17% to 28,004.89, and the S&P 500 Index increased 0.89% to 3,120.46. Spot gold gained 0.62% to US$1,467.90. Sibanye-Stillwater climbed US52¢ per share, or…
Coeur Mining invests in Integra Resources
Coeur Mining (NYSE: CDE) is investing $6.6 million to acquire 5.76 million common shares of Integra Resources (TSXV: ITR; US-OTC: IRRZF) at $1.15 per share. The private placement includes an…
Para Resources pours first doré at Gold Road
Para Resources (TSXV: PBR; US-OTC: PRSRF) has poured the first doré bar at its Gold Road mine in Arizona, 24 km northeast of the state’s borders with California and Nevada….
Southwest US Snapshot: Precious metals, battery metals and uranium activity
In our annual overview of exploration and mining activity in the Southwestern U.S., we focus on eight companies active in the region. Precious metals appear to be the exploration target…
Liberty Gold hits high-grade gold at Black Pine
New drill results from Liberty Gold’s (TSX: LGD; US-OTC: LGDTF) wholly owned Black Pine project in Idaho include high-grade intervals of Carlin-style oxide gold mineralization. Drilling has also expanded the…
TSX Venture falls, Oct. 28-Nov 1: Abitibi Royalties, Equinox, New Pacific, O3 Mining
The S&P/TSX Venture Composite Index fell 0.9% to 541.49. Spot gold finished at US$1,514.10, up 0.67%. Abitibi Royalties shares jumped 68¢, or 4.78%, to $14.90. The company’s board of directors…
Court rejects Hudbay motion to reconsider Rosemont
The U.S. District Court for Arizona has turned down Hudbay Minerals’ (TSX: HBM; NYSE: HBM) request that it reconsider its ruling in July that prevents the company from developing its…
Premier and Nevada Gold Mines begin commercial production at El Nino
Commercial production at the El Nino gold mine in Nevada’s Carlin Trend started ahead of schedule and on budget, Premier Gold Mines (TSX: PGM; US-OTC: PIRGF) reports. Premier owns 40%…
Lynas and Blue Line to build rare earths separation capacity in US
A combination of growing demand for rare earth elements (REEs) and supply uncertainty related to the ongoing trade war between the U.S. and China has reignited project investment, with rare…
US Vanadium acquires Russian-owned production facility in Arkansas
U.S. Vanadium, a private company in which venture capital firm Elysee Development Corp. (TSXV: ELC) has a 15% stake, is acquiring a Russian-owned production plant in Hot Springs, Ark., that…