TSX rises while gold falls, July 9-13
Canada’s benchmark index rose 1.15% to 16,561.12 on a down trading week. The S&P/TSX Global Mining Index fell 1.6% to 73.19 and the S&P/TSX Global Gold Index fell 2.76% to…
United States
North American Helium sees opportunity in Saskatchewan
When people think of helium they often think of party balloons. But the party favourites make up just a fraction of the global $2-billion helium industry. The inert gas is…
Rio Tinto’s Barrios calls Elysis biggest aluminum smelting breakthrough in 130 years
In May, Rio Tinto (NYSE: RIO) and Alcoa (NYSE: AA) unveiled what they call a “revolutionary” new aluminum smelting technology that eliminates carbon emissions and produces oxygen as a by-product,…
South32 offers US$1.3B for Arizona Mining
After taking an initial 15% stake in junior zinc developer Arizona Mining (TSX: AZ) in April 2017 for US$81 million and boosting it to 17% over the next year for…
Revival Gold tables maiden resource at Beartrack
Like its name implies, Revival Gold (TSXV: RVG; US-OTCQB: RVLGF) aims to bring brownfield and past-producing gold projects back to life. The company is focused on reviving its past-producing Beartrack…
Integra chasing high-grade gold at DeLamar
Integra Resources (TSXV: ITR) has tabled assays from nine of 13 initial drill holes at its DeLamar deposit, part of its larger 21.4 sq. km DeLamar gold project, 80 km…
Production nears for Nevada Copper
Pumpkin Hollow will be the next copper mine built in North America, Matthew Gili, Nevada Copper’s (TSX: NCU) new president and CEO, tells The Northern Miner in one of his…
First Quantum backs out of disputed Pebble project
A framework agreement with First Quantum Minerals (TSX: FM) to help finance the controversial Pebble copper-gold project in Alaska has fallen apart — sending shares of Northern Dynasty Minerals (TSX:…
TSX inches higher while gold dips, May 14-18
Canada’s benchmark index rose 0.47% to 16,162.31 during a week that saw little movement in Canadian markets. The S&P/TSX Global Mining Index rose 0.12% to 75.25 and the S&P/TSX Global…
US markets dip, May 14-18
Gold closed at US$1,291.9, down 2% over the previous trading week, as U.S. markets slipped. The Philadelphia Gold and Silver Index fell 2.14% to 82.06, and the Dow Jones Industrial…
Barrick takes strategic stake in Midas Gold
In the latest of a series of strategic investments in junior mining companies, Barrick Gold (TSX: ABX; NYSE: ABX) is acquiring a 19.9% stake in Midas Gold (TSX: MAX; US-OTC:…
Azarga Uranium to merge with URZ Energy
The merger of Azarga Uranium (TSX: AZZ; US-OTC: PWURF) and URZ Energy (TSXV: URZ; US-OTC: URZZF) will create a new uranium development company focused on in-situ recovery (ISR) uranium deposits…