When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…
VANCOUVER — Denver-based Newmont Mining (NYSE: NEM) is poised to open up a new gold district at its Long Canyon project along the eastern flank of the Pequop Mountains in northeastern Nevada. The U.S. Bureau of Land Management (BLM)…
U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…
Since taking the helm of Timberline Resources (TSXV: TBR; NYSE-MKT: TLR) on Jan. 1, Kiran Patankar has wasted little time getting to work and enlarging the junior’s footprint in Nevada.
VANCOUVER — Explorer Adamera Minerals (TSXV: ADZ; US-OTC: DDNFF) is hoping to contribute to a long history of gold mining in the prolific Cook Mountain district in northern Washington state. The region hosts Kinross Gold’s (TSX: K;…
Canadian stocks fell for a third straight week, following bleak U.S. economic data and rising tensions in the Middle East. Oil and gold prices spiked after Saudi Arabia and its allies launched airstrikes against Houthi rebels in Yemen, who are…
With coal prices sitting at multi-year lows, almost 17% of coal production this year in the U.S. could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood Mackenzie says…
U.S. stocks rose on a declining dollar and higher gold prices at a slower-than-expected pace, which pushed up the main indexes.
VANCOUVER — It’s been a bleak few years for Allied Nevada Gold (TSX: ANV; US-OTC: ANVGQ) and its employees and shareholders, as falling gold prices and operational difficulties combined to put the company in dire financial straits….
The U.S. Federal Open Market Committee’s latest statement on March 18 after its two-day meeting drew attention from those keen on understanding the health of the global economy, including commodity investors and miners.
In Canada, private equity (PE) firms have not traditionally played a prominent role in the mining industry. Perhaps this is due to uncertainty regarding the longer payoff periods associated with the mineral extraction industry and the fact that…
U.S. stocks rose after the Greek government secured a four-month extension to its debt bailout package, pushing the S&P 500 Index up 0.7% to close at 2,110.30, while the Dow Jones Industrial Average advanced 0.6% to 18,140.44, its highest…
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