Suddenly, the diamond sector is an exciting place to be.Personally, I feel a renewed sense of optimism about the industry after being a part of the first ever Diamonds Symposium, organized by DiC's publisher The Northern Miner in June.It was gratifying to see a great turnout at the event, proving that there is still a vibrant diamond community in Canada.But it's not just that we had a successful a...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six kilometres from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper is based on 98 diamond...Read More
The first annual Diamonds Symposium, organized by The Northern Miner and Diamonds in Canada, spanned the earliest days of Canada's diamond rush in the early 1990s to present trends and predictions for the future.Held in Toronto in June, the event featured keynote speakers Grenville Thomas, Eira Thomas and independent analyst Paul Zimnisky, as well as corporate presentations and more.Here are a few...Read More
Newmont Mining's (NYSE: NEM) Ahafo mine in Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on schedule and within budget.Starting next year, Subika underground will add an average of between 150,000 and 200,000 ounces of gold production a year over the first five years of an initial mine life of about ten years.Th...Read More
Building the next mid-tier copper producer. Nevada Copper (TSX:NCU) owns Pumpkin Hollow - the only large-scale, ...Read More
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Work has already begun on upgrading the site security which includes cameras and fencing.Read full newsRead More
"How could #disruption change the extraction, exploration, and #mininginvestment landscape? Find out in the #MiningDisrupted series: https://t.co/UwTZQtEkOM https://t.co/yuF2rjO5nT"Read full newsRead More
"You really won't find [the floor] until you kind of hit the 3K-flat level."Read full newsRead More
Shallow infill and step-out drilling - 250 metres south of the main deposit at Liberty Gold's (TSX: LGD) flagship Goldstrike project in Utah - suggests that oxide gold-bearing feeder structures follow multiple orientations that cross-cut the main deposit trend, the company says.Exploration results from the Peg Leg area at the past-producing mine also indicate that the zone has starter-pit potentia...Read More
Shallow infill and step-out drilling - 250 metres south of the main deposit at Liberty Gold's (TSX: LGD) flagship Goldstrike project in Utah - suggests that oxide gold-bearing feeder structures follow multiple orientations that cross-cut the main deposit trend, the company says.Exploration results from the Peg Leg area at the past-producing mine also indicate that the zone has starter-pit potentia...Read More
A study by the University of Alberta revealed that cobalt deposits in the Democratic Republic of Congo are 150 million years younger than previously thought.Using a new rhenium-osmium dating system to examine the 'blue gold' deposits in the African country, researchers Nicolas Saintilan and Robert Creaser demonstrated that cobalt and copper mineralization occurred during a period of mountain buil...Read More
A study by the University of Alberta revealed that cobalt deposits in the Democratic Republic of Congo are 150 million years younger than previously thought.Using a new rhenium-osmium dating system to examine the 'blue gold' deposits in the African country, researchers Nicolas Saintilan and Robert Creaser demonstrated that cobalt and copper mineralization occurred during a period of mountain buil...Read More
A senator that belongs to the leftist National Regeneration Movement (MORENA) hosted a press conference to announce he is going to lobby his colleagues so that they reject a new bill that proposes changes to Mexico's mining code.The bill was tabled by Senator Armando Guadiana's own party earlier in the week and it includes tax hikes, environmental and indigenous community protections and the possi...Read More
A report by Fitch Solutions states that the period 2018-2022 is seeing a growth in gold production because slightly higher prices and stronger company financials are encouraging greater mine investment."We forecast global gold production to increase from 104moz in 2018 to 115moz by 2022, averaging 2.6% annual growth," the document reads."We expect gold prices to continue to head higher, averaging...Read More
Investors buy commodity stocks because they're volatile. Investors aim to buy low and sell high. This can't be truer for small-cap, growth-focused mining stocks, such as GoldMining (TSX:GOLD).In the past five years, GoldMining has traded as low as about $0.40 per share and as high as $3 per share. So, investors could have gotten a seven-bagger! However, it's impossible to catch the bottom and sell...Read More
Share this articleCALGARY - Canadian oil and gas companies finding little love in the stock market are repurchasing their neglected shares, driving a rise in share buybacks that's already reached a record high this year.Using scarce dollars to buy your own stock instead of investing to grow the business may seem wasteful to some, but observers say it makes sense if you have money in your wallet...Read More
Sabina Gold & Silver's (TSX: SBB) Back River project is already expected to produce an average of 198,000 ounces of gold a year over an initial mine life of twelve years at all-in sustaining costs of US$620 per oz. gold. However, those numbers were released in a September 2015 feasibility study, and the company has continued to make significant new discoveries on its 54,000-hectare property in Nun...Read More