Iamgold (TSX: IMG) and 30% joint-venture partner Sumitomo Metal Mining have decided to move ahead with their C??t?(C) gold project in northern Ontario.Construction at the US$1.3 billion, open-pit project is slated to begin in the third quarter, with commercial production expected in the second half of 2023. Over 60% of detailed project engineering is already complete.Iamgold estimates its 70% of t...Read More
Skeena Resources (TSXV: SKE; US-OTC: SKREF) has released a maiden underground resource for its wholly owned Snip gold project, within B.C.'s prospective Golden Triangle.The resource is made up of the Main-V, Main-S and Twin West zones, and includes 539,000 indicated tonnes grading 14 grams gold per tonne containing 244,000 oz. gold, as well as 942,000 inferred tonnes, at 13.3 grams gold per tonne,...Read More
Drill results from Radisson Mining's (TSXV: RDS; US-OTC: RMRDF) wholly owned O'Brien project in Quebec include high-grade intercepts from areas below current resource boundaries and from zones around the existing deposit.Drill highlights include 32 metres of 3.07 grams gold per tonne from the Upper 36E area at a vertical depth of 430 metres. The hole was drilled near the western boundary of the de...Read More
This week's episode features the first of a two-part interview with Iamgold president and CEO Gord Stothart at the Canadian Mining Symposium, held on Zoom on June 16, 2020. Online editor Adrian Pocobelli asks Gord about the genesis of the name Iamgold, his career path, how the company is dealing with the coronavirus at its mine sites and security in West Africa.Gordon Stothart joined Iamgold at t...Read More
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the country. The Northern Miner presents its top 10 list of the biggest Canada-based firms with substantial assets in the U.S., by market capitalization, as of July 24.1. Barrick GoldMarket cap: US$50 billionBarrick Gold's Cortez pit, looking north. Credit: Barrick Gold.Toronto-based Barrick Gold (T...Read More
Northern Dynasty Minerals (TSX: NDM) is poised to clear the last hurdle for its proposed Pebble copper-gold mine in Alaska this week, the regulatory chief for the U.S. Army Corps of Engineers in the state said.Speaking to reporters late on July 20, Dave Hobbie said a final environmental impact statement (EIS) recommending the development of the US$100 billion mine will be published in the Federal...Read More
Deeper drilling in a previous drill hole intersected 8 grams gold per tonne over 9 metres at the Cadillac Break East property near Val-d'Or, Que., Probe Metals (TSXV: PRB; US-OTC: PROBF) says.Probe is earning up to a 70% stake in the property under a November 2016 option agreement with O3 Mining (TSXV: OIII), part of the Osisko Group of companies.Drill hole CBE-40 was deepened to followup on lower...Read More
The Hibernia oil platform in Canada was shut after a discharge of drilling and production fluids, the Hibernia Management and Development Co (HMDC) said late on Monday.Read full newsRead More
Gold faltered in its ascent toward $1,800 an ounce as a strengthening dollar undercut demand for the metal.Read full newsRead More
The African Centre for leadership, Strategy and Development (Centre LSD) has lauded the President Muhammadu Buhari administration for initiating the Presidential Artisanal Gold Mining Development Initiative.The initiative put together by the Buhari administration was to develop gold mining in the country.The Executive Director of the centre, Mr. Monday Osasah who made the commendation on Saturday...Read More
Highlights: 2020 Flin Flon drilling campaign underway to drill test two targets, totaling up to 1,500m at the Pine Bay Project; Drilling to follow up on recently identified highly conductive borehole electromagnetic anomalies off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization; and These anomalies are interpreted to occur within the same ... Continue readingR...Read More
Benchmark Metals Inc. is a mineral exploration company focused on the Lawyer's Gold and Silver project, located in the Golden Triangle of BC, Canada.Read full newsRead More
BP chief forecasts 10-fold increase in US biogas production by 2030 We need to accelerate the transition to renewable fuels Biogas has a significant role to play despite clamour for electrification New markets include rail, maritime, and industrial applications BP's...Read full newsRead More
(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday.Read full newsRead More
(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday.Read full newsRead More
Emgold Mining Corporation is pleased to announce that it will conRead full newsRead More
Gold prices surged to a nine-year high on Tuesday while the dollar weakened after European Union leaders reached an unprecedented $2 trillion stimulus package agreement. This boosted investor sentiment as the unprecedented stimulus package is likely to push real interest rates even lower, fueling a boom for non-yielding assets such as gold. A new surge in COVID-19 cases threatens to derail the ec...Read More
Precious metal stocks can be great, albeit volatile investments to add to your portfolio. As a store of wealth, precious metals such as gold tend to rise along with market volatility. It’s no surprise then that gold is now trading at over US$1,850 per ounce. Gold now trades near the US$1,900-per-ounce level that it was a decade ago, when a deep-multi-year crash began. That crash left gold pr...Read More
Precious metals are on a tear. All you have to do is look at the iShares S&P Global Gold Index (TSX:XGD) versus the NASDAQ index to see how well precious metals are doing. The XGD is up over 100% since its March low of just over $10 a share. In contrast, the NASDAQ is up much less than that. Yet barely anyone is talking about precious metals. Furthermore, fundamentals are firmly on the si...Read More
Geologists study drill core at Endeavour's Hounde mine in Burkina Faso. Photo Credit: Endeavour Mining. Endeavour Mining (TSX: EDV) has announced an increase of 554,000 oz. of gold resources at its Hounde mine in Burkina Faso, located approximately 250 km southwest of the capital Ouagadougou.The updated mineral resources now stand at 74.6 million tonnes grading 1.85 grams gold per tonne for 4.45...Read More