Lucara's Q2 revenue of US$7.5 million came via the sale of stones smaller than 10.8 carats. The company decided in March not to tender any diamonds in excess of that size, instead agreeing to sell Read More
In the second quarter, Equinox Gold (TSX: EQX; NYSE-AM: EQX) produced a total of 127,016 oz. gold at all-in sustaining costs (AISCs) of US$900 per oz. sold, from six mines in the Americas.Despite the Covid-19 pandemic, Equinox still recorded its highest quarterly gold production in the quarter.The company has also provided updated guidance for the year, due to the pandemic. It now expects to produ...Read More
Lucara Diamond (TSX: LUC) saw revenues fall 82% in the three months to June 30 from the same period last year after it decided to hold back the sale of larger stones amid pandemic-fuelled uncertainty in an already weak global diamond market.The Vancouver-based diamond producer posted a loss of almost US$14 million in the second quarter, compared to net income of US$700,000 in the second quarter of...Read More
A total of US$8.86 billion worth of M&A deals were struck in the metals and mining industry globally during the second quarter of 2020, according to the latest report from GlobalData.This represents an increase of 29.1% over the previous quarter and a decline of 14.4% when compared with the average over the last four quarters, which stood at US$10.35 billion.Comparing deal values across different...Read More
This week's episode features an interview with Northern Miner senior reporter Carl A. Williams about the $104-million Metal Earth research and development program led by the Mineral Exploration Research Centre (MERC) at Laurentian University. Carl describes the science behind the initiative as well as the difficult challenge of finding new orebodies. He also discusses his interviews with MERC dire...Read More
Gold prices fell over the last couple days and today in particular.If you search for gold news right now it is all you'll find. Headlines about a bursting bubble or correction are all over.Correction? That's a pretty broad term to toss around considering it doesn't account for the "why" of it all, but sure, if you want to call it that then go ahead.Bubble? Certainly not. It isn't even close. Tha...Read More
Kerr Mines Inc. is pleased to announce that it has closed its preRead full newsRead More
Brigadier Gold Limited (TSXV:BRG) (FSE: B7LM) is pleased to announce that it has signed a definitive agreement for an option to acquire a 100% interest in the 3,954 hectare Picachos Gold-Silver Property, centered over the historicRead full newsRead More
Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) (Read full newsRead More
NV Gold Corporation is pleased to announce that a controlled sourRead full newsRead More
Radisson Mining Resources Inc. and Renforth Resources Inc. are plRead full newsRead More
New Pacific Metals Corp. is pleased to announce that it has receiRead full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that Michael Konnert has been appointed to the Board of Directors. In addition, a second core drilling rig has recently been mobilized to site and is now drilling high priority targets on the project as part of the ongoing 7,500 m program.Key HighlightsBoard of Directors App...Read More
KUALA LUMPUR: Shares of Borneo Oil Bhd have rallied to a two-year high in early trade today after announcing a gold deposits discovery in one of its mining plots.Read full newsRead More
KUALA LUMPUR: Shares of Borneo Oil Bhd have rallied to a two-year high in early trade today after announcing a gold deposits discovery in one of its mining plots.Read full newsRead More
Barrick Gold is due to release its second quarter results today.The gold price has softened but remains above the US$2,000 per ounce mark, reached for the first time last week.It was about $2,208/oz on the spot market at the time of writing.China's iron ore imports in July surged to a record, up 24% from a year earlier, Reuters reported, driven by shipments from miners and resilient demand as the...Read More
The year 2020 has really been an epic one for financial markets. Some of the top TSX stocks that once seemed indestructible lost 60-90% of their value, while some have tripled in just a few months.Let’s discuss some of the top-gaining TSX stocks of 2020. We will see what drove them and see if there is any steam still left.Top gainers in Canadian broader markets include Shopify (TSX:SHOP)(NYS...Read More
The robust recovery in stock markets following its crash in March despite any strong fundamentals indicates that the rally might not hold for long. Besides, a sustained increase in coronavirus cases and weak economic data further strengthen the bear case.So if you’re worried about a second market crash and want to reduce risk without sacrificing much on the growth, here are my top three sugg...Read More
Aerial view of Mount Polley tailings dam breach in August 2014. Image from Business in Vancouver. Around 1 a.m. on August 4, 2014, a worker withdrawing water from the Mount Polley, British Columbia tailings pond dam was puzzled when he noticed he suddenly had no water. He would not know until later that, at the other end of the 250-hectare dam, a portion of the north-facing embankment had collaps...Read More
Image: Glencore via Instagram Copper futures prices rebounded sharply on Monday on the back of a surge in Chinese imports of the metal widely used in industry and construction.Copper for delivery in September trading in New York changed hands for $2.8850 a pound ($6,360 a tonne) in afternoon trade, snapping back 3.3% from a sharp drop on Friday.In March, the bellwether metal briefly traded belo...Read More