Gold has whipsawed wildly over the course of 2018, hitting a high over US$1,362 per ounce in January only to plummet to a low of US$1,177 an ounce by mid-August. While the yellow metal has recovered in recent weeks to trade over the psychologically important US$1,200-an-ounce mark, it is still down by just under 5% for the year to date. Despite gold's negative outlook because of poor fundamental...Read More
The view north downslope from the old Lone Star Mine at the Lone Star Zone. Source: Klondike Gold Corp.Klondike Gold Corp. [KG-TSXV] on Wednesday October 31 released assay results from drilling at the company's Klondike District property near Dawson City, Yukon.The assays are from a further 12 holes that targeted the Lone Star Zone. It said highlights include 1.32 g/t gold over 47 metres and 1.11...Read More
Logging diamond drill core at the Eskay Creek Project core shack. Source: Skeena Resources Ltd.Skeena Resources Ltd. [SKE-TSXV; SKREF-OTC] on Wednesday October 31 released additional gold-silver assays for six holes from the continuing phase 1 surface drilling program at the Eskay Creek Project located in northwest British Columbia's Golden Triangle region.The multi-faceted Phase 1 program is bein...Read More
(left to right) Shaun Pollard, Ed Balon, and Gareth Thomas. Photo taken from the top of Shovelnose Gold Property. Source: Westhaven Ventures Inc.Westhaven Ventures Inc. [TSX-V:WHN] is pleased to report further drill results from its recently completed drill campaign at its 15,542 hectare Shovelnose gold property, located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coq...Read More
For the last 100 years, no other commodity has seen its demand explode like lithium.Think of it like tomorrow's oil.Demand will be driven by the battery sector, which is fueling the sudden explosion of electric vehicles.I know you've seen the numbers.GM, which will be the second company to sell more than 200,000 EVs in the U.S., will be selling up to 20 electric models in China in 2023.By the earl...Read More
TORONTO - Barrick Gold Crop. has enriched its offer to shareholders of Randgold Resources Ltd. ahead of a vote on a proposed merger.Toronto-based Barrick says Randgold shareholders will receive US$2.69 per share, up from the original proposal of US$2 per share.The company says the increased offer would match what Randgold shareholders would expect to receive as dividend payments without the merge...Read More
Moises Carreon, Coors Development Chair and associate professor of chemical and biological engineering at Colorado School of Mines, has been awarded an honorary doctorate from Universidad Michoacana de San Nicol??s de Hidalgo.The Doctorate Honoris Causa is the highest recognition the Mexican university confers in the fields of science, arts and humanities, with only 71 people having received the d...Read More
Agnico Eagle Mines vice-chair and CEO Sean Boyd accepts The Northern Miner's Mining Person of the Year Award for 2017, with an introduction by Northern Miner editor-in-chief John Cumming.Boyd touches on his firm's corporate culture, its role in cancer research, and Agnico's multi-decade ties to the Miner, starting with the deep friendship between Agnico founder Paul Penna and long-time TNM publish...Read More
From 1996 until 2010, Zone 87 at the Troilus mine in Quebec was responsible for the majority of the 2 million ounces of gold and 70,000 tonnes of copper that was produced at the open-pit mining operation.The Z87 pit ultimately ran 350 metres deep and had a strike length of about 900 metres.Now junior explorer Troilus Gold (TSXV: TLG) is trying to bring that zone and others on its property back int...Read More
Peak Power COO Matt Sachs proposes energy cost savings solutions at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More
G?(C)oM?(C)gA president and CEO Kiril Mugerman discusses the prospect of producing rare earth elements (REEs) in Canada for the magnet industry via clean mining and processing practices. This presentation was part of the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Read More
Gold Resource Corporation (NYSE American: GORO) (the "Company" or "GRC") reported production results for the third quarter ended September 30, 2018 of 6,411 ounces of gold and 321,590 ounces of silver, which along with base metal revenue generated $24.3 million in net revenue for the quarter.Read full newsRead More
"Analysis: U.S. borrowing on pace to top $1.3 trillion this year, the highest since 2010 https://t.co/BDWxxv36ty"Read full newsRead More
"Why are #BritishColumbia, #Ontario, #Saskatchewan, #NorthwestTerritories & #Nevada the most secure for #investors? Find out in the 2018 #WorldRiskReport: https://t.co/iXlsSr9ABt"Read full newsRead More
A new investment mandate for the Northern Australia Infrastructure Fund (NAIF) is helping more major projects get off the ground sooner, according to NAIF Executive Director Peter Ross.Speaking at the International Mining and Resources Conference 2018 (IMARC) in Melbourne, Mr Ross said the Fund's investment mandate, introduced in April, was significantly more flexible."We are now able to provide u...Read More
With $350 billion to spend in the next five years, China's One Belt One Road - the massive push for a new 'Silk Road' - offers huge opportunities for the Australian resources sector.This was the key message to Australian businesses from Matt Schofield, lead partner of ShineWing Australia, who presented on the prospects for Australian business at Melbourne's landmark International Mining and Resour...Read More
Mining needs to embrace its role as an agent of change for good - and tell the story of how it does this better - if it wants to continue to compete for investment dollars and talent in the future, according to International Council of Mining and Metals CEO Tom Butler.Speaking at the International Mining and Resources Conference 2018 in Melbourne, Mr Butler said there was overwhelming evidence tha...Read More
While automation is often seen as a silver bullets that can solve a range of mining's problems, for Roy Hill's Christine Eriksen automation is actually a holistic approach with the majority of the time, effort and funds to be invested in changing in the people working with the technology on the frontline."You realised that silver bullet approach solely based on technology wasn't going to work. Tha...Read More
Within the highly competitive and capital-intensive mining sector, crowdsourced technology-driven solutions to some of the industry's most challenging problems are being unearthed.From its Melbourne head office, one of the world's largest gold mining companies, Newcrest Mining, has partnered with Unearthed Solutions to deliver an online platform that utilises the global collective wisdom of 'the c...Read More
The global mining sector's comeback signalled great expectations-improved employment, wages and economic wealth. However, the windfall will be short lived according to Peter Bryant, managing partner of Chicago-based strategic growth firm Clareo.Speaking at the International Mining and Resources Conference, Bryant said if miners want a new era of prosperity they must upend the traditional approach...Read More