The company reported that the sinkhole has remained stable since detection and that the area was immediately isolated, with no impact to personnel, equipment or infrastructure.Read More

Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived balance sheet risk over the coming 12 months.Canaccord Genuity Capital Markets analyst Dalton Baretto has downgraded the issuer to 'HOLD' from 'BUY' and is modestly reducing his target price to US$...Read More

B2Gold (TSX: BTO; NYSE-AM: BTG) and AngloGold Ashanti (NYSE: AU; JSE: ANG;) have put their Gramalote gold joint venture in Colombia on hold. In a news release on Aug. 3, B2Gold said that based on preliminary results from their optimized feasibility study for Gramalote, the miners determined that Gramalote doesn't meet their investment thresholds for developing the project. "In conjunction w...Read More

Canadian miners are mourning the passing of industry heavyweight Ned Goodman (1936-2022).Over more than 30 years, Goodman has made transformative and enduring contributions to Canada's minerals industry and capital markets as a company-builder, merchant banker and investment advisor during a dynamic career spanning almost half a century.Montreal-born Goodman applied his geological training and bus...Read More

Imperial Metals (TSX: III) will secure additional funds for the restart of its Mount Polley mine by way of a convertible debenture financing totalling $45 million. The mine, which had been on care and maintenance since 2019, is in the midst of the restart and operating at targeted production rates. The company had previously aimed to reopen the mine operation by the end of June.However, the mine r...Read More

TNM Drill Down, released every Monday, focuses on the top gold assays of the past week. Assays are?EUR?ranked by gold grade x width, as identified by our sister company?EUR?Mining Intelligence?EUR?. Top gold assays July 29 to Aug 4, as identified by Mining Intelligence.Australia's Musgrave Minerals (ASX: MGV) had the top drill hole of the week July 29-Aug. 4 at its flagship Cue project in Wester...Read More

U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines' (TSX: DML) competing bid for Canada's UEX Corp. (TSX: UEX) after sweetening its original bid.The revised offer gives each holder of UEX shares 0.0890 of one common share of Uranium Energy for each UEX share held. This implies a consideration of about 49 ? per UEX share, versus the prior offer of 43 ? per share, a 14% price i...Read More

Australian copper producer OZ Minerals (ASX: OZL) rejected on Monday an unsolicited A$8.4 billion (US$5.8 billion) takeover bid from the world's largest miner BHP (NYSE: BHP; LSE: BHP; ASX:BHP), stating that it "significantly undervalued" the firm.Earlier on Monday, BHP had offered A$25 per share for Oz Minerals, representing a 32.1% premium to the stock's closing price on Friday.The approach is p...Read More

Silvercorp Metals (TSX: SVM; NYSE: SVM) is expanding its mining operations to meet the growing demand for silver used in the solar panels and wind technologies that are powering the transition to a green energy future.The Canadian miner has "significant exposure to silver, which is an essential ingredient for the global push towards decarbonization, and, like gold, is viewed as a safe-harbour inv...Read More

Following the Randgold Resources and Barrick merger in 2018, Bristow pushed decision-making power out to the regions, which he believes motivated them to take ownership of decisions and improveRead More

Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived balance sheet risk over the coming 12 months.Canaccord Genuity Capital Markets analyst Dalton Baretto has downgraded the issuer to 'HOLD' from 'BUY' and is modestly reducing his target price to US$...Read More

U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines' (TSX: DML) competing bid for Canada's UEX Corp. (TSX: UEX) after sweetening its original bid.The revised offer gives each holder of UEX shares 0.0890 of one common share of Uranium Energy for each UEX share held. This implies a consideration of about 49 ? per UEX share, versus the prior offer of 43 ? per share, a 14% price i...Read More

Dear Outsider,President Biden is set to sign the $52 billion CHIPS Act into law tomorrow.This comes just as Nancy Pelosi is getting back from her controversial trip to Taiwan.The Chinese government didn't like it all, threatening military action.If you didn't know, Taiwan is the world's largest chipmaker.It all starts to make sense, doesn't it?The world's powers are vying...Read More

Rick Rule Symposium 2022youtu.beGold has seen ups and downs this summer, but is solidly below its Q1 peak of over US$2,000 per ounce.Speaking to the Investing News Network at the Rule Symposium in Florida, Rick Rule, the host of the event and...Read full newsRead More

(IDEX Online) - Namibia's diamond production increased by more than two thirds (67.2 per cent) following the launch of its latest diamond recovery vessel.Second quarter figures for the second quarter of 2022 were 565,000 carats, up from 338,000 in Q2 last year.Debmarine, a 50/50 joint venture between De Beers Group and the Government of Namibia, began operations in March with its new $420m ve...Read More

(IDEX Online) - The IDEX Polished Price Index declined more markedly during July. It closed down by 2.05 per cent, compared with 1.18 per cent in June and 0.69 per cent in May. The rate of decline appears to be accelerating with each passing month. January and February, by comparison, showed sharp increases, up by 5.67 per cent and 4.14 per cent respectively.IDEX Online subscribers please cli...Read More

(IDEX Online) - Botswana Diamonds says it has found more kimberlite - the rock that hosts diamonds - during explorations at its Thorny River project in South Africa. Last September, the UK-listed company took full control of the site, in northern Limpopo province, by exercising its pre-emptive right to acquire outstanding third-party interests. The company says its drilling campaign has...Read More

Though it’s difficult to be confident of anything in the current flux we're experiencing, I am pretty confident of three things:1) Price is set on the margins.2) Currencies are the foundation of every economy.3) The financial forecasts issued to calm the public do not reflect operative geopolitical goals.Let's break this down. Every national government has “global interests.” Gov...Read More

Share this articleVANCOUVER - Gander Gold Corp. [GAND-CSE, GANDF-OTCQB] said Friday that as exploration continues on its Gander North project in Newfoundland, it has identified what is potentially a major new gold trend located 25 kilometres east of the Appleton trend that hosts high-grade gold discoveries that are being developed by New Found Gold Corp. [NFG-TSXV] and Labrador Gold Corp. [L...Read More

The company said the feasibility study confirmed the plan for gravity, milling and heap leach processing.Read More