Barrick could close Golden Sunlight mine in May

Barrick could close Golden Sunlight mine in May

Canada’s Barrick Gold (TSX:ABX) (NYSE:GOLD) could close its Golden Sunlight mine in Montana as soon as May, unless the company finds a way to keep the 44-year-old and nearly depleted operation in business. Underground development has already...

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Beauce Gold using new technology to identify mineralized zones in St-Simon-les-Mines

Beauce Gold using new technology to identify mineralized zones in St-Simon-les-Mines

Beauce Gold Fields (TSX: BGF) announced this week that it is testing a new Russian technology at Quebec’s Rang St-Gustave Road in St-Simon-les-Mines. In detail, the miner is conducting a high resolution mobile electromagnetic or TDEM survey...

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BHP steps up efforts to win battle for Ecuador’s copper riches

BHP steps up efforts to win battle for Ecuador’s copper riches

The world’s largest miner BHP (ASX, NYSE:BHP) took a key step this week towards increasing its presence in Ecuador, the new darling of copper prospectors, by signing an earn-in and joint venture deal with Canada’s Luminex Resources (TSX-V:LR)...

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Silver demand in India set for 4-year high on farm cash payout

Silver demand in India set for 4-year high on farm cash payout

Silver will see a resurgence in demand this year from rural Indians spending cash handouts from the government designed to aid local economies ahead of the general election, according to Metals Focus Ltd. Purchases are set to rise to about 6,590...

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Russia ban, Fiat Chrysler drive palladium price to new record high

Russia ban, Fiat Chrysler drive palladium price to new record high

Palladium prices were driven further into uncharted territory on Tuesday, briefly topping the $1,600 per ounce level on the back of an expected spike in demand from the auto sector just as top producer Russia considers banning scrap exports. The...

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Tanzania sets up mineral trading centres to curb illegal gold exports

Tanzania sets up mineral trading centres to curb illegal gold exports

Tanzania has ordered all mineral-producing regions in the East African nation to set up government-controlled trading centres by the end of June, accelerating efforts to curb illegal exports of gold and other precious minerals. The trading...

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Precious and Base Metal Mining Company in Latin America – Sierra Metals Inc.(TSX:SMT) NAI500 PDAC 2019 Coverage

Precious and Base Metal Mining Company in Latin America – Sierra Metals Inc.(TSX:SMT) NAI500 PDAC 2019 Coverage

In this interview at the recent PDAC 2019 Convention in Toronto, NAI500 spoke with Mike McAllister, Vice President of Sierra Metals Inc.(TSX:SMT) about its precious metals and base metals mining operations in Mexico and Peru.

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Operations resume at Goldcorp’s Cerro Negro mine in Argentina

Operations resume at Goldcorp’s Cerro Negro mine in Argentina

Canada’s Goldcorp (TSX:G) (NYSE: GG) said workers at its Cerro Negro mine in Argentina have returned to work, after an illegal strike at the gold producing operation, the company’s biggest in the South American country. Mining stopped on March 8...

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PDAC 2019 Convention exceeds 25,000 attendees

PDAC 2019 Convention exceeds 25,000 attendees

Toronto, March 6, 2019 – The Prospectors & Developers Association of Canada (PDAC) hosted 25,843 attendees from more than 130 countries at PDAC 2019—the world’s premier annual mineral exploration and mining convention. PDAC was pleased to...

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Sustainability pressure turns into competitive advantage for miners — report

Sustainability pressure turns into competitive advantage for miners — report

Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from...

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Northern Dynasty raises $10 million to develop Alaska Pebble project

Northern Dynasty raises $10 million to develop Alaska Pebble project

Northern Dynasty Minerals (TSX:NDM) has entered into a bought deal financing with Cantor Fitzgerald Canada to raise $10 million that will allow the miner to further advance its Pebble copper-gold-silver project in Alaska. The deal prices the...

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