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Mountain Province stock takes off on 74% diamond resource increase

12 April 2019 - 15:45
Shares of Mountain Province Diamonds Inc. (TSX and NASDAQ: MPVD) surged on Thursday after releasing its latest mineral resource estimates at the Faraday 2 kimberlite, located within the Kennady North Project, NWT, Canada. The stock rebounded by more than 12% at the open in Toronto, lifting the company's market capitalization to over C$256 million.

Global silver demand up 4% in 2018

12 April 2019 - 15:34
The Silver Institute has released a report saying global silver demand rose 4% – to 1.03 billion oz. – in 2018. This is the first time since 2015 that demand has risen year-over-year.

Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner

12 April 2019 - 15:08
Shareholders in US gold giant Newmont Mining (NYSE:NEM) have almost unanimously approved the miner’s proposed $10B takeover of Canada’s Goldcorp (TSX:G) (NYSE:GG), a deal that creates the world’s largest gold producer by market value, output and reserves, robbing Barrick of its recently cemented supremacy.

Newmont bondholder revolt may put Barrick on hook for debt

11 April 2019 - 16:56
Barrick Gold Corp. could find itself partially liable for $600 million in additional debt, if some Newmont Mining Corp. bondholders have their way.

Vancouver junior gold exec fined for false statements about Pascua Lama

11 April 2019 - 16:33
The president and CEO of Vancouver-based Mountainstar Gold has been slapped with a C$150,000 penalty by the British Columbia Securities Commission (BCSC) for making “false or misleading statements” regarding the Pascua Lama gold deposit in Chile.

SolGold scores again at Cascabel project

11 April 2019 - 15:05
Ecuador-focused miner SolGold (LON, TSX:SOLG) said drilling at its Cascabel copper-gold project in the country’s north has revealed previously unknown mineralization, further increasing the size of one of the biggest copper discoveries of recent years.

First Vanadium says Nevada project resource estimate exceeds expectations

11 April 2019 - 14:44
Canada’s First Vanadium (TSX-V: FVAN) has published indicated mineral resources for its Nevada-based Carlin project, considered the largest, highest grade primary vanadium deposit in North America.

Centerra, Premier Gold get drilling at Ontario project

10 April 2019 - 08:59
Greenstone Gold Mines, a 50/50 joint venture between Canadian miners Centerra Gold (TSX:CG) and Premier Gold (TSX:PG), has kicked off a core and reverse circulation drilling program at its Hardrock project in southern Ontario.

Stornoway Diamond halts open pit operations at Quebec mine

10 April 2019 - 08:55
Shares in Canada’s Stornoway Diamond Corp. (TSX:SWY) fell on Tuesday after it announced that it would halt operations at its Renard 65 open pit mine, in the Canadian province of Quebec.

Best argument for gold standard is Trump himself

10 April 2019 - 08:49
With President Donald Trump’s apparent plans to nominate Stephen Moore and Herman Cain to the Federal Reserve Board, attention has turned once again to the gold standard, a policy option once advocated by both men. Trump himself has expressed admiration for the gold standard.
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