Daily News

OMA study: New mines a boost to Ontario economy

A new study by the University of Toronto’s Rotman School of Management commissioned by the Ontario Mining Association measures the impact on gross domestic product, employment and government revenue from open pit and underground mining...
Oct 29, 2014 12:00AM


Commentary: As graphite prices stumble, more is needed for new operations to succeed

The latest China monthly graphite export data support the idea of some graphite price stabilization. Natural graphite prices trending lower would bolster their competitiveness against synthetic graphite and accelerate demand.
Oct 29, 2014 12:00AM


Orocobre defines new exploration target

Orocobre (TSX: ORL; US-OTC: OROCF) says its flagship Salar de Olaroz brine-based lithium project in the Puna region of Argentina’s northwestern province of Juyuy is expected to produce 17,500 tonnes per year of low-cost, battery-grade...
Oct 29, 2014 12:00AM


Alamos Gold hit by heavy rains during Q3

VANCOUVER — It’s the rainy season in Mexico, and that’s not great news for producer Alamos Gold (TSX: AGI; NYSE: AGI) at its wholly owned Mulatos heap-leach mine, 220 km east of Hermosillo in Sonora state. On Oct. 23 the...
Oct 29, 2014 12:00AM


Lion One moves permitting forward in Fiji

Fiji’s Department of Environment has approved two key permits for Lion One Metals’ (TSXV: LIO) high-grade Tuvatu gold project, 50 km south of Vatukoula, the country’s oldest operating mine.
Oct 29, 2014 12:00AM


NGEx's Los Helados PEA comes with hefty capex

VANCOUVER — There’s a lot of low-grade copper at NGEx Resources’ (TSX: NGQ; US-OTC: NGQRF) Los Helados project, situated 77 km northwest of Copiapo, Chile. But a newly released preliminary economic assessment (PEA) calls into...
Oct 29, 2014 12:00AM


Lundin's Fortress to buy Fruta del Norte

Kinross Gold (TSX: K; NYSE: KGC) acquired the Fruta del Norte gold project in Ecuador through its US$1.2-billion acquisition of Aurelian Resources in 2008, but heated local opposition forced the gold producer to abandon the project in 2013...
Oct 29, 2014 12:00AM


Source chases district-scale skarn at Las Minas

VANCOUVER — Roughly 270 km east of Mexico City in the state of Veracruz, junior Source Exploration (TSXV: SOP) is thinking big. Earlier this year the company expanded a discovery at its property package in the historic Las Minas...
Oct 29, 2014 12:00AM


True Gold quickly develops North Kao at Karma

True Gold Mining (TSXV: TGM; US-OTC: RVREF) is on track to pour the first gold at its Karma project in Burkina Faso in late 2015, with the mine plan envisioning five open pits that will be developed in sequence to feed a heap-leach operation...
Oct 29, 2014 12:00AM


Rick Rule sees 'lustrous return' ahead

The Northern Miner recently interviewed Sprott US Holdings chairman Rick Rule on commodity trends, his investment strategy and the junior exploration market. Listen to the podcast at www.northernminer.com, or read the edited transcript below:
Oct 29, 2014 12:00AM


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