Headlines

Volume 101 Number 29

Aug 31 - Sep 6, 2015

Editorial: Commodities prices follow China's economy south

China’s slowing economy and sinking stock market are wreaking havoc on already oversupplied commodity markets around the globe.Read More →


Eldorado Gold halts Greek ops as ministry revokes technical study

Haywood Securities analyst Kerry Smith says Greece’s energy minister Panos Skourletis was on a “fishing expedition” when he revoked the technical studies on Eldorado Gold’s (TSX: ELD; NYSE: EGO) Skouries and Olympias...Read More →


Arena attracts JOGMEC, B2Gold

Since the beginning of the year, prospect-generator Arena Minerals (TSXV: AN) — whose shares traded at only 17¢ at press time — has enticed two heavyweight players in the mining industry to sign option agreements on parts...Read More →


Interview: Market insights from Sprott's Rick Rule

At the Sprott/Stansberry Natural Resource Symposium — held in Vancouver in late July — Rick Rule, chairman of Sprott U.S. Holdings Inc., spoke with The Northern Miner about the state of the mining industry and its future. Read More →


Endeavour hits pay dirt at Agbaou

VANCOUVER — West Africa-focused Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has been on the hunt for valuable oxide resources at its flagship Agbaou gold mine, 80 km south of Yamoussoukro, Côte d’Ivoire, and exploration results...Read More →


Anglo American sells Mantos Blancos and Mantoverde mines

A year after selling its 50% interest in U.K. building materials group Lafarge Tarmac for US$1.6 billion, Anglo American (US-OTC: AAUKY; LSE: AAL) has reached a deal to unload two of its smaller Chilean copper mines to a consortium led by...Read More →


Odds 'n' Sods: Gold in Union County, South Carolina

Early in 1979 I had been transferred by Newmont Mining from Western Australia where I had been working as the exploration manager, to take up a newly created role as exploration manager for the eastern United States.Read More →


Fool's Gold reality TV show proves popular

After a warm reception from viewers, mining reality TV show Fool’s Gold is back for a second season, which will see the ragtag mining crew set out to extract 100 oz. gold from the historic Straw Lake Beach gold mine in Kenora, Ont.Read More →


TSX drops sharply, Aug 17-21

The S&P/TSX Composite Index contracted five days in a row and finished at its lowest level in 18 months, down 5.6% to 13,473.67. The sell-off — mirrored in markets around the globe — was triggered by fears of a hard economic...Read More →


TSX Venture plummets, Aug. 17-21

The S&P TSX Venture Composite Index hovered near historic lows during the Aug. 17-21 trading sessions, as it lost 6.2% or 35.69 points en route to a 537.52 point weekly close. Crude oil futures sat close to a six-year low, while the U.S....Read More →


US stocks fall, Aug.17-21

U.S. equities tumbled as investors took in new data signaling a slowdown in China and a report that showed an unexpected rise in U.S. crude stockpiles, fuelling concerns of a global oil surplus. The S&P 500 Index and the Dow Jones...Read More →


Gekko heads to Arctic with Hope Bay contract

Gekko Systems, a mineral processing and modular plant design firm, has won a contract for work on TMAC Resources’ (TSX: TMR) flagship Hope Bay gold project in northwest Nunavut.Read More →


SGS expands Corescan service in North America

SGS has enhanced its hyperspectral analysis capability in North America by adding a mobile unit, based in Canada.Read More →


Asian, African miners more likely to switch heavy equipment suppliers, Timetric survey says

A survey of buyers and senior decision makers at more than 500 mines across the globe wide shows that most Asian and many African miners anticipate switching major equipment manufacturers in the next five years.Read More →


Stillwater retrenches in hopes of PGM recovery

VANCOUVER — Denver-based Stillwater Mining (TSX: SCW.U; NYSE: SWC) has made tough decisions in response to falling platinum group metal (PGM) prices, including layoffs and a focus on cost control that will hopefully better...Read More →