Volume 100 Number 38

Nov 3 - 9, 2014

Editorial: Hunts' silver play the stuff of legend

Few individuals have lived lives large enough to be immediately associated with a particular commodity. Think oil and J.D. Rockefeller; steel and Andrew Carnegie; and diamonds and the Oppenheimer family. For silver, it’s the Hunt brothers...Read More →

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...Read More →

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:Read More →

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...Read More →

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...Read More →

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...Read More →

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.Read More →

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.Read More →

TSX advances, Oct. 20-24

The S&P/TSX Composite Index ended the trading week in positive territory, jumping 316 points to 14,543.82, but the gold and diversified miners didn’t follow the upward trend. The S&P/TSX Global Gold Index dipped 3 points to...Read More →

TSX Venture trades relatively flat, Oct. 20-24

VANCOUVER — The S&P TSX Venture Composite was unable to turn early-week momentum into sustained gains during the Oct. 20-24 trading sessions, as it lost 4.68 points en route to a 805.45 point weekly close, despite two promising days...Read More →

U.S. equities end the week higher, Oct. 20-24

Better-than-expected corporate earnings and easing concerns about the Ebola epidemic despite news of the first case of the disease diagnosed in New York City drove U.S. equities higher during the trading week. The Dow Jones Industrial Average...Read More →

San Gold drilling points to 'Rice Lake repeat'

VANCOUVER — It’s been a rocky time for producer San Gold (TSX: SGR; US-OTC: SGRCF) as it strives to optimize operations at its Rice Lake gold complex near Bissett, Man., but recent drilling appears to offer upside. The company is...Read More →

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...Read More →

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...Read More →

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...Read More →