Headlines

Volume 100 Number 41

Nov 24 - 30, 2014

Pure Gold joins Red Lake's 'exploration renaissance'

RED LAKE, ONTARIO — For the management team at newly minted Pure Gold Mining (TSXV: PGM; US-OTC: LRTNF), picking up the past-producing Madsen gold project marked a return to a gold camp that has played a formative role in their...Read More →


CPM Group's Jeffrey Christian on gold's future

Jeffrey Christian, managing director of the CPM Group, a New York-based research consulting firm, took time out to talk to The Northern Miner about the gold price and the state of the gold mining sector.Read More →


Two suitors court Carlisle

Just two days after the ink dried on a binding joint-venture agreement between Canadian gold miner AuRico Gold (TSX: AUQ; NYSE: AUQ; CGJ) and Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) on the junior’s Lynn Lake project in Manitoba,...Read More →


Thompson Creek piles up cash in Q3

Thompson Creek Metals (TSX: TCM; NYSE: TC) is improving its operations and balance sheet, despite ending the third quarter in the red.Read More →


Transparency Act brings miners new reporting duties

It will soon be mandatory for Canadian mining and oil and gas companies to report payments to foreign and domestic governments — including, eventually, First Nations governments in Canada.Read More →


Editorial: Survey says ... Aboriginal Canadians have low opinion of mining industry

In another sign of the growing political power of First Nations in Canada, Vancouver-based public relations firm PR Associates has unveiled the results of the first-ever survey of aboriginal Canadians living in rural and remote areas to gauge...Read More →


Sean Roosen on Osisko's new plan, Virginia deal

VANCOUVER — It’s been a wild year for Sean Roosen and his team at Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF), but now that the dust has settled the company looks poised to become a major player in the royalty and...Read More →


Odds 'n' sods: Mining the Memories - Tough muckers

Many of the miners — or muckers, as those men who loaded the ore cars were called — came to Canada from Europe after the First and Second World Wars in search of a more peaceful life where one could earn an honest dollar, without...Read More →


University of Waterloo students win National Mining Competition

A quartet of engineering students from the University of Waterloo took the top prize at the third annual National Mining Competition in Saskatoon in early November.Read More →


TSX posts gains, Nov. 10-14

The S&P/TSX Composite Index posted its fifth straight week of gains, buoyed in part by strong economic data showing manufacturing sales in Canada climbed 2.1% to $53 billion in September, compared with a 3.5% drop in August. The S&P/TSX...Read More →


TSX Venture rebounds, Nov. 10-14

The S&P/TSX Venture Composite Index squeaked out a gain due to a late-week surge during the trading period, closing up 6.37 points at 776.63 points. Gains were underpinned by stronger metal futures despite China’s slower industrial...Read More →


US stocks march up, Nov. 10-14

U.S. equities are up for the fourth straight week. The Dow Jones Industrial Average advanced 60.81 points to 17,634.74, while the S&P 500 Index rose 7.9 points to a record high of 2,039.82. The Nasdaq Composite Index climbed 56.01 points to...Read More →


Foran's positive PEA at McIlvenna Bay

Foran Mining (TSXV: FOM) has touched a milestone at its flagship McIlvenna Bay project in east-central Saskatchewan, with the completion of a promising preliminary economic assessment (PEA) on the zinc-copper-gold-silver volcanogenic massive...Read More →


Tahoe set to expand Escobal

VANCOUVER — Tahoe Resources (TSX: THO; NYSE: TAHO) has expanded  resources and tabled an updated feasibility study at its high-grade Escobal silver mine in southeast Guatemala, setting the stage for expanded silver production...Read More →


Glencore to shut Australian coal mines temporarily

Glencore (LSE: GLEN) says it plans to shut down its coal operations in Australia for three weeks starting from mid-December due to slack demand and weak prices.Read More →


Met coal producers prepare for long price weakness

The benchmark price for metallurgical coal has dropped to a multi-year low of US$119 per tonne, and Moody’s Investors Service doesn’t see much relief for met coal producers until the second half of 2016. In the meantime, it warns,...Read More →