First Majestic Drilling Grows La Encantada Reserves By 187%
VANCOUVER — A 6,700-metre drill program at the La Encantada mine in the northeastern Mexican state of Coahuila has paid off for First Majestic Silver (FR-T, FRMSF-O).
Articles by Northern Miner Staff
TSX Venture Exchange -Jan. 6-12
VANCOUVER — It was an up-and-down week for the S&P/TSX Venture composite index over the Jan. 6-12 trading session. The board started the week by climbing above the 900-point mark, a height it has…
Toronto Stock Exchange – Jan. 6-12
The TSX fell during the Jan. 6-12 trading session, with the S&P/TSX composite index losing 492 points, or 5.3%, to 8,793. Metal and mining issues sustained heavier losses, with the S&P/TSX Cap…
U.S. Markets – Jan. 6-12
Many are wondering how far the bailout package in the United States will go in fixing the economy. Ben Bernanke, chairman of the Federal Reserve, says the US$700-billion stimulus should help revive th…
People (January 19, 2009)
American Creek Resources — Seamus Young has retired as a director.
Commentary: Commodity Prices To Bottom In 2009: Banks
While TD Bank sees the commodities market starting to rebound in the second half of 2009, followed by more pronounced price increases in 2010, the World Bank believes that, over the long term, commodi…
Editorial: Mining Sector Layoffs Pick Up Steam
Quite a few miners across Canada and beyond rang in the new year with layoff notices, as the autumn commodities bust worked its way into the employment scene.
North American Tungsten Bets On Unleaded Future
VANCOUVER — North American Tungsten (NTC-T, NATUF-O) is transforming itself. No longer is it just a tungsten mining company responsible for making about 4% of the world’s tungsten concentrates. It is…
Debt Troubles Start To Pile Up For Miners
VANCOUVER–For a growing number of mining companies unable to make payments on significant debts, the prospects for a happy new year are growing dim.
Andina Riding High At Volcan
SITE VISIT COPIAPO, CHILE — Using its US$19 million in working capital, Andina Minerals (ADM-V, ADMNF-O) is moving forward on its advanced Volcan gold-sulphur exploration…
Monument Loses $10M Credit Line
VANCOUVER — Two lenders have backed out of a $10-million credit facility earlier promised to Monument Mining (MMY-V, MMTMF-O). But despite the loss of funds, the company says construction of its Seli…
Chile Aiding Smaller Copper Miners
VANCOUVER — The Chilean government’s national mining company responsible for assisting small and medium-sized copper producers, ENAMI, will likely pay US$1.99 per lb. copper to those producers until …