Teck Wrestles With US$10B Debt
Vancouver — For the last few years, Teck (TCK. B-T, TCK-n) has been a reliable, dividend-paying investment option, a major mining company regularly recording substantial profits by cashing in on stro…
Articles by Northern Miner Staff
Lundin Sees One-Two Punch In Q3
Vancouver– Deteriorating metal prices have forced Lundin Mining (LUN-T, LMC-n) to put one mine on care and maintenance, consider closing another early, and shift production at a third to copper from …
Rare Earths Shortage Looming?
The key metals needed for hybrid cars, flat-screen TVs and energy-efficient lighting could be in short supply in a few years’ time if rare earth element mines aren’t developed outside of China, some i…
TSX VENTURE EXCHANGE – NOVEMBER 11-17
By the last day of the Nov. 11-17 trading session the S&P-TSX Venture Composite Index slid below 800 points and closed at a low not seen since January 2000. The Venture board lost 128.2 points to …
Cost of capital scorching juniors: Cormark report
For investors wondering why their favourite junior mining stocks have plummeted so far below the value they may hold in the ground, a new report from Cormark Securities sheds some light.
Capex spending spree waning
Sales of operating equipment could be cut in half over the next two years as mining companies concentrate on capital preservation, working capital and share buybacks, according to a new report from Ci…
Golden Band grows Bingo resource
Vancouver–The high-grade gold resource in Golden Band Resources’ (GBN-V, GBRIF-o) Bingo deposit is small but growing steadily.
Silverstone makes move into gold
Vancouver — Silverstone Resources (SST-V, SVRCF-o) has secured life-of-mine silver and gold production from Sherwood Copper’s (SWC-V, SWOPF-o) Minto copper mine in the Yukon.
Sinchao boasts hefty initial resource
Vancouver — After two years of drilling, Sinchao Metals (SMZ-v) has delineated a sizable initial resource at its namesake copper-gold- silver project in Peru.
TORONTO STOCK EXCHANGE – NOVEMBER 11-17
Global markets resumed their slide over the Nov. 11-17 trading session and the TSX was no exception. The TSX Composite Index fell roughly 107 points to 8,795.45 over a period that saw U. S. Treasury S…
U. S. MARKETS – NOVEMBER 11-17
Indexes were down across the board during the Nov. 11-17 trading session. The Dow Jones Industrial Average fell 5.1% or 420.38 points to 8,273.58, while the S&P 500 Index dropped 48.2 points, or 5…
Freeport axes moly jobs and production
Vancouver — With the molybdenum price crashing, Freeport-Mc- MoRan Copper & Gold (FCX-n), the world’s largest moly producer, is slashing more than a hundred moly-related jobs, cutting production …