First Mining searches for the ‘sweet spot’
Newly listed First Mining Finance (TSXV: FF; US-OTC: FFMGF) is on a mission to secure quality assets at cheap prices.
Articles by Northern Miner Staff
US stocks retreat, Aug.3-7
Major U.S. indexes tumbled in August after a decent jobs report suggested the Federal Reserve would hike interest rates as soon as next month. The S&P 500 Index fell 1.3% to 2,077.57, while the Dow Jones Industrial Average lost 1.8% to…
TSX ends lower, Aug. 3-7
West Texas Intermediate crude finished at US$43.84 per barrel — marking the sixth weekly drop in oil prices — but a bounce in Canadian exports in June injected a sliver of optimism into the prevailing doom and gloom about the…
Barrick ‘all but assured’ to meet debt target, Canaccord says
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) appears on track to achieve a US$3-billion debt reduction target this year after a few key asset sales, a streaming agreement and a commitment to cutting capital spending across the…
Ur-Energy churns out a profit, defying weak uranium market
Ur-Energy (TSX: URE; NYSE-MKT: URG) produced its first net profit during the quarter ended June 2015 at its Lost Creek in-situ recovery (ISR) uranium facility in Wyoming, after bringing the mine online in August 2013.
BMO sees ‘better times ahead’ for Primero Mining
VANCOUVER — Primero Mining (TSX: P; NYSE: PPP) is a favoured mid-tier gold producer amongst analysts, and it isn’t hard to see why after a strong second quarter, marked by competitive operating costs and signs of…
Randgold beefs up exploration in Cte d’Ivoire
Randgold Resources (NASDAQ: GOLD) is stepping up its exploration in Côte d’Ivoire.
New Gold inks Rainy River deal with Royal Gold
VANCOUVER — Canadian producer New Gold (TSX: NGD; NYSE-MKT: NGD) appears to have filled a funding gap at its Rainy River gold mine under construction 65 km northwest of Fort Frances, Ont., with a US$175-million streaming deal with…
Short Position Report
Short positions outstanding at July 31/15 (with changes from July 15/15).
Odds ‘n’ sods: The Toodoggone River Tube Race of 1981
VANCOUVER — On July 31, 1981, nearly 200 geologists and support crews stood speechless along the gravel banks of the remote Toodoggone River in north-central B.C., as a helicopter landed before them alongside the frigid, glacial-fed water.
Rambler adds 15 years to mine life at Ming
VANCOUVER — Rambler Metals & Mining (TSXV: RAB) is looking to upgrade its underground Ming copper-gold mine, 17 km east of the town of Baie Verte on the north-central coast Newfoundland, after positive results from a prefeasibility…
Anaconda invests in Pine Cove’s future
VANCOUVER — With renewed exploration, Anaconda Mining (TSX: ANX; US-OTC: ANXGF) is laying the groundwork to revitalize its open-pit Pine Cove gold mine, 6 km northeast of the town of Baie Verte in north-central Newfoundland, even as…