TSX Venture Exchange October 9-15
It was a bull week for the S&P-TSX Venture Composite Index as the junior board posted gains every day over the Oct. 9-15 trading session to close up 156.84 points at 3,014.41. Average daily tradin…
Articles by Northern Miner Staff
U.S. Markets October 9-15
Uncertainty dominated equity markets in the U.S. during the period Oct. 9-15, with several items of good earnings news countered by rising crude oil prices. The Dow Jones Industrial Average did touch …
Toronto Stock Exchange October 9-15
The TSX Composite Index finished the Oct. 9-15 trading period down, if only slightly, as it lost 2.06 points to finish at 14,231.28. The losses stemmed from poor performance in the financial sector as…
Zaruma picks up $22M to build Luz del Cobre
Vancouver — Zaruma Resources’ (ZMR-T, ZMRAF-O) Luz del Cobre copper deposit in Sonora state, Mexico, just took a major step towards production with the company closing a US$22-million senior debt fin…
Crosshair cutting uranium oxide in Labrador
Vancouver — Labrador’s Central Mineral Belt (CMB) continues to prove its uranium potential: the latest drill results from Crosshair Exploration & Mining’s (CXX-V, CXZ-X) large CMB project show lo…
AMEC takes a larger spoonful of Chile
AMEC (AMEC-L), an international engineering and project management firm, is adding 540 Santiago, Chile-based employees to the fold by acquiring Chilean engineering firm, CADE-IDEPE.
St Andrew suspends production at Nixon Fort
Ore production issues are behind a suspension of production at St Andrew Goldfields’ (SAS-T, SASXF-O) Nixon Fork gold mine in Alaska.
Strathmore grows Gas Hills claims
Strathmore Minerals’ (STM-V, STHJF-O) has snapped up more land in the Gas Hills uranium district of Wyoming, historically the second-largest uranium producing area in the United States.
Sleeping giant?
Cadiscor Resources (CAO-V, CADRF-O) has signed an option agreement to acquire Iamgold’s (IMG-T, IAG-N) Sleeping Giant mine and milling facilities in Quebec’s Abitibi region, located 70 km west of its …
Khan, Western Prospector mull shared infrastructure
Vancouver — Neighbouring uranium explorers Khan Resources (KRI-T, KHRIF-O) and Western Prospector Group (WNP-V, WEPGF-O) are looking at collaborating on government-related issues and development of t…
Rusoro ropes Gold Fields properties
Vancouver — Having inked a deal to purchase all of Gold Fields’ (GFI-N, GFI-J) mineral projects in Venezuela, including the Choco 10 gold mine, Rusoro Mining (RML-V, RMLFF-O) is jumping to producer s…
Pele drilling confirming Elliot Lake resource
Pele Mountain Resources (GEM-V, PMNHF-O) expects to see results of a scoping study on the company’s Elliot Lake uranium project soon, following a successful infill drilling campaign.