Goldsource closes in on production at Eagle Mountain
VANCOUVER — It’s all about profitable ounces for junior Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) at its fledgling Eagle Mountain project, 230 km southwest of Georgetown, Guyana.
Articles by Northern Miner Staff
Wall Street ends in the red, March 2-6
U.S. stocks tumbled during the first week of March as investors worried the strong monthly jobs report might trigger the Federal Reserve to hike interest rates sooner than expected. The Dow Jones Industrial Average lost 276 points, or 1.5%,…
Editorial: No end in sight for iron ore glut
Ten weeks into 2015, and many of the world’s iron ore miners are on edge as iron ore prices set new lows, and the finger-pointing begins as to who is contributing to the problems besetting the industry.
TSX Venture finishes in the red, March 2-6
The S&P/TSX Venture Composite Index lost ground during the trading sessions, dropping 2.5%, or 17.94 points, before closing at 688.79 points. Metal futures were on the decline, while investors waited on a potential interest rate hike from…
Pershimco advances Cerro Quema in Panama
Pershimco Resources’ (TSXV: PRO; US-OTC: RSPRF) Cerro Quema gold project in southwestern Panama is on track to start production in late 2016, and in its first full year of operation, it could be the Central American country’s…
TSX drops, March 2-6
Canada’s main stock index was in the red during the week of the Prospectors & Developers Association of Canada convention, with the country reporting lower gross domestic product growth in the fourth quarter and a worsening trade…
Endeavour Silver adjusts to low silver prices
VANCOUVER — Silver prices are sitting around a five-year low after a precipitous fall. And that has changed the business environment for Endeavour Silver (TSX: EDR; NYSE: EXK) and other like-minded, mid-tier miners.
Calibre gears up for a big year in Nicaragua
VANCOUVER — Explorer Calibre Mining (TSXV: CXB; US-OTC: CXBMF) is preparing for a busy field season across three gold-silver projects, and that’s become a rarity in a junior sector that’s finding it difficult to keep the…
Suppliers news: Boart Longyear, SGS, Tomra
Boart Longyear releases 2014 results, celebrates 125 years
Decline in exploration spending continued in 2014
The following is an edited excerpt from SNL Metals & Mining’s 2015 World Exploration Trends report. For more information, please visit www.snl.com.
First Quantum slows pace at Cobre Panama
VANCOUVER — Development is continuing at First Quantum Minerals’ (TSX: FM; US-OTC: FQVLF) Cobre Panama copper-gold project in Panama, despite concerns of softer metal prices and a tightening of the company’s purse…
Explorers enjoy the blue-sky in Nicaragua
VANCOUVER — Epithermal gold deposits tend to form in clusters that mimic the spacing of active volcanoes, and they typically go hand-in-hand with gold-copper porphyry deposits, polymetallic skarns and other intrusion-related systems.