A growing Mandalay remains Desjardins’ top pick
Mandalay Resources (TSX: MND; US-OTC: MNDJF) has bumped up its full-year production guidance after reporting solid third-quarter numbers.
Articles by Northern Miner Staff
Iron ore price collapse claims more victims
Cliffs Natural Resources (NYSE: CLF) and London Mining (US-OTC: LIIGF; LSE: LOND) have become the latest casualties of falling iron ore prices, with Cliffs warning that it expects to record a US$6-billion non-cash impairment charge in the third…
TSX clings to tiny gain, Oct. 14-17
After six straight weekly declines, Canada’s main stock exchange ended the trading week in positive territory — but just barely. The S&P/TSX Composite Index rose 0.32 of a point to 14,227.68, while the S&P/TSX Capped…
Puma on the prowl near historic Brunswick mine
Shares of Puma Exploration (TSXV: PUM; US-OTC: PUXPF) traded higher after the junior announced it has acquired a 6.5 sq. km property with a newly discovered volcanogenic massive sulphide (VMS) zone just 6 km north of the No. 12 orebody at…
Commentary: Plan Nord 2.0 and the creation of Socit du Plan Nord
On Sept. 30, 2014, the Quebec government, through its Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Pierre Arcand, tabled Bill 11, entitled the Act respecting the Société du Plan Nord.
Allied Nevada advances US$1.4B Hycroft plan
VANCOUVER — It’s been a tough year for producer Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) as it has moved through lower-grade areas at its flagship Hycroft mine, 87 km west of Winnemucca, Nev. The company is hoping an…
TSX Venture trends downward, Oct. 14-17
The S&P/TSX Venture Composite couldn’t break out of its funk during the shortened trading week, as it dropped 2.1%, or 17 points, en route to an 810.13-point close. Commodity futures rallied slightly, though energy prices continue to…
Short Position Report
Short positions outstanding at Oct.15/14 (with changes from Sept.30/14).
Semafo amends bid for Orbis Gold
Semafo (TSX: SMF) has amended its bid for 100% of Orbis Gold (ASX: OBS) to A$0.65 per share from its proposal on Oct. 12 of between A$0.62 and A$0.65 per share in a deal now worth A$163.9 million (US$143 million).
ICSG forecasts copper surplus in 2015
After five years in a row of deficits, the copper market should show a production surplus in 2015, according to The International Copper Study Group.
Lonmin doubles down on Wallbridge JVs in Sudbury
VANCOUVER — U.K.-based platinum group metals (PGM) outfit Lonmin (LSE: LMI; US-OTC: LNMIY) remains bullish on the Sudbury basin and its expansive joint venture with junior Wallbridge Mining (TSX: WM; US-OTC: WLBMF). On Sept. 20…
Argentex grows Pinguino, looks for partners
Argentex Mining (TSXV: ATX; US-OTC: AGXMF) believes its Pinguino project is the largest undeveloped silver-gold vein field in the Patagonia region of Argentina.