Clarification
The story “Probe Mines brings ex-Barrick CEO on board” (T.N.M., Sept. 29-Oct. 5/14), included analysis of Probe Mines’ (TSXV:PRB)Borden gold project by Mike Hocking, a mining analyst at Scotia Capital. The story…
Articles by Northern Miner Staff
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 14, 2014Precious MetalsPrice…
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.
Ivanhoe says most locals support Platreef
Should Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) cranks out its estimated 785,000 oz. platinum, palladium, rhodium and gold from the Platreef project in South Africa, the underground operation 280 km northeast of Johannesburg would be…
Kennady Diamonds loses altitude on Kelvin results
Kennady Diamonds’ (TSXV: KDI; US-OTC: KDIAF) high-flying stock lost almost a third of its value in a single day on disappointing grades from a mini-bulk sample at its Kennady North diamond project in the Northwest Territories.
Mkango climbs on Malawi’s REE potential
It’s a little unusual for a Canadian junior to skip a preliminary economic assessment and proceed to the prefeasibility stage, but that strategy seems to have worked for Calgary-based Mkango Resources (TSXV: MKA), judging by the…
Chilean court suspends El Morro project, again
Goldcorp (TSX: G; NYSE: GG) and New Gold (TSX: NGD; NYSE-MKT: NGD) are having an unlucky streak at their El Morro gold-copper project in northern Chile, where local officials have temporarily suspended development for the third time in three…
RB Energy halts production
Instead of heading toward full production in early 2015 at its Quebec Lithium mine, 60 km north of Val-d’Or, Que., RB Energy (TSX: RBI; US-OTC: RBEIF) is headed for a restructuring.
US markets struggle, Oct. 6-10
The S&P 500 Index posted its biggest weekly decline since March 2012, as anxiety about weak global economic growth in Europe and China and concerns about the winding down of the U.S. Federal Reserve’s bond-purchasing program drove…
TSX sinks on global economic fears, Oct. 6-10
Canada’s main stock index posted its biggest loss in more than a year as investors fretted about the state of the global economy, despite robust employment data.
Silver miners under pressure to trim costs
A 24% year-on-year drop in the average annual silver price in 2013 to US$23.79 per oz. and an average price for the precious metal of US$19.71 per oz. in the third quarter of this year continues to put pressure on silver producers.
TSX Venture finishes deeper in the red, Oct. 6-10
The S&P/TSX Venture Composite took another tumble during the trading period, as it lost 6.31%, or 55.69 points, en route 827.13-point weekly close. Markets were impacted by falling energy futures after a dim outlook on oil demand growth…