LBMA works to replace London silver fix
It looks like the vacuum that would be left by the coming demise of the venerable London Silver Fix on August 14 will be quickly filled.
Articles by Northern Miner Staff
Pretium updates Brucejack feasibility
Pretium Resources’ (TSX: PVG; NYSE: PVG) revised feasibility study for its Brucejack gold–silver project in B.C. shows the deposit is economical, even at low gold prices.
Avala’s open-pit mine plan for Timok in Serbia
VANCOUVER — Serbia has received attention lately as an under-explored jurisdiction for copper porphyry targets, but for junior Avala Resources (TSXV: AVZ) the story is all about gold. To this end, the company has just tabled an…
TSX hits record high, June 16-20
Canada’s benchmark index gained for the third straight week. The S&P/TSX Composite Index climbed 107.36 points to finish the week at 15,108.97, before reaching an all-time closing high of 15,112.22 points a day earlier.
Augusta says yes to sweetened Hudbay takeover
VANCOUVER — After a drawn-out takeover battle that tested proposed new regulations on the tenure of shareholder rights plans in B.C., Augusta Resource (TSX: AZC; NYSE-MKT: AZC) has agreed to a sweetened takeover bid from Hudbay Minerals…
TSX Venture rises for third week, June 16-20
The S&P/TSX Venture Composite Index rallied for a third straight week during the June trading period, gaining 2.9%, or 29.04 points, en route to a 1,206.37-point close. Commodity futures were on the rise across the board, with escalating…
Lomiko aims to be a triple threat in the graphite market
VANCOUVER — It’s been a wild ride through commodities for explorer Lomiko Metals (TSXV: LMR; US-OTC: LMRMF) over the past five years. But president and CEO Paul Gill says the company is positioned to grow in the graphite space…
Guyana Goldfields fully funds Aurora
Guyana Goldfields (TSX: GUY) has secured financing to bring its Aurora gold project in Guyana into production by mid-2015. The good news came in the form of approvals by a group of lenders to provide US$185 million in debt financing to cover…
U.S. equities surge, June 16-20
The U.S. Federal Reserve’s latest suggestion that it would keep interest rates low seemed to outweigh concerns about the renewed turmoil in Iraq, sending the Dow Jones Industrial Average and the S&P 500 Index to record highs. The…
Steady hands whip Detour Lake into shape
COCHRANE, ONTARIO — When you look at the careers of Detour Gold’s (TSX: DGC) chief operating officer Pierre Beaudoin and president and CEO Paul Martin, it’s almost as if both men had been groomed for their task of bringing the…
June proves to be a golden month
The remarkable move upwards of gold prices in mid-June has gold investors catching their collective breath and walking with a little more spring in their step, as June draws to an end and gold prices firm up well north of US$1,300 per oz.
Probe Mines’ high-grade underground resource at Borden
Probe Mines (TSXV: PRB; US-OTC: PROBF) has published the first high-grade underground resource estimate for its Borden gold project, located on the outskirts of Chapleau, west of Timmins, Ont.