Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, April 29 2014Precious MetalsPrice…
Articles by Northern Miner Staff
Editorial: Barrick-Newmont fling ends in acrimony
It’s gotta rank right up with the worst “first dates” in recent mining history: the proposed merger between gold titans Barrick Gold and Newmont Mining broke off a week after it was made public through media reports in April, and then…
Nautilus settles dispute with PNG government
VANCOUVER — Shares of Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) have been on the rise following an agreement with the Papua New Guinean (PNG) government that allows for the mining of the company’s Solwara 1 undersea…
Ontario gov’t reignites Ring of Fire with $1B pledge, First Nations agreements
VANCOUVER — The Ontario government is offering up $1 billion to build a transportation corridor into the Ring of Fire camp in remote northern Ontario, and the funds are the latest in a series of government moves to restore interest in an…
TSX Venture hits four-week high, April 21-25
The S&P/TSX Venture Composite Index managed a 1.5% — or 14.82-point gain — during the trading sessions before closing at a four-week high of 1,013.59 points. Gains were underpinned by rising precious and base-metal prices…
TSX moves up, April 21-25
Canada’s benchmark index gained during the week despite rising tensions in Ukraine, with the S&P/TSX Composite Index moving up 33 points to 14,533.57.
U.S. equities down, April 21-25
The crisis in Ukraine, where five pro-Moscow rebels were killed on April 24, weighed on U.S. stocks during the trading week. The Dow Jones Industrial Average dropped 0.29% to 16,361.46, while the S&P 500 Index remained more or less…
Actlabs opens $20M facility, gears up for growth
ANCASTER, ONT. — Actlabs — Canada’s largest family owned laboratory — has opened its 200,000-square-foot global headquarters in Ancaster, Ont., to streamline its growing business.
Anfield sells Mayaniquel to Cunico
VANCOUVER — Despite a resurgence in nickel prices — which hit a 14-month high on April 18 — it looked like junior Anfield Nickel (TSXV: ANF; US-OTC: ANCKF) was going to have trouble footing the US$950-million development…
Revolution turns to Red Mountain in BC
VANCOUVER — For Revolution Resources (TSX: RV) president and CEO Robert McLeod, the company’s recent acquisition of the Red Mountain gold property in northwestern B.C. is a lot like coming home.
More high-grade prompts Pilot Gold to expand Kinsley
Results from infill and step-out drilling at the Western Flank target of Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) majority owned Kinsley Mountain project in Nevada continue to yield high-grade intercepts, sending the company’s share…
Uranium Energy’s Slick Rock needs U3O8 rebound to fly
Corpus Christi, Texas-based Uranium Energy (NYSE-MKT: UEC) has completed a promising preliminary economic assessment (PEA) on its Slick Rock uranium–vanadium deposit, which is one of its many projects in Colorado.