Detour expects lower 2014 cash costs
Detour Gold (TSX: DGC; US-OTC: DRGDF) estimates production this year to double and cash costs to improve at its Detour Lake gold mine in northeastern Ontario.
Articles by Northern Miner Staff
Carpathian’s RDM mine remains closed, CEO resigns
Shares of Carpathian Gold (TSX: CPN; US-OTC: CPNFF) sank 22% to 7¢ apiece after the Toronto-based miner shuffled its management, including axing its CEO, weeks after it was forced to shutter its newly producing Riacho dos Machados…
Pilot Gold uncovers porphyry potential at TV Tower
VANCOUVER — With a 4,900-metre, four-month drill program, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has transformed the potential at its TV Tower project in Turkey from an interesting oxide gold target to a possible porphyry district.
Sherritt’s Ambatovy reaches commercial production
Fifteen months after Sherritt International (TSX: S; US-OTC: SHERF) and its partners first started shipping nickel and cobalt of commercial quality from the massive Ambatovy mine, the nickel–laterite operation in Madagascar has reached…
Barrick sells another asset in Australia
Barrick Gold (TSX: ABX; NYSE:ABX) is peeling back its presence in Australia, as it prepares to take another hit on its balance sheet due to Pascua-Lama.
Graphite One boosts Alaskan graphite resource
VANCOUVER — With just 28 drill holes, Graphite One Resources (TSXV: GPH; US-OTC: GPHOF) has defined the largest known high-grade flake graphite deposit in North America.
McEwen Mining gets the go-ahead for El Gallo 2
Regulatory authorities in Mexico have given the green light to McEwen Mining (TSX: MUX; NYSE: MUX) to build and operate El Gallo 2 — part of the company’s larger El Gallo silver–gold mining complex in the foothills of the…
Black Iron advances Ukraine iron-ore project
January was a productive month for Black Iron (TSX: BKI; US-OTC: BKIRF), which updated its bankable feasibility study and signed a rail agreement using Ukraine’s rail network to move 20 million tonnes of iron ore per year from its…
Premier wraps up pair of PEAs for Trans-Canada
North America-focused explorer Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has released dual preliminary economic assessments of its 100%-owned Hardrock and Brookbank gold deposits, which make up part of its Trans-Canada project in…
Correction
The item “2014 PDAC Awards” on page B20 of the PDAC preconvention supplement (T.N.M., Jan. 20–26/14 and Jan. 20–Feb. 2/14) included two spelling errors in the identification of the Skookum Jim Award winner: Jim MacLeod,…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 28, 2014Precious MetalsPrice…
Editorial: Falling loonie resets expectations
The free fall of the Canadian dollar, which has only accelerated in 2014, undoubtedly has the CFOs of Canada’s mining companies breaking out the spreadsheets and tallying up the pluses and minuses of the new, low-loonie environment.