Toronto Stock Exchange, Dec. 2-6
The S&P/TSX Composite Index fell 113 points to 13,280.72 for the period, despite positive news from Canada’s neighbour to the south.
Articles by Northern Miner Staff
Atico steams ahead
Atico Mining (TSXV: ATY; US-OTC: ATCMF) became a producing mining company when it acquired 90% of the El Roble mine — the only producing copper mine in Colombia.
TSX Venture Exchange, Dec. 2-6
The S&P/TSX Venture Composite Index lost 2%, or 18.24 points, during the week before closing at 916.65. Markets finished in the red despite rising energy and metals futures, with promising jobs data out of Canada and the U.S. fuelling…
Guyana Goldfields starts building its Aurora gold mine
Guyana Goldfields (TSX: GUY) has started construction activities at its flagship Aurora gold project in Guyana, CEO Scott Caldwell said on a conference call yesterday.
Macusani hits PEA milestone in Peru
VANCOUVER — Toronto-based junior Macusani Yellowcake (TSXV: YEL) has moved one step closer to a production decision at its 900-sq.km uranium portfolio, which lies 180 km northwest of the city of Juliaca in southeastern Peru. On Dec….
Short Position Report
TSX Short Positions Short positions outstanding at Nov. 30/13 (with changes from Nov….
Editorial: Pot-ashen in Saskatchewan
December started off in a rather sombre way for Canadian mining, with former Prairie golden child Potash Corp. of Saskatchewan announcing deep and immediate cuts at its Canadian, U.S., and Trinidadian operations.
Highland Copper to acquire White Pine
Highland Copper (TSXV: HI; US-OTC: HDRSF) is expanding its footprint in northern Michigan with the acquisition of the White Pine copper project, 100 km southwest of its Keweenaw copper project.
Juniors weather storm in rough markets: PwC
It’s been a rough two years for junior mining companies globally, with a steep drop in commodity prices accompanying an uneven recovery in the world’s industrial economies, and a serious drop in investor confidence. Canadian miners…
Gold slide to continue in 2014?
VANCOUVER — Barring some kind of global economic disaster this month, 2013 will end with the gold price down markedly. It will be the first year-over-year decline for the yellow metal since 1997 — and many expect the trend to…
Tahoe builds on success
The Escobal silver project in Guatemala produced its first metals concentrate on Sept. 30, shipped its first concentrate to smelters on Oct. 15 and is on track to hit full production at the 3,500-tonne-per-day level by the first quarter of…
PotashCorp cuts workforce by 18%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is reducing its workforce by 18% amid soft crop-nutrient demand from developing markets.