Barrick shelves Pascua-Lama
Barrick Gold (TSX: ABX; NYSE: ABX) has suspended construction at its controversial Pascua-Lama gold-silver project in Argentina and Chile, citing lower metal prices and regulatory and legal uncertainties.
Articles by Northern Miner Staff
Suncor, Total and Teck green-light $14B Fort Hills oilsands megaproject
Suncor Energy (TSX: SU; NYSE: SU) and its partners Total E&P Canada Ltd. (a subsidiary of Paris-based Total (NYSE: TOT) and Teck Resources (TSX: TCK.B; NYSE: TCK) are proceeding with the Fort Hills oilsands mine project in Alberta’s…
Capstone’s Minto keeps on growing
MINTO LANDING, YUKON — When the Minto mine started up in 2007 it was an open-pit copper-gold-silver operation with a projected four-year mine life and a 1,600-tonne-per-day throughput. But Sherwood Copper knew the potential at Minto was…
Brixton poised to solve geological puzzle at Thorn
ATLIN, B.C. — It’s been a tough time for juniors trying to fund grassroots exploration, but it helps when high-profile investors take notice and decide to support a project. And that’s been the case for…
Kaminak’s Coffee takes shape
DAWSON CITY, YUKON — Three years ago, the first hole drilled into Kaminak Gold’s (TSXV: KAM; US-OTC: KMKGF) Coffee project returned 17.1 grams gold per tonne over 15 metres. Two months later a slew of solid drill results had defined…
Commentary: The bear is losing its bite
We are only just entering the fourth quarter, though for anyone involved in the mining industry it has been a very long year already, as is reflected in the results of the Mining Recruitment Group’s Executive Q4 2013 Survey. This latest…
Silver Wheaton buys half of Constancia’s gold output
Silver Wheaton (TSX: SLW; NYSE: SLW) has inked a second offtake agreement on Hudbay Mineral’s (TSX: HBM; NYSE: HBM) Constancia polymetallic project in southern Peru: this time for its gold output.
Orezone issues paper for cash
Orezone Gold (TSX: ORE) has more money for its company coffers as it managed to raise another $5 million by issuing more equity.
Kirkland Lake sells Macassa royalty to Franco-Nevada
VANCOUVER — Royalty and metal streaming agreements have risen to prominence over the past few years, and Ontario-based Kirkland Lake Gold (TSX: KGI; LON: KGI) opted to get in on the action on Oct. 29, when it inked a royalty agreement…
Thompson Creek all smiles at Mount Milligan
PRINCE GEORGE, B.C. — Thirty years after prospector Richard Hanslinger discovered copper-gold mineralization in the hills north of Fort St. James in central B.C. and three years after Thompson Creek Metals (TSX: TCM; NYSE: TC) struck a…
TSX Venture Exchange, Oct. 21-25
The S&P/TSX Venture Composite Index jumped 2.4%, or 22.61 points, before closing out the period at 973.58. Precious-metal futures rose, while energy and base-metal prices remained relatively static. Markets were bolstered by strong earnings…
U.S. markets, Oct. 21-25
The Dow Jones Industrial Average climbed 170.63 points to 15,570.28, or 1.11%, and the S&P 500 rose 15.27 points to 1,759.77, or 0.88%. The Philadelphia Gold & Silver Index advanced 7.55 points to 99.72, or 8.19%.