Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 3, 2013 Precious MetalsPrice…
Articles by Northern Miner Staff
Eldorado sees promising exploration results
Eldorado Gold (TSX: ELD; NYSE: EGO) has been keeping busy, with 106,500 metres drilled so far this year at its mine sites and exploration targets in China, Turkey, Brazil, Romania and Greece.
U.S. markets, Sept. 3-6
Jobs data in the U.S. showing that employers hired fewer workers than expected in August and that fewer Americans were looking for work raised hopes that the Federal Reserve would not trim its massive stimulus program when it meets on Sept. 17,…
Commentary: Executive compensation and M&A: When you’re the buyer
Rising costs, lower prices and market skepticism have led to a decrease in mergers and acquisitions (M&A) throughout the mining sector, but economic circumstances may force a number of mining companies to sell off their companies and/or…
TSX Venture Exchange, Sept. 3-6
The S&P/TSX Venture Composite Index returned to positive territory during the shortened trading week. It registered a gain of 1.7%, or 15.6 points, and closed at 954.92 points — its highest valuation since early July. Markets…
North American Nickel sees good signs at Maniitsoq
VANCOUVER — The 4,800 sq. km Maniitsoq nickel-sulphide project in southwest Greenland may seem like a large-scale play for a junior, but that ambition may pay off for Vancouver-based North American Nickel (TSXV: NAN; US-OTC: WSCRF).
Bear Creek nears permitting milestone at Corani
VANCOUVER — It has been a two-year journey for Peruvian-focused junior Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) and its flagship, wholly owned Corani silver-lead-zinc project, located 160 km southeast of Cusco. But after concluding…
The Abitibi belt keeps giving
VANCOUVER — Only a true world-class gold camp reveals new ounces when a sector-wide downturn has quieted so many drills. As such, two estimates offering resource ounces is a good reminder that the Abitibi greenstone belt is one such camp.
Toronto Stock Exchange, Sept. 3-6
The S&P/TSX Composite Index was up 24 points to 12,820.92 for the holiday-shortened period, as the resource sector held on to recent gains.
Sierra Metals goes deeper at Yauricocha
Sierra Metals’ (TSX: SMT; TSXV: SMT; US-OTC: DBEXF) claim that its underground Yauricocha silver-copper-lead-zinc-gold mine in Peru has plenty more to give at deeper depths is proving correct.
Energy Fuels aims to be a force in US uranium
Uranium miner Energy Fuels (TSX: EFR; NASDAQ: CLNE) has provided a market update after acquiring Strathmore Minerals by way of a plan of arrangement — a move that shareholders of both companies applauded.
Resource estimate lifts Roxgold
Shares of Roxgold (TSXV: ROG; US-OTC: ROGFF) took flight after the junior increased the indicated resource for the 55 zone gold deposit on its Yaramoko exploration permit in Burkina Faso by 143%, where the company expects to complete a…