Gabriel pushes forward at Rosia Montana gold project
Gabriel Resources (TSX: GBU) is intent on proving the naysayers wrong and the latest word out of Romania indicates it may well be on its way to doing just that.
Articles by Northern Miner Staff
Lundin has consolidation opportunities, Laurentian Bank says
Chris Chang of Laurentian Bank Securities has initiated coverage of Lundin Mining (TSX: LUN) with a buy rating and a target price of $5.50 per share and argues the company is well positioned to capitalize on the weak commodity price environment…
Feds flag funds for Yukon mining innovation centre
VANCOUVER — The federal government is hoping it can generate jobs and ease a skilled labour shortage in the Yukon’s mining industry with a $5.6-million investment that will fund the creation of a new Centre for Northern Innovation…
U.S. markets, Aug. 19-23
Poor housing data in the U.S. showed sales of new single-family homes fell in July to a nine-month low, which fuelled debate over the status of the Federal Reserve’s stimulus program. Mounting tension over Syria created more uncertainty….
Golden assays keep True Gold’s drills turning at Karma
VANCOUVER — With promising drill results and money in the bank, True Gold Mining (TSXV: TGM; US-OTC: RVREF) keeps adding to the drill program at its Karma project in Burkina Faso.
TSX Venture Exchange, Aug. 19-23
The S&P/TSX Venture Composite Index overcame a slow start to register its second consecutive weekly gain during the trading period, finishing up 6.33 points en route to a 946.56-point close. Stronger commodity prices continue to drive…
Investment commentary: Searching for value amidst a wave of writedowns, pt. 2
Last week we looked at an opportunity that may have opened up with the recent writedowns taken by senior gold producers.
Alpha rebuffs Fission’s $170M offer
VANCOUVER — After almost ending up a neglected project on Denison Mines’ (TSX: DML; NYSE-MKT: DNN) shelf, a 50% stake in the Patterson Lake South (PLS) uranium project has sparked a $170-million takeover.
Iamgold marches forward as cost cuts continue
Despite posting a second-quarter loss of US$28.4 million compared to a US$52.9-million profit a year ago, Iamgold (TSX: IMG; NYSE: IAG) says its operations are performing as expected, as it reins in spending amid declining quarterly revenues,…
Editorial: Gold’s time to shine
Breathe a sigh of relief: Gold’s up over US$1,400 an ounce again … at least for now.
Excellon hurt by lower silver prices
Excellon Resources (TSX: EXN; US-OTC: EXLLF) is another junior miner hit by the recent downward trend in metal prices. It booked a second-quarter net loss of $5 million, or 9¢ per share, compared to a $478,000 profit, or 1¢ per share,…
Commentary: Executive compensation and M&A: How not to get burned in a fire sale
Rising costs, lower prices and market skepticism led to a decrease in mergers and acquisition (M&A) activity throughout the mining sector. However, as I pointed out in my previous article, “Executive compensation and M&A:…