Toronto Stock Exchange, July 22-26
The S&P/TSX Composite Index was down 65 points to 12,647.90 for the period, as it was weighed down by earnings misses and weaker base metal prices.
Articles by Northern Miner Staff
Gabriel remains hopeful at Rosia Montana
Gabriel Resources (TSX: GBU; US-OTC) may see a positive development at its delayed Rosia Montana gold-silver deposit in west-central Romania, as the government recently highlighted the asset in its new plan to attract foreign investment,…
TSX Venture Exchange, July 22-26
The S&P/TSX Venture Composite Index capped off a four-week rally during the trading sessions, jumping 4.9 points en route to its highest close since June at 925.29 points. The Venture remained in the green despite a general decline in…
Lake Shore Q2 earnings meet expectations
Highly anticipated second-quarter results are in, and Lake Shore Gold (TSX: LSG; NYSE-Arca: LSG) delivered.
Long hit stokes optimism at Cotabambas
VANCOUVER — A long copper-gold intercept suggests that the Ccalla deposit has more mineralization to offer Panoro Minerals (TSXV: PML; US-OTC: POROF), as the company gets set to update the resource estimate at its Cotabambas project in…
Can Diavik alumni hit the mark with North Arrow?
Since March, North Arrow Minerals (TSXV: NAR; US-OTC: NHAWF) has added six projects to its diamond exploration portfolio for a total of seven.
Letter to the editor: Land title issue overblown
Your recent articles on the New Prosperity project contain some significant errors concerning aboriginal rights and title and their potential effect on the federal review panel process.
Amerigo extends tailings deal until 2037
The El Teniente mine in the Chilean Andes has been producing copper since 1904, and Codelco believes the underground copper mine — the world’s largest, with more than 2,400 km of subterranean tunnels — has many more decades to…
Timmins Gold adjusts to lower metal prices
VANCOUVER — Timmins Gold (TSX: TMM; NYSE-Arca: TGD) is striving for operational stability at its San Francisco open-pit gold mine in Sonora state, Mexico. The company announced cost-saving measures in April 2012 and has shown consistent…
Goldcorp posts US$1.9B net loss in Q2
Goldcorp (TSX: G; NYSE: GG), the largest gold miner by market value, showed it’s not immune to the falling gold price.
U.S. markets, July 22-26
Better-than-expected corporate earnings and optimism that the U.S. Federal Reserve would keep interest rates low propped up U.S. equities, and the Dow Jones Industrial Average edged up 15.09 points, or 0.10%, to finish the week at 15,558.83,…
Newmont cashes out of Canadian Oil Sands
VANCOUVER — Newmont Mining (TSX: NMC, NYSE: NEM) has sold its stake in Canadian Oil Sands (TSX: COS; US-OTC: COSWF) to streamline its assets and reduce debt.