Equity-royalty deal lands True Gold a cool $23.5M
VANCOUVER — Money may be tight right now, but True Gold Mining (TSXV: TGM) is demonstrating that there is funding available for companies with advanced projects that are willing to be a bit creative.
Articles by Northern Miner Staff
MBAC Fertilizer’s production milestone
MBAC Fertilizer (TSX: MBC; US-OTC: MBCFF) has started producing single super phosphate (SSP) powder at its Itafos Arraias project in central-northern Brazil — an area the government is calling the country’s new agricultural frontier.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, July 23, 2013 Precious MetalsPrice…
Brigus’ Grey Fox scores a higher grade
VANCOUVER — Halifax-based producer Brigus Gold (TSX: BRD; NYSE-Amex: BRD) is expanding the footprint of its Grey Fox gold discovery in northern Ontario, with an updated resource estimate on July 3 pointing to potential for underground…
Editorial: Prosperity’s temerity
I visited Taseko Mines’ Gibraltar mine north of Williams Lake, B.C., in 2008. The company bought the shuttered operation in 1998 and restarted it in 2004. Four expansions later, Gibraltar now employs 700 people, churns out 90 million lb….
EMED aims to lock down Rio Tinto production target
VANCOUVER — It has been a lengthy process for junior EMED Mining (TSX: EMD; LSE: EMED) at the historic Rio Tinto copper mine, 65 km northwest of Seville, Spain. The company has dealt with permitting delays and volatile copper prices, but…
First Majestic’s ‘bittersweet’ second quarter
VANCOUVER — Based on pure production metrics, First Majestic Silver (TSX: FR; NYSE: AG) has a lot to celebrate about its second quarter. But the significant drop in silver prices during the period put a damper on the miner’s…
Roxgold cuts high grades at Bagassi South target
VANCOUVER — Roxgold (TSXV: ROG; US-OTC: ROGFF) is cutting strong gold grades at its wholly owned Yaramoko gold project, 200 km southwest from Burkina Faso’s capital city of Ouagadougou. The Vancouver-based explorer is set to release…
La Preciosa PEA provides no relief for Coeur’s share price
VANCOUVER — Coeur Mining (TSX: CDM; NYSE: CDE) has completed a preliminary economic assessment (PEA) of its La Preciosa silver mine project in Mexico. However, any future development likely hinges on whether Coeur can improve…
Barclays: Hard landing in China unavoidable as stimulus deemed unsustainable
In a recent issue of Commodities Weekly, China economists at Barclays argue that slowing growth, waning business confidence and a recent tightening in liquidity conditions have increased the risk of a hard landing in China.
TSX Venture Exchange, July 15-19
The S&P/TSX Venture Composite Index capped off a month-long rally with big gains during the trading period, jumping 2.5%, or 21.97 points, en route to a seven-week high of 920.39 points to end the week. Gains were underpinned by surging…
Stornoway gets the go-ahead at Renard
Stornoway Diamond (TSX: SWY; US-OTC: SWYDF) has received a positive environmental assessment decision from the Canadian government, being the last major permit the company needs to build its flagship Renard diamond mine in Quebec.