Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, July 9, 2013 Precious MetalsPrice…
Articles by Northern Miner Staff
Long gold hits for GoldQuest in DR
VANCOUVER — Every batch of drill results from the Romero gold discovery at GoldQuest Mining’s (TSXV: GQC) Las Tres Palmas project in the Dominican Republic adds to a growing list of impressive intercepts. The latest batch was no…
Bellhaven drills into third porphyry at La Mina
VANCOUVER — Patience is paying off for Bellhaven Copper & Gold (TSXV: BHV).
Southern Arc proves up initial West Lombok resource
VANCOUVER – After more than 40,000 metres of drilling, Southern Arc Minerals (TSXV: SA) has calculated an initial resource for its West Lombok property in Indonesia that supports the company’s plan to develop a multi-pit gold mine at the…
Mega Uranium eyes JV with Cameco at Kintyre
VANCOUVER — It’s been a busy month on the deal front for Toronto-based junior Mega Uranium (TSX: MGA). In mid-June Mega announced a proposed merger with peer Rockgate Capital (TSX: RGT), which would create a cashed-up…
MagIndustries completes deals with Chinese contractors for African project
In the last few days, MagIndustries (TSX: MAA) has finalized agreements with two Chinese contractors to build its 1.2 million-tonne-per year Mengo potash project in the Republic of Congo.
Detour getting Detour Lake into game shape
Detour Gold (TSX: DGC) continues to whip its recently commissioned Detour Lake gold mine into shape.
BMO gives thumbs up to Continental Gold’s Buritica
“If grade is king,” Continental Gold’s (TSX: CNL) Buritica project in Colombia “is a grand prince,” Brian Quast of BMO Capital Markets writes in a research note.
Torex delivers the goods at Morelos
Torex Gold Resources (TSX: TXG) is proving that its Morelos gold-silver project in Mexico isn’t just about near-term production, but also exploration upside.
Continental pushes ahead at Buritica despite share price slide
VANCOUVER — The nine drills turning at Continental Gold’s (TSX: CNL) Buritica project in Colombia are returning high-grade gold-silver intercepts from within and outside the defined resource, positioning the project for a resource…
U.S. markets, July 1-5
U.S. markets were closed for the Independence Day holiday on July 4, but when they reopened on Friday, strong jobs data helped push the S&P 500 Index above its 50-day moving average for the first time since June 19. The employment numbers…
Osisko sheds light on mystery Mexican project
VANCOUVER — Last October, Osisko Mining (TSX: OSK) made a rather odd announcement. The Montreal-based, Eastern Canada-focused gold miner reported it had staked just shy of 10,000 sq. km in Mexico, but wouldn’t be telling anyone the…