Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 18, 2013 Precious MetalsPrice…
Articles by Northern Miner Staff
Colorado Resources suffers a discovery hangover at North ROK in BC
VANCOUVER — It is often difficult to maintain market momentum after a really strong discovery hole on a project. And Kelowna-based explorer Colorado Resources (CXO-V) found out just how trigger-happy investors can be when the company…
Integra Gold expands drill program at Lamaque
Integra Gold (ICG-V) is delaying the release of an updated resource estimate that was scheduled for later this month, not because it has fallen on hard times like so many other juniors these days, but because new results from its 2013 drill…
Rockgate and Mega to merge
VANCOUVER — Rockgate Capital (RGT-T) and Mega Uranium (MGA-T) are merging to create a uranium company with several advanced projects, early stage properties, a healthy treasury and a strong team of managers and directors.
Sabina raises funds for Back River’s exploration
Sabina Gold & Silver (SBB-T) is raising $20 million to keep the drills turning on its advanced-stage Back River gold project in Nunavut’s West Kitikmeot region, a move that has one analyst scratching his head.
Premier gathers momentum on grade
Many stocks within the junior gold sector are languishing, but Premier Gold Mines (PG-T) is showing there is still life for explorers that find the grade.
Commentary: Nothing to fear in Quebec’s proposed tax regime
Recently, mining operators and investors have been playing it safe in Quebec. No business wants to be in a situation where mining taxes become an intrinsic production cost that could jeopardize a project’s profitability.
SGS Minerals Services mounts West Coast expansion
VANCOUVER — It has not been the brightest 12 months for the Vancouver mining sector, but a piece of good news may have flown under the radar to start the year. In late February world-leading technical provider SGS Minerals Services held…
Toronto Stock Exchange, June 10-14
The Toronto Stock Exchange took a beating during the week, with the S&P/TSX Composite Index tumbling 186 points to 12,187.36, as worries resurfaced of the U.S. Federal Reserve tapering its bond-buying program.
Editorial: Dousing the Ring of Fire
One of the surprises of the year that in some ways isn’t such a big shocker is Cliffs Natural Resources’ announcement this past week that it is suspending work at its $3.3-billion Black Thor chromite project in northern…
Correction
In last week’s story “Selwyn’s boardroom battle hits fever pitch,” Benedict Cubitt was incorrectly identified as being with Resource Capital Funds, when in fact he is with Samara Capital. We apologize for the error.
Canadian Zinc gets some cash from Sandstorm
Capital may be scarce, but Canadian Zinc (CZN-T) has cut a deal that will inject US$10 million into its coffers.