Coeur’s revamp
Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.
Articles by Northern Miner Staff
TSX Venture Exchange, May 6-10
The S&P/TSX Venture Composite Index treaded water during the trading period despite a rally across North American stock markets. The Venture gained 0.2%, or 2.05 points, en route to a 966.73-point close, as commodity prices stayed soft and…
Editorial: BC Liberal win leaves miners absolutely ecstatic
The B.C. mining community’s heartbreak over the early exit of the Vancouver Canucks from the Stanley Cup playoffs (so fast, fans didn’t even have time to loot the downtown core) has been soothed by the surprise majority win of the…
Kinross improves with a strong first quarter
VANCOUVER — Things are looking up for Kinross Gold (K-T, KGC-N) — financially, at least. The company delivered strong results for its third straight quarter, with profits jumping 50% year-on-year alongside rising production and…
Centamin comments on advisory report ahead of appeal hearing
Centamin (CEE-T, CEY-L) fell 18% after it updated the market on its legal troubles surrounding its Sukari gold mine in Egypt’s Eastern Desert.
Pueblo Viejo partners to give DR gov’t more money, and sooner
VANCOUVER — After putting four years and $3.7 billion into developing a massive gold mine that is expected to produce 1 million oz. gold annually during the first five years of its 25-year lifespan, it’s little surprise that the…
U.S. markets, May 6-10
U.S. stocks performed well during the trading session, marking three weeks of gains.
Consistent gold hits for Red Eagle in Colombia
VANCOUVER — The Santa Rosa gold project in Colombia is producing promising intercepts even as owner Red Eagle Mining (RD-V) updates the project’s gold tally and wraps up a first-pass economic assessment.
Belo Sun drops on Volta Grande’s prefeasibility study
Shares of Belo Sun Mining (BSX-T) fell after the company released a prefeasibility study on its 100%-owned Volta Grande gold project in Para State, Brazil, after markets closed on May 6.
Glencore Xstrata boosts Hackett River, looks to get lean
The recently merged Glencore Xstrata (GLEN-L) plans to have a leaner corporate structure, but its first resource estimate shows it will still be hefty in terms of minerals in the ground. And while the new company will be mostly guided…
Thompson Creek sees its future in copper and gold
Thompson Creek Metals (TCM-T, TC-N) is a go-to name in the molybdenum space, largely thanks to its namesake mine, which is the fourth-largest moly mine in the world.
Toronto Stock Exchange, May 6-10
The equity bull run was back on for the period, as the S&P/TSX Composite Index rose 109 points to 12,589.09.