TSX drops as gold declines, April 8-12
It was a bumpy ride for the resource-heavy TSX during the April 8–12 trading week as the price of gold tumbled.
Articles by Northern Miner Staff
U.S. equities remain in positive territory despite falling commodity prices, Apr. 8-12
U.S. equity indexes rose for four days in a row with the Dow Jones Industrial Average and the S&P 500 posting new closing highs on Thursday Apr. 11. Stocks were driven higher by several bright spots in the economy. The Labor Department…
Rainy River hits feasibility milestone
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as a “low risk and very high return project.”
Bears slam gold price
Gold bugs have been taking a beating of late, and it just seems to be going from bad to worse. The gold price entered official bear territory, falling more than 20% from its peak, crashing through the psychological barrier of US$1,500 per oz….
New milestone for OceanaGold
Earlier this week OceanaGold (OCG-T, OGC-A) declared that the first concentrate from its Didipio open-pit mine in the Philippines was en route to Japan.
B2Gold hits gold in new zone at developing Otjikoto mine
VANCOUVER – With its list of gold mines having just climbed from two to three following the takeover of CGA Mining and with a fourth mine under construction, B2Gold (BTO-T) expects to be churning out more than half a million ounces of…
Capstone reports mixed results
Capstone Mining’s (CS-T) first quarter operating results were a bit of a mixed bag.
Silver Wheaton suffers collateral damage from Pascua-Lama delay
It wasn’t just Barrick Gold (ABX-T, ABX-N) and its shareholders that took it on the chin yesterday after news that construction on the Chilean side of the Pascua-Lama project had been suspended in response to environmental and regulatory…
Sandspring strengthens economics of Toroparu mine
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous plan.
More trouble at Pascua Lama
Investors showed fatigue with complications at Barrick Gold’s (ABX-T, ABX-N) Pascua Lama project.
Transition Metals to acquire HTX Minerals
Geologist Scott McLean and geophysicist Keven Stevens set up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.
Hanlong reneges on Sundance deal
VANCOUVER –Mining companies and resource investors are going to have a tough time believing Hanlong Group if it tables another takeover offer. Twice the huge Chinese energy and resource company has offered to take over junior miners but…