Iron ore outlooks turn gloomy
VANCOUVER — Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RIO-N, RIO-L) recommendation from “neutral” to “sell.” The reason? More than 90% of the company’s 2012 earnings…
Articles by Northern Miner Staff
El Chanate writedown surprises AuRico shareholders
Despite a $127-million writedown of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn’t changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the…
Aurizon gets Casa Berardi back up and running
Operations at Aurizon Mines’ (ARZ-T, AZK-N) flagship Casa Berardi mine in Quebec are back to normal.
Endeavour works to win market favour
Endeavour Mining (EDV-T) has its own way of dealing with recent stingy market valuations for gold companies: the company puts its head down and digs.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, April 2, 2013 Precious MetalsPrice…
Grey Fox grows for Brigus
Brigus Gold (BRD-T, BRD-X) looks to have a bigger gold property on its hands than it anticipated.
Editorial: Whither gold?
Gold is a wonderful symbol of indestructible beauty, but all kinds of gold investment strategies have been going down in flames this year.
First Point and Cliffs envision a nickel mine at Decar
VANCOUVER — A preliminary economic assessment (PEA) for the Decar project in central B.C. estimates an open-pit mine at the site could produce nickel commercially for joint-venture owners First Point Minerals (FPX-T) and Cliffs Natural…
Midway gets key permit, pushes Pan closer to production
Midway Gold (MDW-V, MDW-X) is closer now to production than ever, with the Nevada state government handing the company the water pollution control permit needed for its Pan Gold project.
Toronto Stock Exchange, April 1 – 5
The TSX gave away what it gained for investors so far this year, as the S&P/TSX Composite Index dropped 420 points to close at 12,331.85 for the period.
Cost control drives Argonaut’s success
VANCOUVER — While many gold producers have been plagued by rising operating costs and shrinking profit margins, Reno-based producer Argonaut Gold (AR-T) has proven to be an exception to the norm. Though the company boosted year-on-year…
Mucho VMS for Atico in Colombia
VANCOUVER — In the midst of falling markets, Atico Mining (ATY-V) is bucking the trend with exciting drill results that keep adding to the junior’s share price momentum.