The Wrath of the Writedown
VANCOUVER – The mining sector has seen more than its fair share of writedowns of late.
Articles by Northern Miner Staff
Guyana could offer golden upside for frontier explorers
VANCOUVER — Though the last commercial-scale gold mining operation in the small Caribbean nation of Guyana closed its doors in 2005, the country’s intriguing geology and artisanal mining history continue to beckon Toronto-listed explorers…
San Miguel begs to be built, Paramount says
It has taken eight years but Paramount Gold and Silver Corp. (PZG-T, PZG-N) chief executive Christopher Crupi says the company’s San Miguel project in northern Mexico, about 300 km southeast of Hermosillo, has been well worth the wait.
Sherritt reports loss but boosts dividend on back of Ambatovy
Sherritt International (S-T) had to shoulder some of the same industry wide hardships as lower commodity prices and higher costs, but the company signaled its bullishness for the future by increasing its dividend despite reporting a fourth…
Reader notice: TNM now available on iPads and iPhones
Great news for our readers who are Apple aficionados: we’re rolling out our weekly edition to appear on iPads and iPhones.
Silvercrest continues to beef up Santa Elena
Three important bits of information came out of Silvercrest Mines (SVL-T, SVLC-X) latest drill results from its Santa Elena project in Mexico.
Columbus bulks up gold resources at Paul Isnard
Columbus Gold (CGT-V) recently updated the inferred resource estimate for its wholly owned Paul Isnard gold project in northwestern French Guiana, with ounces growing 184% from before.
Guyana Goldfields’ Aurora project turns heads
Guyana Goldfields (GUY-T) has been on something of a tear since January after it revised, and vastly improved, a prefeasibility study of its Aurora project.
Esperanza inks major deal with Pan American Silver
VANCOUVER – In one fell swoop, Esperanza Resources (EPZ-V) has gained three advanced-stage gold projects, $35 million in funding, and a new major shareholder in a deal with Pan American Silver (PAA-T) that vaults the junior ahead in its…
Commentary: Watch out for the activist shareholder!
Last year was a busy one in Canada with respect to shareholder activism. There were high-profile proxy battles, such as those at TELUS and Canadian Pacific Railway, as well as several lower profile ones in the junior mining sector. These…
Editorial: Gold’s mixed signals
The fickle nature of the gold market was on show in late February, as Wall Street powerhouse Goldman Sachs dramatically revised downward its 2013 gold price forecast on Feb. 25 to US$1,600 per oz. from US$1,810 per oz., citing the recent drop…
Commentary: Capital cost overruns, pt. III: Where are the owners in all this?
Mining has always been a risky but high-reward industry. But times have certainly changed: today, shareholders tend to ignore the high risks, and expect grandiose success regardless. But despite the risk that won’t go away, shareholders…