Banro shares plummet as CEO exits
Banro shares (BAA-T, BAA-X) slumped nearly 22% after the gold explorer announced the sudden departure of its president and CEO, Simon Village, after markets closed on March 6.
Articles by Northern Miner Staff
Rio Alto rises on La Arena drilling
VANCOUVER — With its La Arena gold mine having just completed its first year of commercial production, Rio Alto Mining (RIO-T) is finding time to probe some nearby exploration targets, and results from the first set of holes are promising.
U.S. Markets, March 11 – 15
The Dow Jones Industrial Average ended a 10-day winning streak, but eked out a 0.81% gain to close at 14,514.11, while the S&P 500 Index climbed 0.61% to finish at 1,560.70. Data showing growth in U.S. manufacturing and retail sales was…
TSX Venture Exchange, March 11 – 15
The S&P/TSX Venture Composite Index had an uneventful week, falling just 0.7 of a point, or 0.06%, before closing at 1,117.15. The index gained ground later in the week on the back of rising commodity prices and a strong jobs report in the…
Toronto Stock Exchange, March 11 – 15
The S&P/TSX Composite Index was down nearly 6 points to end the week at 12,830.03 points, thanks to a 1%, or 134-point decline, on March 13.
PDAC celebrates 2013 award winners
The Prospectors & Developers Association of Canada (PDAC) handed out its annual awards at a gala during its eighty-first annual convention in Toronto this month. Award recipients were honoured for outstanding contributions and excellence in…
Getting a social licence: not easy, but necessary
When more than 30,000 miners, investors and mining executives gathered at the Prospectors & Developers Association of Canada (PDAC) convention in Toronto earlier this month, there was lots of talk about the tough time they now have in…
Theories of devolution in NWT
The transfer of power from the federal government to the Northwest Territories government has been going on in stages for decades as the territory’s population and economic base has steadily grown and matured. With Yellowknife established…
Gold delay worries Barrick investors
Gold from Barrick Gold’s (ABX-T, ABX-N) recently baptized Pueblo Viejo mine is being held up by customs in the Dominican Republic, but it appears a resolution is at hand.
The secret to making money in junior resource stocks
Many investors think junior exploration companies are high-risk investments that are fraught with challenges, with little chance of success. While it is true that the odds are against a company finding a mine (less than one in 10,000, by some…
A better year ahead for iron ore, commodities: CRU’s Newman
Phil Newman, CEO of metals consultants CRU Strategies in London, kicked off the “commodities and market outlook” technical session that launched the Prospectors & Developers Association of Canada convention with a relatively…
Delving deeper into Colombia’s mining issues
Colombia is one of the world’s most enigmatic mining jurisdictions. There is no denying that the country’s lost “cocaine” years have left behind lots of unrivalled, prospective ground that is ripe for modern exploration….