Market news: U.S. Markets
U.S. stocks ended the trading week in the red, as expectations that a deal would be made to avoid the fiscal cliff temporarily wavered.
Articles by Northern Miner Staff
Premier delivers 7.8M oz. Trans-Canada gold resource
Premier Gold Mines (PG-T) has completed a much-anticipated resource estimate on the Trans-Canada project in the Beardmore-Geraldton greenstone belt. The resource estimate represents the first consolidated results of the four gold deposits…
Rubicon prepares to defend Phoenix in court
The Wabauskang First Nation is getting more forceful in opposing Rubicon Minerals (RMX-T, RBY-X) and its Phoenix gold project in Red Lake, Ont.
Canada Lithium starts mine commissioning
Canada Lithium (CLQ-T) is commissioning the open pit and processing plant at its Quebec Lithium mine near Val-d’Or, Que., with first production of spodumene concentrate expected shortly, followed by lithium carbonate output early this…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankWednesday, January 2, 2013Precious MetalsPrice…
EMED perseveres at Rio Tinto in Spain
The Rio Tinto copper mine in southwest Spain has been mined for thousands of years, and modernizing it might be a challenge.
Cash-rich AuRico to buy back shares
AuRico Gold (AUQ-T, AUQ-N) is flush with US$750 million in cash after selling Minera Frisco (MSNFY-O) its Ocampo mine and adjacent exploration projects, Venus and Los Jarros, in Mexico’s Chihuahua state, as well as its 50% interest in…
South American Silver invests closer to home
After taking a bruising in Bolivia earlier this year when the government revoked its Malku Khota concession, South American Silver (SAC-T, SOHAF-O) is sticking a little closer to home.
Will 2013 be the year of the dividend?
While some companies have ditched their chief executives lately the trend does not signal a change in management practice or the reluctance to pay a dividend, Christopher Ecclestone of Hallgarten & Co. argues.
BMO takes a fresh look at single asset miners
BMO Capital Markets research team is shaking things up heading into the New Year.
Rubicon prepares to defend Phoenix in court
The Wabauskang First Nation (WFN) is coming after Rubicon Minerals (RMX-T, RBY-N) in a bid to get the government to listen.
Groia ground down but defiant after Felderhof’s Bre-X trial
Early in 2012, the Law Society of Upper Canada convicted Toronto securities lawyer Joe Groia of “incivility” during his defense of John Felderhof against quasi-criminal charges laid by the Ontario Securities Commission of insider…