Goldcorp beats expectations during Q3
VANCOUVER — Vancouver-based major Goldcorp (G-T, GG-N) staged a big comeback in the third quarter after being plagued by a series of operational problems at its two largest mines during the first half of 2012.
Articles by Northern Miner Staff
Teck wobbles in the third quarter
Teck Resources (TCK.B-T, TCK-N) produced a record 99,000 tonnes of copper in the third quarter, up 29%-year-on-year, but lower commodity prices and sales volumes for its steelmaking coal sent the miner’s adjusted net earnings down to $349…
Lower production hurts Alacer Gold
Alacer Gold (ASR-T) found out just how finicky investors can be given the uneasy economic environment.
Commentary: Short-term exec optimism returns: MRG Survey
The following is an edited summary of findings from the Mining Recruitment Group’s latest executive survey, which was distributed during the first week of October and completed by 125 mining leaders.
Platinum Group thinking big on the Bushveld
VANCOUVER — With first phase construction well underway at Vancouver-based Platinum Group Metals (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is now pushing forward at its promising Waterberg…
PEA lifts Entre Gold, but Mongolian risk remains
Entrée Gold’s (ETG-T) shares rebounded after outlining encouraging economics at the Ann Manson copper-molybdenum porphyry deposit in Nevada, following a recent slump that the company attributed mostly to “current political…
Red Eagle gets the cash to push ahead
Red Eagle Mining (RD-V) now has some deep pocketed investors believing in its ability to fast track its Santa Rosa gold project in Colombia into production.
Frontier Rare Earths inks new deal with KORES
A little under a year ago, Korea’s government-owned mining and natural resources investment company signed a deal with Frontier Rare Earths (FRO-T) to take a 10% interest and get the rights to an equal percentage of future production from…
Batista chases Colombia’s California gold district
VANCOUVER — Brazil’s metals and energy tycoon Eike Batista has had his sights set on Colombia’s red-hot California gold district for well over a year. Batista’s EBX Group — through Canadian subsidiaries AUX Acquisition…
International Enexco keeps it simple
Mining investors often get caught up in the idea that the bigger the deposit the better the deposit.
TSX makes gains despite contradictory data
The TSX Composite Index shrugged off the uncertain economic climate and managed to gain 234 points, reaching 12,415.98 points for the Oct. 15-19 period. The Index was carried to greater heights on the back of stronger than expected quarterly…
Malaga plummets after stopping Pasto Bueno’s production
Malaga (MLG-T) lost a third of its value after temporarily suspending production at its Pasto Bueno tungsten plant in Peru, as it wrestled to keep down costs following a recent power outage at its underground operation.