Northland gets its engines started
Northland Resources (NAU-T) has been given the green light to get the big trucks rolling and that should mean that Sweden’s next iron mine is only weeks away from entering production.
Articles by Northern Miner Staff
TSX Venture stumbles, Oct. 22-26
VANCOUVER — The S&P TSX Venture Composite Index dropped 14.78 points or 1.1% during the Oct. 22-26 trading sessions before closing the week at 1,300.84 points.
Eldorado battles Q3 costs in China
Eldorado Gold (ELD-T, EGO-N) forecasts gold production this year from its operating mines in China, Turkey, Greece and Brazil will reach 660,000 ounces at cash operating costs of US$465 per oz.
TSX ends flat during Oct. 22-26 week
Toronto’s resource-heavy index had a lacklustre Oct. 22-26 trading week, where upbeat economic data from the U.S. failed to propel the markets.
U.S. equity markets tank, Oct. 22-26
GDP growth in the U.S. increased at an annual rate of 2% in the third quarter, up from 1.3% in the second quarter, but earnings disappointments from a slew of U.S. multinational companies, including Apple, and worries about slowing…
Editorial: Think globally, exploit locally
Canadians are widely known as some of the best miners in the world, and the Chinese as some of the worst. Just how bad? Since the turn of the millennium, more than 50,000 miners have been killed in China’s coal mines — easily the…
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.
Canada Lithium to kick off production in 2013
Canada Lithium (CLQ-T) has raised its game with an updated feasibility study for its Quebec Lithium mine, showing the project is on track to start producing in 2013 and rake in better returns, triggering analysts to lift their price…
American Vanadium’s evolution fuelled by technology gains
Just under two years ago, Vancouver-based American Vanadium (AVC-V) envisioned itself as a specialty-metals miner. The company had planned to put its 100%-owned Gibellini vanadium deposit situated 400 km east of Reno in central Nevada into…
Malaga plummets after production halt
Malaga (MLG-T) shares lost a third of their value after the company suspended production at its Pasto Bueno tungsten plant in Peru, as it wrestles to keep costs down following a recent power outage at its underground operation.
Corrections
In the article “Soltoro picks low-hanging fruit in Jalisco” (T.N.M., Oct. 22–28/12,) an investor was incorrectly identified as Soltoro’s vice-president of exploration in the photo caption on page 12.
Beaufield proves Chinese firms still interested in iron ore
The connection between slower growth in China and slumping commodity prices has been highlighted in the financial press over the last few months — but there are contrary signs to be found by astute investors.