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…
Market news
Toronto Stock Exchange
Inside Friedland’s massive Ivanplats prospectus
Mining magnate Robert Friedland looks poised to take the market by storm yet again, with an aggressive portfolio of advanced-stage base and precious metal properties in Africa underpinning an initial public offering (IPO) for Ivanplats (IVP-T),…
Metals, mining, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 23, 2012Precious MetalsPrice…
Batista chases gold in Colombia’s California
Brazilian metals and energy tycoon Eike Batista has had his sights set on Colombia’s red-hot California gold district for well over a year. In February 2011, Batista’s EBX Group — through Canadian subsidiaries AUX — paid…
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.
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.
ATAC finds more Carlin-style mineralization
ATAC Resources (ATC-V) says it has discovered a third area with Carlin-type gold mineralization at its Pharaoh target in the Yukon. This find is the junior’s second gold discovery this year.