Copper Mountain a takeover target, CIBC says
Copper Mountain Mining (CUM-T) and its pure-play copper mine in British Columbia could become a takeover target, Matthew Gibson of CIBC argues in a new research report.
Articles by Northern Miner Staff
TSX slumps during Sept. 17-21 week
The S&P/TSX Composite Index was down 115.8 points during the Sept.17-21 trading week, as the enthusiasm waned over the recently announced stimulus packages from central banks in the U.S., Europe and China. The index ended at 12,383.60.
TSX Venture posts gains Sept. 17-21
VANCOUVER — The S&P TSX Venture Composite Index closed the week at 1,345.72, up 2.05% or 27.62 points. The index continued to grind out gains despite volatile commodity prices and macro-economic uncertainty surrounding the Euro…
Serra Pelada fully funded to production in 2013
Canaccord Genuity analyst Nicholas Campbell has raised his 12-month target price on Colossus Minerals (CSI-T, COLUF-O) by $1 to $10 per share after the junior exploration and development company signed an agreement with Sandstorm Gold (SSL-V,…
US equities dip slightly, Sept. 17-21
While the S&P 500 remained near highs not seen since December 2007 after the European Central Bank announced its bond-buying plan on Sept. 6 and the U.S. Federal Reserve followed a week later with a third round of quantitative…
Osisko fine-tunes Canadian Malartic
Osisko Mining (OSK-T) continues to improve the performance of its Canadian Malartic gold mine in Malartic, Que., achieving record production levels once again in August.
Temex moves up on Whitney resource news
Temex Resources’ shares (TME-V) got a healthy boost after the junior publishing its first resource estimate for the Upper Hallnor portion of its Whitney gold project in Timmins, Ont. Its shares moved up 12% to close Sept. 7 at 24¢ apiece,…
Northern Gold takes more land around Garrison
Northern Gold Mining (NGM-V) is adding to its hefty land position in northeastern Ontario.
Unfinished business at Prairie Creek
The paint dried over 30 years ago, but a “wet paint” sign still hangs on the metal railing that was erected to stop the uninitiated from falling into the crushing circuit below.
Victoria rules at Dublin Gulch in Yukon
It has been a three-year slog for Toronto-based Victoria Gold (VIT-V) at its wholly owned Dublin Gulch property 85 km from Mayo, Yukon, but the company is nearing the finish line to put its Eagle gold deposit into production by 2015.
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T, LSG-X) has completed a $90-million public offering to strengthen its balance sheet, which was previously in “bad shape,” Haywood Securities analyst Kerry Smith says.
Red Lake performance is a priority, Goldcorp says
Goldcorp’s (G-T, GG-N) difficulties in the first half of the year at its flagship Red Lake operations in northwestern Ontario — including adverse ground conditions in the High Grade zone, and lower-than-expected grades in other…