Market News
TORONTO STOCK EXCHANGE
Articles by Northern Miner Staff
People
Allana Potash — Richard Kelertas appointed senior VP of corporate development.American Vanadium — Ron Espell appointed VP of environmental.Atico Mining — Fernando Ganoza appointed CEO.Augusta Resource — Raghunath…
RCMP investigates Cardero’s activities in Ghana
Despite promising early results from its Sheini iron ore project in Ghana, Cardero Resource (CDU-T) could be facing a few legal headaches.The Royal Canadian Mounted Police (RCMP) has launched an investigation into how Cardero won the…
Centerra drops as Kyrgyz gov’t reviews Kumtor
Centerra Gold (CG-T) plunged more than 30% on June 22, as the Kyrgyzstan parliament debated the fate of the company’s Kumtor gold project in the country while investors worried about the possibility of Centerra losing its mining…
Bolivian gov’t seizes Glencore’s Colquiri mine
The Bolivian government’s recent decision to nationalize Glencore International’s (GLEN-L)Colquiri lead-tin mine “will pose a number of serious questions relating to the government’s future policy towards foreign…
Facts ‘n’ figures: New global steel numbers
The following tables have been released by the World Steel Association as part of its World Steel in Figures 2012 report. For the full report, visit www.worldsteel.org.
Editorial: Fleece Navidad
At the halfway mark of the year, the political difficulties are starting to pile up for North American and European explorers and miners operating in several Latin American countries. But front and centre these days is Argentina, with its rich…
Semafo hits new gold zone in Niger
Taking the time to have a look through old data has led to a new discovery for Semafo (SMF-T). The Montreal-based, West Africa-focused miner found a new mineralized trend at Samira Hill in Niger after pouring over a patchwork of historical…
New Gold starts up New Afton in BC
New Gold (NGD-T, NGD-N) has brought a fourth mine online with the timely start-up of its New Afton gold-copper mine near Kamloops, B.C. The Vancouver-based producer says the first ore from the newly minted underground mine was processed…
Iamgold ‘not bailing’ on Ecuador: INV
Headlines in the mainstream media that Iamgold (IMT-T, IAG-N) is giving up on Ecuador are fundamentally incorrect, Candace MacGibbon, president and chief financial officer of junior explorer INV Metals (INV-T), tells The Northern Miner.INV…
MAG Silver sings Juanicipio’s praises
In a conference call on June 14, MAG Silver’s (MAG-T, MVG-X) president and CEO, Dan MacInnis, enthusiastically described the company’s Juanicipio polymetallic project in Mexico as “bulletproof” and “one of —…
Orbite to produce alumina, rare earths in 2013
Orbite Aluminae (ORT-T) has been busy proving that its patented technology to extract alumina from clay, bauxite and red mud — the residue left from traditional extraction processes — works on a large-scale. It plans to…