Articles by Northern Miner Staff

TSX bounces back

After the storms came the sun as markets recovered, if only slightly, for the Aug. 22-26 period with the TSX Composite Index rising 92 points to finish at 12,327.51 points. With the improvement talk shifted to aspects of the economy that…


Paladin Energy raises more money for expansion

Paladin Energy (PDN-T) “remains the only significant public uranium producer without a strategic investor/alliance,” making the company “a very attractive takeover target,” Canaccord Wealth Management remarked in a note to clients this morning.


Venture edges down Aug. 22-26

Vancouver – The S&P TSX Venture composite index was fairly calm in the August 22 to 26 period, with the fluctuating gold price not translating directly to stock movements. Still, three days of losses outweighed two days of gains, leaving…


U.S. equities stronger, Aug. 22-26

U.S. stocks posted their first positive trading week in more than a month with the Dow Jones Industrial Average gaining 4.32% or 466.89 points to close at 11,284.54 and the S&P 500 index adding 53.27 points or 4.74% to finish at 1,174.80….


Drillers at work in the north end of the Taunis pit at Oro Mining's Trinidad gold project in Sinaloa, Mexico. Photo by Oro Mining

Oro Mining posts solid drill results

Before joining Oro Mining (OGR-V) as chief executive and chief operating officer, John Brownlie was president of Capital Gold, where he successfully brought the El Chanate open-pit gold mine into production and made it one of the most…


US Gold's El Gallo gold project in Sinaloa state, Mexico. Photo by US Gold

US Gold gets edge in Mexico with Faust

US Gold’s (UXG-T, UXG-N) El Gallo project in Sinaloa, Mexico, is often compared with Pan American Silver’s (PAA-T, PAAS-Q) Alamo Dorado deposit, now an operating silver mine 240 km to the north. 


A drill rig at Gold Canyon Resources' Springpole gold project in northwestern Ontario. Photo by Gold Canyon Resources

New starter pit at Gold Canyon’s Springpole?

Gold Canyon Resources (GCU-V) has pulled in more stellar drill results at its Springpole gold project, situated 110 km northeast of northwestern Ontario’s Red Lake gold camp. And this time they come from a less-heralded part of the property.


A tailings pond under construction in 2010 at Fortuna Silver's San Jose project in southern Mexico. Photo by Ian Bickis

Fortuna starts shipping concentrates

Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11% to $5.50 per share on news that the processing plant at its 100%-owned San Jose silver-gold mine in southern Mexico had begun producing silver-gold concentrate.


Pouring a dor bar at Timmins Gold's San Francisco gold mine. Photo by Timmins Gold

Timmins Gold sells more ounces

Timmins Gold (TMM-T) says it’s on track to produce more than 100,000 oz. gold from its flagship San Francisco mine in Mexico for fiscal year 2011.  



An aerial view looking south at AuRico Gold's El Chanate mine in Sonora state, Mexico. Photo by AuRico Gold

Rebranded AuRico Gold is in good shape

AuRico Gold (AUQ-T, AUQ-N) has had nothing short of a notable year so far, as the company continues to rebrand as a low-cost producer, now with three gold-silver mines in Mexico. 


Alan J. Hutchison

Commentary: Weighing Mexico’s security risks

Back in 2004 I attended an annual general meeting for a client that had acquired a gold-silver mine in Mexico. It was one of many Canadian juniors at the time who had managed to acquire small-scale mines with good expansion possibilities and,…


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