Positive metallurgical results for First Point’s Decar
Vancouver – Concept is slowly becoming reality at First Point Minerals’ (FPX-V) unusual nickel project in central British Columbia, with encouraging metallurgical results the latest boost.
Articles by Northern Miner Staff
Bayfield insiders sell as Rainy River area play overheats
Vancouver – A 400-metre by 800-metre claim block on the eastern side of Rainy River Resources (rr-t) flagship gold project in northwestern Ontario is causing a big commotion over at Bayfield Ventures (byv-v).
Romarco delays Haile mine opening by a year
Romarco Minerals (R-T) pushes the reopening of its past-producing Haile gold mine in South Carolina back by a year to complete an environmental impact statement (EIS).
Champion Minerals shares jump after shareholder rights plan
As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for Arcelor Mittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20% or 30¢ apiece on July 4 to close at $1.80.
Mawson West releases Kapulo feasibility study
Vancouver – Despite only listing on the TSX in March, Mawson West (MWE-T) has already released a feasibility study on the Kapulo target at its Dikulushi concessions thanks to previous work as an Australian-listed and unlisted company.
Venture ends almost even in June 27-30 period
Vancouver – A shortened June 27 to 30 trading period had the S&P TSX Venture Exchange Index swinging down almost 40 points in the first half before rebounding almost as much in the latter half and ending almost even, down just over a point…
TSX continues to climb
The TSX Composite Index continued to climb during the abbreviated June 27-30 trading week, posting four straight days of gains. The index moved up 391.98 points to 13,300.87, as commodity prices rose and the Greek parliament approved a second…
U.S. stocks rally, June 27-July 1
U.S. equities posted five straight days of gains during the June 27-July 1 trading week (the best weekly performance in two years) with the Dow Jones Industrial Average climbing 5.4% or 648.19 points to close at 12,582.77. The S&P 500 index…
Canadian gold mutual funds
Fund name June 27 June 20ChangeChangeYTDMER*Assets*
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Allana Potash grows resource at Dallol in Ethiopia
An updated resource estimate based on 40% of Allana Potash’s (AAA-V, ALLRF-O) licensed land in Ethiopia is better than the company expected.
Premier Gold takes out Hardrock JV partner
Ewan Downie’s Premier Gold Mines (PG-T) is taking full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it owns a 70% interest. The company will acquire the remaining 30% by taking over joint-venture-partner…