Venture rises in Feb. 28 to March 4 period
Vancouver – Continued unrest in the Middle East and rising commodity prices helped the S&P-TSX Venture composite index up 64.21 points between Feb. 28 and March 1 to close at 2,439.83.
Articles by Northern Miner Staff
TSX up in Feb.28 to March 4 period after stumble
The TSX composite index rose 200.65 points in the Feb. 28 to March 4 period to recover from its late February dip and end at 14,252.77 points. The capped metals and mining index managed to gain 25.71 points to end at 1,463.86, its first period…
US markets steady in Feb.28 to March 4 period
U.S. equities failed to make up much ground in the Feb. 28 to March 4 period after losses the period before, but they also managed not to lose more ground as oil prices stayed high and mid-east instability continued. The S&P 500 eked out a…
Securities class actions hitting mining companies hard (March 07, 2011)
A disproportionate number of mining companies have been subject to securities class actions in recent years in Canada. Each action raises different facts and complaints about “misleading” disclosure. The impact on stock price and the resulting…
All eyes on M&A: PwC’s five deal trends to expect in 2011
The mining sector was thrust into the media spotlight in 2010 as the number of mining mergers and acquisitions (M&A) hit an all-time high. A new PricewaterhouseCoopers (PwC) report tracked 2,693 global mining M&A deals worth US$113…
Nyrstar’s meteoric rise as a miner
Born of two established metals companies as a pure smelting play in 2007, Brussels-listed Nyrstar has since grabbed a commanding position in the zinc supply chain with no signs of slowing down.
Pele Mountain adds REEs to the mix
When Pele Mountain Resources (GEM-V) completed a scoping study in 2007 on its Eco Ridge mine project in Elliot Lake, Ont., the company didn’t even bother to include the deposit’s rare earth elements as a byproduct of the project’s planned…
Medusa Mining delivers on promise (March 11, 2011)
Record gold production at low cash costs averaging US$186 per oz. contributed to a record net profit after-tax of US$58.1 million in the six months ended Dec. 31, 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.
Ivanhoe, Altynalmas boost resource at Bakyrchik
A 50% increase of indicated resources at the Bakyrchik gold deposit “bodes well” for the definitive feasibility study that is due by June, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.
Chile a copper cornucopia
Chile is already the world’s largest producer of copper and home to around a third of global reserves of the red metal. That has led some to suggest that the country’s exploration potential may have peaked. But that’s not what the latest…
Richmont tallies Wasamac resource
Since joining the ranks of gold producers in 1991, Richmont Mines (RIC-T, RIC-X) has produced more than 1.2 million oz. gold from its operations in Quebec, Ontario and Newfoundland, and by mid-year the company expects to add production from its…
Batero rises on long intercepts
Batero Gold (BAT-V) released the best drill results yet from its Batero-Quinchia gold project in Colombia and the news took the company’s shares for a wild ride.