Gold Canyon brings the good news on a dark day for markets
Gold Canyon Resources (GCU-V) found some light on an otherwise cloudy day for markets as it struck a significant amount of gold near Red Lake.
Articles by Northern Miner Staff
TSX and miners endure tough period
The PDAC effect – a boost to mining stocks which is said to follow the massive convention in Toronto — didn’t last long this year as miners fell with the rest of the market during a disappointing March 7-11 period. In all the TSX Composite…
Venture stumbles during Mar.7-11 trading period
Vancouver – The S&P-TSX Venture composite index tumbled 173.08 points in the Mar. 7-11 trading week to close at 2,266.75. Trading volumes remained strong, however, averaging 193 million shares daily, with 110 companies hitting 52-week highs…
U.S. equities down in Mar. 7-11 trading week
The annual convention of the Prospectors and Developers Association in Toronto might have ended on a high note with record attendance, but the same could not be said for U.S. equity markets during the Mar. 7-11 trading week. The Dow Jones…
Silvercorp rallies on audit findings
Silvercorp Metals (SVM-T, SVMN) looks to have been vindicated of fraud allegations in a forensic audit, leading to a sharp recovery in its share price.
Northern Tiger on the prowl
It’s the stuff of prospectors’ dreams: Climb up a hillside in a little-explored area and stumble upon enough visible gold to justify all those years of trudging around alone in the bush.
EurOmax reports gold resource in Bulgaria
In early February EurOmax Resources (EOX-V) released its first National Instrument 43-101 resource estimate on the Logo gold prospect at its 100%-owned Trun gold project in Bulgaria.
Sennen and North Arrow turn to Arctic gold
Sennen Resources (SN-V) is showing its faith in Arctic gold by cutting a deal with North Arrow Minerals (NAR-V) for a stake in its Hope Bay Oro gold project in Nunavut.
Candente works to advance and sell Canariaco Norte
Vancouver – Having sharply cut back operations during the global recession, Candente Copper (DNT-T) is coming back to life with a completed prefeasibility study, an updated resource and new financing.
Endeavour adds resources at Youga
In a bid to extend the lifespan of its Youga gold mine in Burkina Faso, which produced 82,400 oz. gold in 2010, West Africa-focused gold producer Endeavour Mining (EDV-T) is adding resources at three deposits within 3 km of the Youga plant.
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