Northern Gold takes it small to go big
TIMMINS, ONT. — Greg Gibson is all about the big score, even if he has to take small steps to get there.
News
Northern Freegold advances flagship project with initial economic assessment
VANCOUVER – Less than four years after establishing an initial resource at its Freegold Mountain project in the Yukon, Northern Freegold Resources (NFR-V) has a positive preliminary economic analysis (PEA) for the project.
Uranerz set to benefit from uranium upswing
VANCOUVER — Uranium juniors have had a tough time over the past two years, but Wyoming-focused developer Uranez Energy (URZ-T, URZ-X) looks poised to capitalize on a recent uptick in the nuclear market with an enviable land position in…
Tough times for drillers in 1H 2013
Delays to the start-up of drill programs will translate into a weak first half of 2013 for drilling companies, CIBC analysts forecast in a new report.
Victoria moves closer to Eagle Gold construction
Victoria Gold’s (VIT-V) goal of turning its Eagle Gold project into the Yukon’s next gold mine moved closer to realization.
[Update] Coeur outbids First Majestic for Orko
Coeur d’Alene Mines (CDM-T, CDE-N) has trumped First Majestic Silver (FR-T, AG-N) in a contest to acquire Orko Silver (OK-V) for its coveted La Preciosa project, ranked as one of the world’s largest undeveloped silver deposits.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, February 19, 2013Precious MetalsPrice…
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index was off 103 points to 12,686.63 for the period, as market activity unfolded in anticipation of a G20 meeting addressing the emerging theme of “currency wars” — where one country after another…
Market news: TSX Venture Exchange
The S&P/TSX Venture Composite Index lost 1.7%, or 20.16 points, en route to a 1,185.65-point close. Canadian stocks were weighed down by falling commodity prices, and further economic uncertainty in Europe.
Market news: U.S. Markets
The S&P 500 Index rose for the seventh straight week with a small gain of 0.12% to 1,519.79. The last time the index enjoyed a seven-week run was between December 2010 and January 2011. The other indexes didn’t fare as well, however,…
Sona gets Chinese help for Blackdome-Elizabeth in BC
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of B.C., 220 km north of…
Oyu Tolgoi’s feasibility study delayed
Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market with good and bad news about its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert.