Northern Gold takes more land around Garrison
Northern Gold Mining (NGM-V) is adding to its hefty land position in northeastern Ontario.
Volume 98 Number 32 Sep 24 - 30, 2012
Metals, mning, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 18, 2012Precious MetalsPrice…
Market news
Toronto Stock Exchange
McEwen plots out El Gallo’s next growth stage
A feasibility study for phase two of McEwen Mining’s (MUX-T, MUX-N) expanding El Gallo mine supports production of an additional 5 million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico….
Great Basin’s great descent
Great Basin Gold (GBG-T, GBG-X) continues to tumble under a delisting review by the Toronto Stock Exchange, following the market response to the company suspending its Burnstone gold mine in South Africa.
Pretium cuts Brucejack resource
Shareholders of Pretium Resources(PVG-T, PVG-N) have seen the total resources at the company’s Brucejack gold-silver project in northern B.C. whittled down after it published a revised resource estimate for one of the project’s…
Commentary: ‘Dutch Disease’ diagnosis oversimplistic and wrong
The following is an edited excerpt of a speech on the so-called “Dutch Disease,” made by Mark Carney, governor of the Bank of Canada, at the Spruce Meadows Round Table in Calgary on Sept. 7, 2012. For the full speech, including charts and…
Commentary: The new SEC rules for disclosing payments
New measures requiring public disclosure by U.S. issuers of payments to governments for mineral exploration and development rights were announced on Aug. 22, 2012, by the U.S. Securities and Exchange Commission pursuant to the Dodd-Frank Act….
Editorial: MAC pitches transparency, free trade
For Mining Association of Canada (MAC) president and CEO Pierre Gratton, the future of the nation’s mining industry lies in clear-cut regulatory reform, and in cultivating global free-trade arrangements geared towards expediting the flow…
Red Lake performance is a priority, Goldcorp says
Goldcorp’s (G-T, GG-N) difficulties in the first half of the year at its flagship Red Lake operations in northwestern Ontario — including adverse ground conditions in the High Grade zone, and lower-than-expected grades in other…
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T, LSG-X) has completed a $90-million public offering to strengthen its balance sheet, which was previously in “bad shape,” Haywood Securities analyst Kerry Smith says.
Victoria rules at Dublin Gulch in Yukon
It has been a three-year slog for Toronto-based Victoria Gold (VIT-V) at its wholly owned Dublin Gulch property 85 km from Mayo, Yukon, but the company is nearing the finish line to put its Eagle gold deposit into production by 2015.