Silver Institute: Coin demand forces five major mints to restrict supply
The following is an edited summary report from the Washington D.C.-based Silver Institute. For more information please visit www.silverinstitute.org.
Articles by Northern Miner Staff
Caterpillar launches major restructuring
Heavy equipment manufacturer Caterpillar (NYSE: CAT) will transform how its mining, customer and dealer divisions operate with an eye toward increasing efficiency and customer satisfaction.
TSX Venture edges higher, Oct. 9-15
The S&P/TSX Venture Composite Index rose 1.8%, or 9.67 points, to close at 556.71 points, as gold prices gained 2%, or US$24, before closing at US$1,181.3 per oz. gold.
Short Position Report
Short positions outstanding at Oct. 15/15 (with changes from Sept. 30/15).
Suncor goes hostile on Canadian Oil Sands
VANCOUVER — Low crude oil prices have driven market valuations in the energy industry to historic lows, and Suncor Energy (TSX: SU; NYSE: SU) is hoping to take advantage of the downcycle with a hostile bid for Canadian Oil Sands…
National Mining Hall of Fame to induct five more
U.S. mining industry leaders TS Ary, Frank F Aplan, Ralph E Bailey, John Campbell Greenway and Edward Steidle will be inducted into the National Mining Hall of Fame at a banquet on Oct. 23, 2015, in Pittsburgh, Pa. Based in Leadville, Colo.,…
Site visit: Wellgreen eyes revival under new management
DESTRUCTION BAY, YUKON – Roughly 30 km southeast from the small settlement of Destruction Bay along the Alaska Highway, which traces the picturesque shores of Kluane Lake in southwestern Yukon, lies Wellgreen Platinum’s (TSX: WG;…
Golden Arrow may point to more ore for Silver Standard
Silver Standard Resources’ (TSX: SSO; NASDAQ: SSRI) Pirquitas silver mine in northern Argentina’s Jujuy province is 35 km from Golden Arrow Resources’ (TSXV: GRG) wholly owned Chinchillas silver-lead-zinc project, and the…
US stocks rise, Oct. 2-8
U.S. equities advanced, with the Dow Jones Industrial Average climbing 4.8% to 17,050.75. The S&P 500 Index advanced 4.7% to 2,103.43 for its highest level in seven weeks. The Nasdaq Composite jumped 4% to 4,810.79. The spot price for gold…
Scotiabank’s Mohr: Palladium ‘oversold’
Scotiabank economist and commodity specialist Patricia Mohr says palladium offers the greatest upside within the platinum group metals (PGMs) due to rising demand for car ownership in China and the central government’s wish to improve…
TNM Roundtable: Industry leaders debate new finance frontiers
Industry leaders weighed in on alternative financing at The Northern Miner’s roundtable discussion titled “New Frontiers in Mining Finance,” held in the offices of Newport Private Wealth in Toronto in early October. The…
Editorial: Navigating the new terrain of mine financing
In early October, The Northern Miner was privileged to play host to a roundtable discussion bringing together some of the heaviest hitters and nimblest minds on Bay and Howe streets to hash out the state of alternate finance methods in the…