TSX moves up, Sept.14-18
Canada’s benchmark index gained ground during the week, adding 185.33 points, or 1.4%, to close at 13,646.80 points, as investors took in the U.S. Federal Reserve’s decision to keep interest rates near zero.
Articles by Northern Miner Staff
Agnico Eagle has 10 rigs turning at El Barqueo
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says the El Barqueno gold project in Mexico could become a heap-leach operation similar to its La India gold mine and the stand-alone Creston Mascota pit, near its Pinos Altos gold mine.
Randgold, AngloGold to revive Obuasi
In what would become their third partnership in a decade, Randgold Resources (LSE: RRS; NASDAQ: GOLD) and AngloGold Ashanti (NYSE: AU) have signed an investment agreement to consider setting up a joint venture that would redevelop and operate…
Pretium lands US$540M to build Brucejack
VANCOUVER — Pretium Resources (TSX: PVG; NYSE: PVG) is proving that struggling equity markets and global economic woes can’t keep a good project down. On Sept. 15 the company announced terms for a US$540-million…
Sawiris-backed La Mancha to acquire 30% of Endeavour Mining
La Mancha, a privately held investment company controlled by the family of Egyptian billionaire Naguib Sawiris — who earlier this month tweeted that he wants to buy an island in Europe to provide a home for refugees fleeing war-torn Syria…
Facts ‘n’ figures – Roskill: Innovation and consolidation in order for proppant sector
The following is an edited summary from Roskill Information Services, outlining its new report, Frac Sands & Proppants North America: Industry, Markets & Outlook 2015. The report provides a detailed technical and economic analysis of…
Ivanhoe sparks Laurentian-Limpopo partnership
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has partnered with Laurentian University in Sudbury and Limpopo University in South Africa to develop Limpopo’s geology department into a “centre of excellence in geosciences.”
Optimists see ‘gems’ in besieged coal markets
VANCOUVER — Attending the Coal Association of Canada’s annual gathering here in downtown Vancouver, it’s clear it’s a pretty terrible time to be in the coal business, and that goes for both the metallurgical (met or…
Editorial: Burkina Faso rattled by coup
For global gold miners, the emerging gold mining industry in Burkina Faso has been a wonderful success story of discovery and mine development in a land that until recently had little modern industry of any kind, or infrastructure.
Galaxy Broadband, Spectrum Telecom link up in northern Ontario
Galaxy Broadband has announced that Spectrum Telecom will represent the enterprise telecommunications provider in northern Ontario.
LatAm miners unhappy with costs, survey says
Latin American miners gave low grades to equipment manufacturers in a recent survey by data and intelligence firm Timetric.
Wallbridge lures Lonmin to Parkin project
South Africa-based Lonmin (LSE: LMI), one of the world’s largest primary producers of platinum group metals (PGMs), has signed an option agreement to earn a 50% initial interest in Wallbridge Mining’s (TSX: WM) four Parkin…