Articles by Northern Miner Staff

TSX posts slim gain, March 30-April 2

Canada’s gross domestic product shrank 0.1% in January compared with a 0.3% rise in December, but the drop was less than some economists had anticipated, and the country’s benchmark index gained 1.5% to finish at 15,026.62. (Markets…



At the Prospectors & Developers Association of Canada convention in Toronto in March, from left: Al Shefsky, president of Pele Mountain Resources; Michael Gravelle, Ontario Minister of Northern Development and Mines; Janis Peleshok, director; Martin Cooper, vice-president of Aboriginal Affairs; and Margie Bugarin, resource administrator. Source: Pele Mountain Resources

Pele Mountain moves monazite processing plan ahead

When Pele Mountain Resources (TSXV: GEM; US-OTC: GOLDF) announced a strategy in October 2014 to extract and separate rare earth elements from monazite concentrate imported from overseas at its Eco Ridge project in Elliott Lake, the plan caught…


The processing plant at SilverCrest Mines' Santa Elena silver-gold mine, 150 km northeast of Hermosillo, Mexico. Credit: Silvercrest Mines

SilverCrest sketches out Santa Elena’s future

VANCOUVER — It’s been a challenging twelve months for SilverCrest Mines (TSX: SVL; NYSE-MKT: SVLC), but the producer has adapted to lower metal prices at its Santa Elena epithermal silver-gold mine, 150 km northeast of Hermosillo,…



A sample with visible gold from Belo Sun Mining's Volta Grande gold project in Brazil. Source: Belo Sun Mining

Belo Sun improves economics at Volta Grande

Belo Sun Mining’s (TSX: BSX; US-OTC: VNNHF) Volta Grande gold project in Brazil’s Para state has garnered positive attention from analysts after a feasibility study cut the project’s costs, making it more attractive. 


Wall Street edges up, March 30-April 2

U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…



[Update] SilverCrest sketches out Santa Elena’s future

VANCOUVER — It’s been a challenging twelve months for SilverCrest Mines (TSX: SVL; NYSE-MKT: SVLC), but the producer has adapted to lower metal prices at its Santa Elena epithermal silver-gold mine, 150 km northeast of…



SouthGobi Resources' Ovoot Tolgoi coal mine in Mongolia. Credit: SouthGobi Resources.

SouthGobi Resources loses appeal in Mongolian tax case

In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but…


New Mines Minister Javier Cordova (left) with Coordinating Minister for Strategic Sectors Rafael Poveda during Ecuador Day at the Prospectors and Developers Association of Canada convention.

Ecuador pushes for mining investment at PDAC

Ecuador’s new mines minister Javier Cordova has only been on the job since February, but he knows that the country’s infamous windfall profits tax is unpopular with miners.


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