TSX retreats, April 13-17
Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals…
Articles by Northern Miner Staff
Short Position Report
TSX Short Positions Short positions outstanding at April 15/15 (with changes from March…
TSX posts solid gains, April 6-10
A slight rally in oil prices and reports of encouraging employment data in Canada helped lift Canada’s benchmark index. The S&P/TSX Composite Index advanced 2.4% to 15,388.43, while the S&P/TSX Capped Diversified Metals &…
Newmont green-lights Long Canyon gold mine
VANCOUVER — Denver-based Newmont Mining (NYSE: NEM) is poised to open up a new gold district at its Long Canyon project along the eastern flank of the Pequop Mountains in northeastern Nevada. The U.S. Bureau of Land Management (BLM)…
Wall Street marches higher, April 6-10
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…
Rob McEwen speaks out on Mexican gold robbery
On April 7 armed robbers stole 900 kilograms of gold-rich concentrate containing 7,000 oz. gold from McEwen Mining’s (TSX: MUX; NYSE: MUX) El Gallo 1 mine in Sinaloa, Mexico. At US$1,200 per oz. gold, the thieves made off with over…
Roxgold starts construction at Yaramoko
Roxgold (TSXV: ROG; US-OTC: ROGFF) has kicked off construction at its high-grade Yaramoko gold project in southwestern Burkina Faso, with an aim of starting production in the second quarter of 2016.
TSX Venture enjoys week-long rally, April 6-10
The S&P/TSX Venture Composite Index managed five days of gains during the trading period, as it jumped 2.3%, or 15.86 points, before closing at a four-week high of 698.88 points. The rally was underpinned by rising commodity futures, while…
Alamos, AuRico unveil US$1.5B ‘merger of equals’
VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) and AuRico Gold (TSX: AUQ; NYSE: AUQ) have apparently been in an on-again, off-again courtship for years, but on April 13 the companies decided to tie the knot amidst a rising tide of merger…
Suppliers news: Superior Industries to take over Clemro Western
Superior Industries, a major Minnesota-based manufacturer and bulk-material handling system, has entered into an agreement to acquire Clemro Western, a Calgary-based company that makes crushing and screening equipment for customers…
Ontario gov’t funds graphite research for Zenyatta
The Ontario government is spending $500,000 to help Thunder Bay-based graphite explorer Zenyatta Ventures (TSXV: ZEN; US-OTC: ZENYF) test samples from its Albany project near the town of Hearst.
Premier to be ‘next major gold miner,’CEO Downie says
VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is hoping to follow in the footsteps of some major Canadian success stories in the gold space. And the company has gotten closer to reaching that goal with a…