Facts ‘n’ figures: US Mint sells record number of Silver Eagle coins in 2014
The following is an edited report from The Silver Institute, a Washington D.C.-based non-profit industry association. For more information visit www.silverinstitute.org.
Articles by Northern Miner Staff
Aura Minerals suspends mining at Aranzazu
Aura Minerals (TSX: ORA; US-OTC: ARMZF) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs: It is suspending mining operations temporarily at its Aranzazu copper-gold-silver mine in…
Sabina pushes permitting forward at Back River
Sabina Gold & Silver (TSX: SBB) expects to submit a final environmental impact statement (EIS) on its Back River gold project in southwestern Nunavut by mid-year.
Imperial Metals raises $50M
Imperial Metals (TSX: III; US-OTC: IPMLF) may be nursing a black eye from the August tailings dam failure at its Mount Polley mine in central B.C., but the company says it’s pleased with its cleanup efforts so far, and that it is also…
Seabridge proves permits still attainable for big BC mines
VANCOUVER — It’s shaping up to be a big year for Seabridge Gold (TSX: SEA; NYSE: SA) at its large-scale Kerr-Sulphurets-Mitchell (KSM) gold-copper project, 65 km northwest of Stewart, B.C. In late December the company received a…
Capstone’s 2015 outlook ‘disappointing,’ BMO says
VANCOUVER — On Jan. 20 copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) released its production and capital expenditure guidance for 2015, and the results don’t have analysts at BMO Capital Markets particularly enthusiastic….
First Nickel slashes jobs at Lockerby mine
First Nickel (TSX: FNI; US-OTC: FNKLF) is cutting 109 jobs at its Lockerby nickel-copper mine in Ontario’s Sudbury basin, as part of a restructuring plan to lower costs, resume exploration and extend the mine’s life.
TSX Venture in the red, Jan. 12-16
The S&P/TSX Venture Composite struggled under the weight of multi-year low crude oil prices during the trading period, as it lost 2.9%, or 19.9 points, en route to a 667.31-point weekly close. Bloomberg data indicates that U.S.-based…
Banks Island hits commercial production at Yellow Giant
Banks Island Gold’s (TSXV: BOZ) Yellow Giant gold-silver project is the latest mine to achieve commercial production in northwestern B.C.
Argonaut Gold advances San Agustin
Argonaut Gold (TSX: AR; US-OTC: ARNGF) bought the San Agustin project, 10 km west of its producing El Castillo open-pit mine in Durango, Mexico, for $75 million in cash and shares in December 2013, and a recent preliminary economic assessment…
U.S. equities slip, Jan.5-9
The U.S. market fell during the week amid lower oil prices. The S&P 500 Index slipped 13.39 points to 2,044.81, while the Dow Jones Industrial Average fell 95.62 points to 17,737.37. The Nasdaq Composite closed down 22.74 points at…
TSX Venture on the decline, Jan. 5-9
The S&P/TSX Venture Composite Index lost ground during the trading sessions, as it dropped 2.8%, or 19.6 points, en route to a 687.21-point weekly close. On the economic front, the U.S. Federal Reserve stated it expects the drop in oil…