RB Energy halts production
Instead of heading toward full production in early 2015 at its Quebec Lithium mine, 60 km north of Val-d’Or, Que., RB Energy (TSX: RBI; US-OTC: RBEIF) is headed for a restructuring.
Articles by Northern Miner Staff
US markets struggle, Oct. 6-10
The S&P 500 Index posted its biggest weekly decline since March 2012, as anxiety about weak global economic growth in Europe and China and concerns about the winding down of the U.S. Federal Reserve’s bond-purchasing program drove…
TSX sinks on global economic fears, Oct. 6-10
Canada’s main stock index posted its biggest loss in more than a year as investors fretted about the state of the global economy, despite robust employment data.
Mega Precious Metals’ emerging gold-tungsten camp at Monument Bay
VANCOUVER — It’s been a bountiful year of drilling for explorer Mega Precious Metals (TSXV: MGP) at its wholly owned Monument Bay project, 340 km southeast of Thompson, Man. The company was hoping an infill drill campaign on its…
A leaner Coeur Mining boosts returns
Coeur Mining (TSX: CDM; NYSE: CDE) is steadily turning the corporate ship back towards profitability. The largest U.S.-based primary silver producer has spent nearly three years in transition — navigating choppy metal prices and financial…
Silver miners under pressure to trim costs
A 24% year-on-year drop in the average annual silver price in 2013 to US$23.79 per oz. and an average price for the precious metal of US$19.71 per oz. in the third quarter of this year continues to put pressure on silver producers.
TSX Venture finishes deeper in the red, Oct. 6-10
The S&P/TSX Venture Composite took another tumble during the trading period, as it lost 6.31%, or 55.69 points, en route 827.13-point weekly close. Markets were impacted by falling energy futures after a dim outlook on oil demand growth…
Fortune aims for near-term cash flow at Revenue
VANCOUVER — According to president Robin Goad, Fortune Minerals’ (TSX: FT; US-OTC: FTMDF) acquisition of the fully permitted Revenue silver-gold-lead-zinc mine in southwestern Colorado is poised to take the company…
Ross Middleton on boosting productivity, returns
“Productivity is the prime imperative for the mining industry of the decade or decades to come,” Ross Middleton, a partner with the Boston Consulting Group (BCG), told attendees at Mining Magazine’s “Optimizing Mine…
Balmoral expands Grasset nickel-copper-PGM discovery
Balmoral Resources (TSX: BAR; US-OTC: BALMF) has more than doubled the strike length and depth of the high-grade Horizon 3 zone at its Grasset nickel-copper-platinum group metals (PGM) project in Quebec. Grasset is about 200 km north of…
Roxgold awards underground mining contract
African Underground Mining Services (AUMS) has signed a four-year deal to provide a mining fleet and skilled labour for Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Yaramoko gold project in Burkina Faso.
Jacobs Engineering Group opens Nevada office
With an eye toward Nevada’s mining industry, professional services firm Jacobs Engineering Group (NYSE: JEC) has announced it will open an office in Elko.