TSX declines, July 28-Aug.1
Canada’s main stock index tumbled during the trading week, posting its biggest drop since early May.
Articles by Northern Miner Staff
Rambler has big plans for Atlantic Canada
Since the start of commercial production in November 2012 at its first mine — the Ming copper–gold mine in Baie Verte, N.L. — Rambler Metals & Mining (TSXV: RAB; LSE: RMM) has generated $31 million in operating…
Editorial: Mount Polley tailings spill – Imperial’s best not good enough
The complete failure of the tailings dam at Imperial Metals’ Mount Polley copper–gold mine in Central B.C.’s Cariboo region on Aug. 4 is the most depressing thing to have happened in Canadian mining since the Bre-X Minerals…
Complete tailings dam failure at Imperial’s Mount Polley
Shares of Imperial Metals (TSX: III; US-OTC: IPMLF) dropped 40% after a dam for the tailings pond at its Mount Polley gold–copper mine in B.C.’s Cariboo region failed, spilling millions of cubic metres of waste water and suspended…
LIM remains in limbo
Not much has happened at Labrador Iron Mines (TSX: LIM; US-OTC: LBRMF) since the company announced in June that it would suspend operations at its direct-shipping iron ore Schefferville projects in the Labrador Trough region, partly due to…
Kennady North diamond project exceeds expectations
With positive results rolling in from the mid-year exploration program at its Kennady North project in the Northwest Territories, Kennady Diamonds (TSXV: KDI; US-OTC: KDIAF) is rethinking its expectations for the project.
Teck boosts stake in partner AQM Copper
After loading up on shares of AQM Copper (TSXV: AQM; US-OTC: APQUF) in July, Teck Resources (TSX: TCK.B; NYSE: TCK) now owns just over 30% of the junior — its partner at the Zafranal copper–gold project in Peru.
Asanko approves gold mine construction in Ghana
Asanko Gold’s directors (TSX: AKG; NYSE: AKG) have given management the green light to build the first phase of the Asanko gold mine in Ghana for US$295 million, and the company expects to break ground within a month.
Coeur revamps Palmarejo mine plan
VANCOUVER — It’s been almost six years since U.S. producer Coeur Mining (TSX: CDM; NSYE: CDE) last released a mine plan for its wholly owned Palmarejo gold–silver operation, 420 km southwest of Chihuahua, Mexico, and a…
Wolfden strives for discoveries in historic Bathurst camp
VANCOUVER — Base metals explorer Wolfden Resources (TSXV: WLF) may hold a sizable land package in the historically productive Bathurst mining camp, but according to CEO George Topping the company is all about new discoveries.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, August 5, 2014Precious MetalsPrice…
Wellgreen Platinum grows PGM resource in Yukon
VANCOUVER — It’s been a busy couple of years for explorer Wellgreen Platinum (TSXV: WG; US-OTC: WGPLF) as it develops its wholly owned Wellgreen platinum group metals (PGM) deposit in Yukon’s southwest corner. The company has…