Start small in the Ring of Fire, Noront CEO says
There’s no question that massive infrastructure will need to be built in order to mine the large chromite deposits in the Ring of Fire, says Noront Resources (TSXV: NOT) president and CEO Alan Coutts.
Articles by Northern Miner Staff
Flinders to buy Big North Graphite
Vancouver-based graphite producer Flinders Resources (TSXV: FDR; US-OTC: FLNXF) is moving to acquire Big North Graphite (TSXV: NRT).
Almaden a model of father-son success
Almaden Minerals (TSX: AMM; NYSE-MKT: AAU) has found volcanic-hosted mineralization beside its Ixtaca gold–silver deposit on its 100%-owned Tuligtic project in Puebla state, adding to the prospecting success it has had over the years in…
S&P 500 on a roll, Aug. 25-29
The benchmark S&P 500 Index ended the week on a high note, finishing above the 2,000-mark for the third time during the trading week. The S&P 500 advanced 0.75% to 2,003.37, while the Dow Jones Industrial Average climbed 0.6% to finish…
Commentary: Global gold demand continues recalibration
The following is an edited excerpt from the World Gold Council’s summary of its report, Gold Demand Trends Q2 2014. The full report can be found at www.gold.org.
Corrections
The article “Rockhaven has high hopes for Klaza in Yukon” (T.N.M., Sept. 1-7/14) should have stated that Matt Turner is only the CEO of Rockhaven Resources, while Robert C. Carne serves as president.
Mercator on life support
Financially troubled producer Mercator Minerals (TSX: ML; US-OTC: MLKKF) has filed for protection from its creditors in Canada and the U.S.
TSX soars, Aug. 25-29
Canada’s main stock index kicked off the Labour Day weekend with a 90.18-point gain to 15,625.73. The S&P/TSX Global Gold Index edged up nearly 4 points to 202.10, helped by a US$6.40 per oz. jump in the gold spot price, which closed…
Paramount’s plan for San Miguel
VANCOUVER — Paramount Gold & Silver’s (TSX: PZG; NYSE-MKT: PZG) new strategy at its wholly owned San Miguel gold–silver project in northern Mexico’s prolific Palmarejo district is all about lowering capital…
TSX Venture on the rise, Aug. 25-29
The S&P/TSX Venture Composite finished in the green for the second straight week during the trading period, as it jumped 1.8%, or 18.41 points, en route to a 1,023.99-point close. Markets followed energy and precious metals futures upward,…
Primero to expand San Dimas
Primero Mining (TSX: P; PPP: NYSE) has green-lighted an expansion of its San Dimas gold–silver mine in Durango, Mexico, a move that will increase production by 25% at a cost of only $26.4 million.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 2, 2014Precious MetalsPrice…