Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, May 20 2014 Precious MetalsPrice…
Articles by Northern Miner Staff
Bear Creek back in the saddle at Santa Ana
The courts of Peru have had Bear Creek Mining’s (TSXV: BCM) stock rolling.
Ivanhoe raises $150M for DRC projects
VANCOUVER — With a $150-million financing, executive chairman Robert Friedland and his team at Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) have sidestepped a cash crunch that could have impacted the company’s ability to advance its…
Duluth sees nickel upside at Twin Metals
VANCOUVER — It’s been a long road for junior Duluth Metals (TSX: DM; US-OTC: DULMF) on the northern edge of Minnesota’s prolific Iron Range, but it looks like development at the company’s Twin Metals joint venture…
Exeter lays out options for Caspiche
VANCOUVER — Exeter Resource’s (TSX: XRC; NYSE-MKT: XRA) Caspiche project in northern Chile hosts proven and probable reserves exceeding 19 million oz. gold and 4.6 billion lb. copper. Such a large deposit had Exeter envisioning a…
Orbite eyes high-grade alumina production in 2015
Orbite Aluminae (TSX: ORT; OTCQX: EORBF) says its high-purity alumina (HPA) plant in Cap-Chat, Que., is on track to reach commercial production early next year.
Second gold discovery for Orca Gold in Sudan
VANCOUVER — In the first drill program ever to test the 7,000 sq. km Block 14 property in Sudan, Orca Gold (TSXV: ORG; US-OTC: CANWF) pulled intercepts like 2.39 grams gold per tonne over 63 metres, 3.7 grams gold over 31 metres and 13.6…
TSX Venture finishes in the red, May 12-16
The S&P/TSX Venture Composite Index had a tough run during the week, losing 14.55 points before closing at a four-month low of 976.55. Markets pulled back after the U.S. Federal Reserve revealed that U.S. industrial production had…
Centerra eyes lower costs going forward
Falling gold prices and rising costs combined to take a bite out of Centerra Gold’s (TSX: CG) bottom line, although not to the extent analysts had expected.
Kinross steadies operations, cuts costs
Kinross Gold (TSX: K; NYSE: KGC) is meeting the challenge of lower gold prices the old-fashioned way: by driving down costs and producing more gold.
Goldrock’s Matysek out to prove Argentina’s a good bet
VANCOUVER — Lindero is an economically robust gold mine project that is permitted for development. Its capital costs are reasonable, it has support from the local populations and authorities, and it is being driven forward by Paul…
Uranium Energy advances Paraguay projects
Six years ago when Uranium Energy (NYSE-MKT: UEC) expanded its in-situ recovery uranium projects beyond those it was developing in southern Texas, one of the parts of the world the company took a close look at was Paraguay.