Dundee dives into Canadian diamonds
Canadian diamonds are coming back into fashion, and analysts at Dundee Capital Markets have noticed, initiating coverage of two diamond developers in Canada and three advanced explorers.
Articles by Northern Miner Staff
June proves to be a golden month
The remarkable move upwards of gold prices in mid-June has gold investors catching their collective breath and walking with a little more spring in their step, as June draws to an end and gold prices firm up well north of US$1,300 per oz.
Probe Mines’ high-grade underground resource at Borden
Probe Mines (TSXV: PRB; US-OTC: PROBF) has published the first high-grade underground resource estimate for its Borden gold project, located on the outskirts of Chapleau, west of Timmins, Ont.
First Quantum to buy Lumina Copper for $470M
First Quantum Minerals (TSX: FM; LSE: FQM) has made a friendly $470-million takeover offer for Lumina Copper (TSXV: LCC; US-OTC: LCPRF), ending a sale process for the junior and its Taca Taca copper–gold–molybdenum project in…
Commentary: Northern Gateway – forcing BC to face land claims question
VANCOUVER — It’s a fight over oil, not metals or coal, but mineral explorers and developers across B.C. — indeed, across Canada — will watch closely to see how Enbridge fares in the battle to build the now-approved…
Platinum Group boosts resources at Waterberg
VANCOUVER — The resource at developer Platinum Group Metals’ (TSX: PTM, NYSE-MKT: PLG) Waterberg platinum group metals discovery on the North Limb of the Bushveld igneous complex in South Africa just keeps growing. A new, expanded…
Ross Beaty to invest in Odin Mining
Fresh on the heels of the $470 million sale of Lumina Copper (TSXV: LCC) and its Taca Taca project in Argentina to First Quantum Metals (TSX: FM; LSE: FM) earlier this month, Lumina’s founder and largest shareholder, Ross Beaty, is making…
Short Position Report
Short positions outstanding at June 15/14 (with changes from May 31/14).
TSX soars, June 9-13
The Toronto Stock Exchange climbed near the record high it reached six years ago, with the S&P/TSX Composite Index adding 163 points to end at 15,001.61, slightly below the record close of 15,073 set in June 2008 before the recession.
B2Gold to acquire Papillon Resources
Over the last six years, B2Gold (TSX: BTO; NYSE-MKT: BTG) has looked at scores of properties that it considered adding to its portfolio of assets, which includes two mines in Nicaragua, one mine in the Philippines, another under construction in…
TSX Venture on the rise, June 9-13
The S&P/TSX Venture Composite Index finished in the black for the second straight week, up 9.88 points to close at 997.33. Oil futures were driven upward by political instability in Iraq, while the U.S. Commerce Department reported retail…
U.S. equities waver on global tensions, June 9-13
An insurgency by a radical Islamist group in Iraq and renewed tensions in the Ukraine put downward pressure on U.S. equity markets during the week, but pushed oil and gold prices up, lifting the fortunes of many precious metal companies. The…