Enexco jumps on uranium hit at Mann Lake
International Enexco (TSXV: IEC) saw its shares climb 23% after announcing the thickest and highest grade hit yet from its 30%-held Mann Lake uranium property in Saskatchewan’s prolific Athabasca basin.
Articles by Northern Miner Staff
PM Harper, BC’s Bennett on rejection of Taseko’s New Prosperity
VANCOUVER — There haven’t been many modern permitting processes in Canada that have cast as large a shadow as the federal government’s recent rejection on environmental grounds of Taseko Mines’ (TSX: TKO; NYSE-MKT:…
U.S. markets falter while gold rises, March 10-14
Investors turned jittery over the period, with the Dow Jones Industrial Average down 388 points to 16,065.67, the S&P 500 Index shedding 36 points to 1,841.13 and the Nasdaq Composite Index 87 points lower to 4,245.40.
Sweden, Finland, Alberta, atop Fraser Institute rankings
VANCOUVER — Canadian non-profit research group the Fraser Institute has released its annual Survey of Mining Companies, which gauges the geographic investment temperature by polling 690 exploration, development and other mining-related…
Barrick sells 10% of African Barrick
Barrick Gold (TSX: ABX; NYSE:ABX) has sold part of its 74%-stake in its subsidiary African Barrick Gold (LSE: ABG; US-OTC: ABGLF), in a move to keep optimizing its portfolio amid weaker gold prices.
Editorial: Oliver rises to finance minister
Although the move was long anticipated due to his chronic ill health, it still felt surprising that Canada’s third-longest serving finance minister, Jim Flaherty, was finally resigning from cabinet after eight years in the post.
Metals, mining and money markets
Spot pricesCourtesy of Scotiabank Tuesday, March 11 2014Precious MetalsPrice…
Analysts like gold-focused royalty firms
Royalty and streaming companies make good investments, argue Raymond James analysts Alex Terentiew and Ross Yakovlev in a recent note.
Cigar Lake production shines spotlight on Denison Mines
The start of ore production at Cameco Corp.’s (TSX: CCO; NYSE: CCJ) Cigar Lake uranium mine is good news for Denison Mines (TSX: DML; NYSE-MKT: DNN), which owns 22.5% of the McClean Lake mill where all of Cigar Lake’s ore will be…
Alacer focuses on upside in Turkish portfolio
VANCOUVER — Following a strategic decision to sell-off its Australian portfolio for roughly US$36 million in late October, U.S.-based producer Alacer Gold (TSX: ASR; US-OTC: ALIAF) is all about Turkey. The company delivered a…
TSX posts gains, Mar. 3-7
Disappointing jobs data in Canada showing that the economy shed 7,000 jobs in February — leaving the country’s unemployment rate unchanged at 7% — were offset by news of stronger employment numbers in the U.S. The S&P/TSX…
Every hole a hit as Fission joins zones at PLS
VANCOUVER — Thirty-six holes into a 90-hole winter program, the five drill rigs at Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) Patterson Lake South (PLS) project are batting 100% in their hunt for mineralization between the known…