Adanac Moly renews pleas for takeover
For the last two years, Adanac Molybdenum (TSXV: AUA; US-OTC: AUAYF) has tried to find a buyer for all or part of the companyl, and its Ruby Creek molybdenum project in B.C.
Articles by Northern Miner Staff
Toronto Stock Exchange, Jan. 13-17
Higher gold prices — up US$5.50 during the week to US$1,254.10 per oz. — helped lift the S&P/TSX Composite Index 1.02%, or 140.68 points, to 13,888.21. The S&P/TSX Global Gold Index climbed 6.67%, or 11.12 points, to 177.81;…
Gold Reach keeps pulling mineralization out of Ootsa
VANCOUVER — With 53 drill holes completed in 2013, Gold Reach Resources (TSXV: GRV; US-OTC: GRJVF) is showing that the hills around Houston reliably host copper, gold, silver and molybdenum.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 21 2014Precious MetalsPrice…
Thompson Creek Metals on track
Thompson Creek Metals (TSX: TCM; NYSE: TC) is in the final stages of ramping up its Mt. Milligan mine in northern B.C., and it’s on track to reach commercial production in the first quarter of 2014.
Alcoa takes a US$2.3B hit
VANCOUVER — As 2014 gets underway, the first major miner to report its financials is getting its bad news out of the way.
Fortune poised to start construction at NICO
VANCOUVER — With one last permit to clear, Fortune Minerals (TSE: FT; US-OTC: FTMDF) is reaching the final pre-construction stages at its Nico gold–cobalt–bismuth project, 160 km northwest of Yellowknife. The next…
NovaCopper prepares for a big year
NovaCopper (TSX: NCQ; NYSE-MKT: NCQ) will be coming out with an updated resource estimate for its Bornite carbonate-hosted copper deposit in northwestern Alaska before the end of March, and expects to kick off a prefeasibility study of Arctic,…
Osisko board slams Goldcorp offer
Osisko Mining’s (TSX: OSK; US-OTC: OSKFF) board has provided a long list of reasons why it believes its shareholders should reject the hostile $2.6-billion takeover bid tabled by Goldcorp (TSX: G; NYSE: GG) on Jan. 14.
Tahoe crosses the production finish line at Escobal
VANCOUVER — Industry success stories have been hard to come by over the past few years, but mine developers like Tahoe Resources (TSX: THO; NYSE: TAHO) are proving that even tough markets can’t stand in the way of a strong…
TSX Venture Exchange, Jan. 13-17
The S&P/TSX Venture Composite Index extended its rally during the trading sessions, with a 9.79-point gain leading to a 976.34-point weekly close, which marks the Venture’s highest close since April 2011. Market enthusiasm was fuelled…
El Nino wins arbitration in BC for Kasala copper project in DRC
For the last four years, El Nino Ventures (TSXV: ELN; US-OTC: ELNOF) has fought an increasingly bitter battle to keep its grip on Infinity Resources, a joint venture that owns the Kasala copper project in the Democratic Republic of the Congo.