Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 7, 2014Precious MetalsPrice…
Articles by Northern Miner Staff
U.S. markets, Dec. 27-Jan. 3
U.S. equities slipped during the holiday-shortened trading week, but ended 2013 on a positive note.
Santacruz unveils maiden resource at Gavilanes
VANCOUVER — Emerging producer Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF) added more quality in-situ silver equivalent ounces to its books on Dec. 18, when it released an initial resource estimate on its Gavilanes polymetallic…
Toronto Stock Exchange, Dec. 27-Jan. 3
An extreme cold weather front that kept most Canadians indoors over the holiday period also sent a chill through equity markets. The S&P/TSX Composite Index fell 0.2% on the first day of trading in 2014, finishing the week down a total of…
Record production for Lake Shore Gold
It was a record breaking year for Lake Shore Gold (TSX: LSG; NYSE: LSG) and the market finally seems to be taking notice.
More stellar results for Nevsun
Nevsun Resources (TSX: NSU; NYSE: NSU) continues to prove up the mineral potential of Eritrea.
Allied Nevada clears out worrisome covenants
Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) has gained some wriggle room as it pushes into the new year with a lofty plan to expand its flagship Hycroft mine in Nevada.
Macquarie reviews 2013 metal prices
Analysts at Macquarie Commodities Research in London and Beijing have totted-up the final numbers for 2013 and conclude in a research note published Jan. 2 that of all the precious and base metals, palladium posted the largest year-on-year…
Banro pours first gold at Namoya
Despite delays and two separate downward revisions to its gold production target at Namoya this year, Banro Corp. (TSX: BAA; NYSE: BAA) managed to pour the first gold at its newest mine in the Democratic Republic of the Congo on Dec. 30.
Will private equity save the mining sector?
With the mining sector in its third year of a painful downturn, a collective realization is setting in that business as usual isn’t going to cut it anymore.
Editorial: Silvercorp’s short-seller headache
The murky and often frivolous world of financial blogs showed its serious side in mid-December.
Mark O’Dea’s True Gold proves Karma’s potential
VANCOUVER — True Gold Mining (US-OTC: RVREF) can turn its Karma gold project in Burkina Faso into an open-pit heap leach mine generating strong returns for just US$131.5 million, according to a new feasibility study.