Aurcana tumbles as it closes the Shafter mine
Aurcana (TSXV: AUN; OTCQX: AUNFF) is taking its Shafter silver mine in Texas immediately offline due to declining silver prices.
Articles by Northern Miner Staff
Continental releases drill results, stays mum on artisanal situation
While it offered no update on the contentious removal of illegal miners from its flagship property, Continental Gold (TSX: CNL) released some promising drill results from the site.
Centamin depleting reserves at Sukari
Centamin’s (TSX: CEE) recent acquisition attempt on Australian junior Ampella Mining (ASX: AMX) has been given more context with the release of the latest reserve estimate from its flagship Sukari gold mine in Egypt.
Short Position Report
TSX Short Positions Short positions outstanding at Dec. 15/13 (with changes from Nov….
Yellowhead lines up $8M for Harper Creek
Yellowhead Mining (TSX: YMI; TSXV: YMI) has announced an $8-million convertible debt financing with Calgary-based private firm Matco Investments to continue working on its flagship Harper Creek copper–gold–silver project in southern…
Coeur commits to royalty business
In an attempt to generate a higher margin, less volatile free cash flow and diversify its metal exposure and future avenues for growth, Coeur Mining (TSX: CDM; NYSE: CDE) is acquiring privately held Global Royalty Corp., which has interests in…
Macusani hits PEA milestone in Peru
VANCOUVER — Toronto-based junior Macusani Yellowcake (TSXV: YEL; US-OTC: MCYWF) is one step closer to a production decision at its 900 sq. km uranium portfolio, which lies 180 km northwest of the city of Juliaca in southeastern Peru. On…
Detour sinks on CEO’s exit
Detour Gold’s (TSX: DGC; US-OTC: DRGDF) CEO and founder Gerald Panneton has resigned without the company providing an explanation for his sudden departure, sending shares spiralling amid speculation that it may need more funds to ramp up…
Toronto Stock Exchange, Dec. 9-13
The S&P/TSX Composite Index fell 155.02 points, or 1.17% to 13,125.70, while the S&P/TSX Capped Diversified Metals & Mining Index shed 13.54 points, or 1.86%, to 715.01 points during the trading week. Gold moved in the opposite…
U.S. markets, Dec. 9-13
U.S. markets took a hit during the week, with the Dow Jones Industrial Average falling 264.84 points, or 1.6% to 15,755.36. The broader S&P 500 Index tumbled nearly 30 points to 1,775.32. The Nasdaq Composite Index slipped 61.54 points to…
Editorial: A year to endure – the top stories of 2013
For miners, the only dispute about 2013 was whether it was the worst year since 2008, 2000 or even going back decades. If the mood was glum, there was at least no shortage of news to spice up the year. Here are our picks for the biggest stories…
Commentary: Nickel market may be missing the bigger picture, Roskill says
With 2014 approaching, the nickel market is looking to Indonesia. At the beginning of December, the Indonesian government signalled that it would implement a ban on unprocessed mineral ores. In an edited press release, London-based Roskill…