Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, December 3, 2013Precious MetalsPrice…
Articles by Northern Miner Staff
TSX Venture Exchange, Nov. 25-29
The S&P/TSX Venture Composite Index finished in the green for the first time in nearly a month during the trading period, as it rose 2.74 points en route to a 934.89-point close. Markets were bolstered late in the week by rising metal…
Platinum, palladium markets to remain in deficit: Johnson Matthey
The markets for platinum and palladium will likely be in a deficit in 2014, according to a report by London-based Johnson Matthey.
Augusta shares whipsawed on EPA commentary
Shareholders of junior outfit Augusta Resource (TSX: AZC; NYSE-MKT) got a little skittish after the release of a letter from the U.S. Environmental Protection Agency (EPA) by non-government organization Save the Scenic Santa Ritas (SSSR), a…
Kinross sees earnings decline despite strong production
VANCOUVER — Toronto-based producer Kinross Gold (TSX: K; NYSE: KGC) is trying its best to adjust to precious-metal markets, but lower-than-anticipated gold prices keep cutting into the company’s earnings. Kinross has, however, taken…
PotashCorp cuts workforce by 18%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is reducing its workforce by 18% amid soft crop-nutrient demand from developing markets.
Trevali poised to benefit from zinc’s revival
VANCOUVER — In a market where raising even a few million dollars is tough, Trevali Mining (TSX: TV; US-OTC: TREVF) is busy filling a $46-million bought-deal financing, adding to a balance sheet that in the last 14 months already saw $16…
B2Gold stays strong through typhoon turmoil
B2Gold (TSX: BTO; NYSE-MKT: BTG) may have escaped the worst of Typhoon Haiyan in the Philippines, but it isn’t forgetting those who didn’t.
U.S. markets rise slightly, Nov. 25-29
The Dow Jones Industrial Average and the S&P 500 marked their eighth straight week of gains with the Dow climbing 21.64 points or 0.14% to 16,086.41 and the S&P 500 up 1.05 points or 0.10% to 1,805.81. The eight-week streak for the…
TSX and TSXV warrants
The following are mining-related warrants trading on the Toronto Stock Exchange and the TSX Venture Exchange:
Dalradian nails key permit at Curraghinalt
A permit application for underground exploration development at Dalradian Resources’ (TSX: DNA) high-grade Curraghinalt gold project in Northern Ireland has been approved.
Timmins Gold revamps mine plan at San Francisco
VANCOUVER — The future came into focus for Timmins Gold (TSX: TMM; NYSE-MKT: TGD) in early November, when the company released an updated reserve estimate and mine plan for its wholly owned San Francisco gold operation, 150 km north of…