Toronto Stock Exchange, Sept. 3-6
The S&P/TSX Composite Index was up 24 points to 12,820.92 for the holiday-shortened period, as the resource sector held on to recent gains.
Articles by Northern Miner Staff
Eagle Hill buys out Noront at Windfall Lake
Eagle Hill Exploration (TSXV: EAG) owns 100% of the Windfall Lake gold property in Val-d’Or, Que., after acquiring Noront Resources’ (TSXV: NOT; US-OTC: NOSOF) 25% interest in the project for $5 million and 25 million shares.
Matamec drops on feasibility study
Matamec Explorations (TSXV: MAT; US-OTC: MHREF) took a hit after the Montreal-based explorer published a feasibility study for its Kipawa joint-venture heavy rare earth elements project near Rouyn-Noranda, Que. Its shares dropped 33%, or…
Sierra Metals goes deeper at Yauricocha
Sierra Metals’ (TSX: SMT; TSXV: SMT; US-OTC: DBEXF) claim that its underground Yauricocha silver-copper-lead-zinc-gold mine in Peru has plenty more to give at deeper depths is proving correct.
Energy Fuels aims to be a force in US uranium
Uranium miner Energy Fuels (TSX: EFR; NASDAQ: CLNE) has provided a market update after acquiring Strathmore Minerals by way of a plan of arrangement — a move that shareholders of both companies applauded.
Resource estimate lifts Roxgold
Shares of Roxgold (TSXV: ROG; US-OTC: ROGFF) took flight after the junior increased the indicated resource for the 55 zone gold deposit on its Yaramoko exploration permit in Burkina Faso by 143%, where the company expects to complete a…
Aurcana sets production records, Red Kite loan stalled
VANCOUVER — Silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) is improving operations at its wholly owned La Negra silver-copper-lead-zinc mine in Queretaro State, Mexico. The company’s mill boosted its daily throughput by 41%…
Short Position Report
Short positions outstanding at Aug 31/13 (with changes from Aug 15/13).
Base metal equities to shine in November, Salman Partners says
Stock markets are starting to recognize that they have been under-pricing base metal equities, Salman Partners senior mining analyst Raymond Goldie reasons and investors should “wait two months, then start taking advantage of this trend.”
Commentary: Canada’s first foreign anti-corruption trial – Lessons from R. v. Karigar
Canadian companies have become increasingly aware of potential liability under the Corruption of Foreign Public Officials Act (CFPOA), which makes it an offence to “directly or indirectly give, offer or agree to give or offer an advantage…
U.S. Antimony is all-in in Mexico
During the Second World War, Mexico dominated the antimony market, producing more than 30 million lb. per year. But the country lost its edge in subsequent decades, primarily due to inadequate smelting and milling facilities, and…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 3, 2013 Precious MetalsPrice…