OceanaGold to buy Pacific Rim
OceanaGold (TSX: OGC; US-OTC: OGDCF) is banking on bringing its recent success in the Philippines to El Salvador.
Articles by Northern Miner Staff
Toronto Stock Exchange, Sept. 30-Oct. 4
The S&P/TSX Composite Index ended the week in negative territory as the dispute over the U.S. federal budget and debt ceiling rattled investors. The index plunged 85.4 points to 12,758.65. The S&P/TSX Global Gold Index dropped 6.8…
Nautilus soars on arbitration award
The verdict has arrived much to the joy of investors.
Short Position Report
Short positions outstanding at Sept. 30/13 (with changes from Sept. 15/13).
AngloGold, Independence start up Tropicana in WA
AngloGold Ashanti (NYSE: AU) has brought its 70%-held Tropicana gold mine in Western Australia online — ahead of schedule and within budget.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 1, 2013Precious MetalsPrice…
Alacer says ‘hooroo’ to Australia
It is no secret that lower gold prices are making management teams leaner. But a lesser-discussed result of all the cost-cutting is that geographical diversification can also be lost.
Rockgate cancels Mega merger, stays mum on Denison deal
VANCOUVER — The planned merger between Rockgate Capital (TSX: RGT) and Mega Uranium (TSX: MGA; US-OTC: MGAFF) is off, thanks to a superior offer for Rockgate from Denison Mines (TSX: DML; NYSE-MKT: DNN).
Nautilus, PNG await arbitration decision
VANCOUVER — In 2011 it looked like Nautilus Minerals’ (TSX: NUS; US-OTC: NUSMF) pioneering plan to mine high-grade sea floor sulphide deposits might actually work. The company had permits, a joint venture with the Papua New Guinea…
Correction
The story “Detour Lake drilling yields new gold structure” (T.N.M., Sept. 23–29/13) incorrectly identified BMO Capital Markets analyst Brian Quast as the author of a research note which was, in fact, authored by BMO Capital…
Editorial: KWG-Cliffs ruling – No appeasement on the easement
One of the more significant events for Ontario mineral explorers in September took place in the halls of the province’s bureaucracy, with Cliffs Natural Resources losing its application for easement (surface access right-of-way) across…
Eurasian explores new gold region at Koonenberry
WHISTLER, B.C. — When it comes to project generators, there aren’t many companies with a global reach quite like Vancouver-based Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX). The company is active across Europe, the Middle East and…