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.
Articles by Northern Miner Staff
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 1, 2013Precious MetalsPrice…
Semafo impresses with high-grade reserves
VANCOUVER — The future is looking brighter for Montreal-based gold producer Semafo (TSE: SMF; NYSE: SEMFF) at its Mana mine in Burkina Faso, after a reserve update showed higher-grade ounces at the company’s satellite Siou deposit.
Centerra’s compromise on Kumtor lifts political overhang
Facing penalties of US$467 million for alleged environmental damages at its Kumtor mine in Kyrgyzstan and a state commission report issued last year that concluded Centerra Gold (TSX: CG; US-OTC: CAGDF) should pay more to operate the mine, the…
Seabridge finds more high-grade core zones at KSM
VANCOUVER — Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM project encompasses four deposits that contain 38 million oz. gold and 10 billion lb. copper. But mines for deposits that big are usually expensive to build and operate, and KSM…
TSX Venture Exchange, Sept. 23-27
The S&P/TSX Venture Composite Index registered modest gains throughout the trading week, jumping 6.76 points before closing the week at 952.86.
Midas optimizes Golden Meadows
Midas Gold (TSX: MAX) is assessing ways to lift the economics of its wholly owned Golden Meadows gold project in Idaho’s historic Stibnite mining district ahead of a prefeasibility study that’s due in mid-2014.
October the time to buy base-metal stocks: Ray Goldie
Stock markets are realizing that they have been underpricing base-metal equities, Salman Partners senior mining analyst Raymond Goldie says, and investors should “wait two months, then start taking advantage of this trend.”
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…
U.S. markets, Sept. 23-27
The major U.S. indexes slipped, with the Dow Jones Industrial Average retreating 192.85 points to 15,258.24, putting an end to three weeks of gains. The S&P 500 Index fell 18.16 points to 1,691.75; the Philadelphia Gold and Silver Index…
Columbus Gold on the rise after Nordgold deal
VANCOUVER — It can be tough for junior companies to get market traction these days, but one angle that can still make shares pop is the age-old option agreement with a large-cap producer. And that’s the story for Columbus Gold…