Articles by Northern Miner Staff

Toronto Stock Exchange, July 8-12

The S&P/TSX Composite Index beat back the summer doldrums with a 274-point gain, rising to 12,462.18 for the period. The positive momentum came largely on the back of gains in the commodity sector, as oil and metal prices climbed higher.


The surface at Aurcana's Shafter silver mine in Presidio County, Texas, 375 km southeast of El Paso. Source: Aurcana

Aurcana shares pop on Red Kite loan proposal

VANCOUVER — Shareholders of Vancouver-based silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) received some good news at the end of June, as the company released details of a terms sheet from U.K.-based metal merchant RK Mine Finance…


TSX Venture Exchange, July 8-12

The S&P/TSX Venture Composite Index jumped 1.6%, or 14.15 points, en route to an 898.42-point weekly close. Markets were driven near monthly highs following comments from U.S. Federal Reserve Chairman Ben Bernanke, while commodity prices…


Cartoon by JK.

Editorial: Greasing the wheel of life

Big Oil roared back into the headlines in Canada and across the world, once again showing how, compared to mining, the oil industry is in a league all its own when it comes to societal impacts.



Mercator lowers Mineral Park’s copper-moly reserves

Mercator Minerals (TSX: ML; US-OTC: MLKKF) has updated the resource and reserve estimate for its Mineral Park copper-molybdenum mine in Arizona, noting that while reserves have decreased, the open-pit operation still has a promising life ahead.



A drill rig at Banks Island Gold's Yellow Giant gold project in British Columbia's northwest coast. Source: Banks Island Gold

Banks Island set to mine gold in BC

VANCOUVER — Drilling at Banks Island Gold’s (TSXV: BOZ) Yellow Giant high-grade gold project in coastal B.C. is hitting gold along strike and beneath known mineralization, creating potential for a larger resource just as the company…



For Oceanic, it’s steady as she goes

Oceanic Iron Ore (TSXV: FEO; US-OTC: FEOVF) may be a junior trying to develop a costly iron ore project in remote northern Quebec during hard financial times, but over the last year management has come closer to tying up a deal with a potential…



Geologists survey the Escanelosa Zone of the Las Tres Palmas project in the Dominican Republic (2012). Source: Goldquest Mining

Long gold hits for GoldQuest in DR

VANCOUVER — Every batch of drill results from the Romero gold discovery at GoldQuest Mining’s (TSXV: GQC) Las Tres Palmas project in the Dominican Republic adds to a growing list of impressive intercepts. The latest batch was no…


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