Rockgate and Mega to merge
VANCOUVER — Rockgate Capital (RGT-T) and Mega Uranium (MGA-T) are merging to create a uranium company with several advanced projects, early stage properties, a healthy treasury and a strong team of managers and directors.
Articles by Northern Miner Staff
TSX Venture Exchange, June 10-14
The S&P/TSX Venture Composite Index lost ground for the second consecutive week during the trading period, with the exchange dropping 1.9%, or 17.83 points, en route to a 933.57-point close. The Venture lost ground early in the week on…
Sabina raises funds for Back River’s exploration
Sabina Gold & Silver (SBB-T) is raising $20 million to keep the drills turning on its advanced-stage Back River gold project in Nunavut’s West Kitikmeot region, a move that has one analyst scratching his head.
Premier gathers momentum on grade
Many stocks within the junior gold sector are languishing, but Premier Gold Mines (PG-T) is showing there is still life for explorers that find the grade.
U.S. markets, June 10-14
U.S. stocks retreated for the third week in a row, with the Dow Jones Industrial Average dipping 1.2% to 15,070.18, the S&P 500 Index off 1% to 1,626.73 and the Nasdaq Composite down 1.3% to 3,423.55. Markets were volatile ahead of the…
Playing interest rates with mining stocks
To state that interest rates drive financial markets is to state the obvious. But defining the relationship between rates and mining stocks is a more difficult matter.
Pretium completes Brucejack feasibility
A feasibility study on the Brucejack high-grade gold project, 65 km north of Stewart, B.C., has brought Pretium Resources (PVG-T, PVG-N) one step closer to its goal of kicking off mine construction in the second half of 2014 and commercial…
Commentary: Nothing to fear in Quebec’s proposed tax regime
Recently, mining operators and investors have been playing it safe in Quebec. No business wants to be in a situation where mining taxes become an intrinsic production cost that could jeopardize a project’s profitability.
True Gold making good Karma in Burkina Faso
True Gold Mining’s (TGM-V) Karma project in Burkina Faso keeps getting better and better.
Editorial: Dousing the Ring of Fire
One of the surprises of the year that in some ways isn’t such a big shocker is Cliffs Natural Resources’ announcement this past week that it is suspending work at its $3.3-billion Black Thor chromite project in northern…
Correction
In last week’s story “Selwyn’s boardroom battle hits fever pitch,” Benedict Cubitt was incorrectly identified as being with Resource Capital Funds, when in fact he is with Samara Capital. We apologize for the error.
Canadian Zinc gets some cash from Sandstorm
Capital may be scarce, but Canadian Zinc (CZN-T) has cut a deal that will inject US$10 million into its coffers.