Toronto Stock Exchange, July 2-5
The holiday shortened period was defined by political tension and market volatility, and the S&P/TSX Composite Index followed the global trend, as it wound up 44 points lower at 12,134.91 points.
Articles by Northern Miner Staff
Osisko sheds light on mystery Mexican project
VANCOUVER — Last October, Osisko Mining (TSX: OSK) made a rather odd announcement. The Montreal-based, Eastern Canada-focused gold miner reported it had staked just shy of 10,000 sq. km in Mexico, but wouldn’t be telling anyone the…
Eurasian turns Turkish asset into cash
Eurasian Minerals (TSXV: EMX; NYSE: EMXX) is cashing in on its exploration work in Turkey.
Anfield receives first exploitation licence for Mayaniquel
Shares of Anfield Nickel (TSX: ANF) jumped 12% to $2.91 after Guatemala’s Ministry of Energy and Mines approved the first of three exploitation licences the junior has submitted for its Mayaniquel nickel laterite project.
Quest to sell 100% of Strange Lake’s zirconia to TAM
Quest Rare Minerals (TSX: QRM; AMEX: QRM) received a much-needed boost after reporting that it intends to sell 100% of the anticipated annual zirconia production from its Strange Lake rare earth deposit in northern Quebec to New York-based…
Sabina finds high-grade gold at George
Sabina Gold & Silver (SBB-T) has pulled some encouraging grades from the George deposit at its Back River gold-silver project in Nunavut ahead of a prefeasibility study (PFS) due later this year.
Short Position Report
TSX Short Positions Short positions outstanding at June 30/13 (with changes from June…
Editorial: This is what a washout looks like
Barrick Gold is the world’s leading gold company, and its Pascua-Lama gold-silver megaproject under construction on the Chilean-Argentine border is its leading development project. And so the gold industry watches in dismay as the major…
U.S. markets, June 24-28
U.S. markets rebounded from fears in the previous period that the Fed would taper off quantitative easing. The markets stabilized after the Fed said that QE would not slow down any time soon. This brought the S&P 500 Index up 18 points to…
TSX Venture Exchange, June 24-28
The S&P/TSX Venture Composite Index has been slipping for four weeks after dropping 1.6%, or 14.39 points, en route to a 881.40-point weekly close. It has lost around 9%, or 87.66 points, since the first week of June.
Royal Nickel’s Dumont reaches feasibility
Royal Nickel (RNX-T) has something to cheer about with a positive feasibility study tabled on its large-scale Dumont nickel-sulphide project in Quebec’s Abitibi region, 25 km west of the city of Amos and 60 km northeast from the…
Seafield envisions a smaller mine at Miraflores
VANCOUVER — Seafield Resources (SFF-V) has an updated preliminary economic assessment (PEA) in hand for its multi-million ounce Miraflores gold-silver deposit situated 100 km south of Medellin, Colombia, and the Toronto-based junior has…