Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, May 28, 2013 Precious MetalsPrice…
Articles by Northern Miner Staff
Partners prove up copper potential at Pyramid project
VANCOUVER — It took less than three years and only 30 holes for Full Metal Minerals (FMM-V) and Antofagasta (ANTO-L) to define a resource at their Pyramid project in Alaska that contains more than 1.3 billion lb. copper, as well as…
Energy Fuels to buy Strathmore for its uranium resource
Leading U.S. uranium producer Energy Fuels Resources (EFT-T) is eyeing Strathmore Minerals’ (STM-T) nearby uranium projects in a move to boost its resources and improve operations.
Short Position Report
Short positions outstanding on May 15/13 (with changes from Apr. 30/13).
UPDATE2: Grasberg tunnel collapse kills 28
Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.
Commentary: Proposed regulatory changes for venture issuers could cut red tape
Over the past decade, we’ve seen a push for increased rigor and disclosure in capital markets. This is a natural response to the chaos in the aftermath of the global financial crisis. Regulators have responded to investor concerns by…
Centerra’s shares jump on unexpectedly strong Q1
VANCOUVER — There are quite a few moving pieces at Toronto-based Centerra Gold’s (CG-T) flagship Kumtor gold mine in Kyrgyzstan. But despite some uncertainty, the company was able to register a strong first quarter that includes…
Juniors like Coro face tough choices
Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.
Kaminak drills for more mineralization at Coffee
VANCOUVER — With every drill hole it punches into the ground, Kaminak Gold (KAM-V) is connecting the dots at its Coffee gold project in the Yukon.
North American Palladium disappoints, gets punished
North American Palladium (PDL-T, PAL-N) failed to impress with its latest quarterly results, and, given the prevailing bearish sentiment towards mining stocks, the company’s shares felt the full weight of the market’s…
Editorial: Clash of the Titans
Canadians trying to make sense of what’s going on in the upper echelons of the newly merged Glencore Xstrata are getting a feel of what it must have been like to be an ancient Greek peasant looking up at his distant panoply of…
Drilling returns more silver and gold at Fortuna’s mines
VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising…