Toronto Stock Exchange, June 3-7
It was a disappointing period for global markets and the S&P/TSX Composite Index reflected investors’ glum mood, falling 288 points to 12,737.30 points for the period.
Articles by Northern Miner Staff
Fortune favours a bold Fortuna Silver
Earlier this year Fortuna Silver Mines (FVI-T, FSM-N) bought a 55% stake in the Taviche Oeste concession surrounding its San Jose silver mine in Oaxaca, Mexico, from Pan American Silver (PAA-T, PAAS-Q) for US$4 million, with an option to pick…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 11, 2013 Precious MetalsPrice…
TSX Venture Exchange, June 3-7
Mixed global economic data caught up with S&P/TSX Venture Composite Index during the trading period, with the exchange dropping 1.14%, or 11 points, en route to a 951.40-point weekly close. Unexpectedly strong job numbers in Canada were…
Aureus takes a fresh look at New Liberty
Aureus Mining (AUE-T, AUE-L) has updated a definitive feasibility study for its fully permitted New Liberty gold project in northwestern Liberia, confirming promising economics for what could become the country’s first commercial…
Touchstone looks to score in Colombia
MEDELLÍN, COLOMBIA — Junior explorer Touchstone Gold (TCH-T, TGL-L) believes its Segovia high-grade gold project in northwestern Colombia is one of the more exciting mining stories coming out of the country, which over the…
Mediterranean’s Ecclestone sees money in antimony
Mediterranean Resources (MNR-T) is best known for advancing gold deposits in northeastern Turkey, but the junior also has its eye on the antimony market. This week it picked up two past-producing deposits of the metal in Spain and has plans to…
Editorial: Fruitless del Norte
Kinross Gold’s abandonment of the Fruta del Norte gold project in the face of an obstinate Ecuadorian government is a sad end to what could have been a wonderful, mutually beneficially relationship between Canadian miners and their…
Short Position Report
Short positions outstanding at May 31/13 (with changes from May 15/13).
Brazil production in sight, Carpathian says
Gold production at Carpathian Gold’s (CPN-T) Riacho dos Machados project in Brazil will start at the end of the third quarter of this year, making the Toronto-based junior the South American nation’s newest producer of the metal.
NGEx wraps up campaign with high-grade hit
VANCOUVER — Copper explorer NGEx Resources (NGQ-T) capped off a busy drill season in April, with the Vancouver-based company completing 44,000 metres over a promising property package that straddles the Chile-Argentina border, southeast…
Correction
The story “Geoscience B.C. lures stakers to North Vancouver Island” (T.N.M., June 3–9/13) incorrectly stated the mineral resource for NorthIsle Copper and Gold’s Hushamu deposit. In fact, Hushamu contains an indicated…