Toronto Stock Exchange, April 8 – 12
It was a bumpy ride for the resource-heavy TSX during the trading week as the gold price tumbled.
Articles by Northern Miner Staff
TSX Venture Exchange, April 8 – 12
The S&P/TSX Venture Composite Index followed commodities downward during the trading period, dropping 1.8%, or 19.24 points, en route to a 1,022.61-point weekly close.
U.S. markets, April 8 – 12
U.S. equity indexes rose four days in a row, with the Dow Jones Industrial Average and the S&P 500 posting new closing highs on April 11.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, April 6, 2013Precious MetalsPrice…
Lumina’s Taca Taca shows robust economics
A preliminary economic assessment of Lumina Copper’s (LCC-V) enormous Taca Taca project, among the world’s top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax…
Bears slam gold price
Gold bugs have been taking a beating of late, and it just seems to be going from bad to worse. The gold price entered official bear territory to close out the trading week, and then began the week by falling even further on panic selling.
Rainy River hits feasibility milestone
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as “low risk and very high return.”
Sandspring bolsters Toroparu economics
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous…
Tahoe eyes the finish line at Escobal
Tahoe Resources’ (THO-T, TAHO-N) investors have something to cheer about, as the company received the final mining licence for its high-grade Escobal silver deposit in southeast Guatemala — clearing a key hurdle in getting its…
Nevada Copper tops up coffers with Red Kite loan
VANCOUVER — Things are rolling along for Vancouver-based Nevada Copper (NCU-T) at its development-stage Pumpkin Hollow iron oxide-copper-gold project, 13 km southeast of the picturesque town of Yerington, Nev.
Kivalliq has big plans for 2013
When it comes to junior uranium exploration and development companies, Kivalliq Energy (KIV-V) is the top pick of mining analysts at brokerage house Raymond James.
More trouble at Pascua-Lama
Investors are getting tired of complications at Barrick Gold’s (ABX-T, ABX-N) Pascua-Lama gold project, which is perched high up in the Andes, but not so removed from the earthly troubles of cost overruns and environmental challenges.