The market giveth and the market taketh away
The Big Board gave away what it gained for investors thus far this year. The TSX Composite Index was down 420 points to 12,331.85 for the April 1-5 period wiping out gains made over the last three months.
Articles by Northern Miner Staff
Poor jobs data torpedoes U.S. equities, Apr. 1-5
The S&P 500 hit an all-time closing high early in the trading week (1,570.25 on Apr. 2) but disappointing jobs data released on Apr. 5 sent the index down 1.0% for the week to 1,553.28. The Dow Jones closed down 0.10% at 14,565.25. The…
Tiger Resources ramps up operations in the DRC
VANCOUVER – The risk-reward tradeoff that permeates the Democratic Republic of Congo (DRC) is working out well for Tiger Resources (TGS-T, TGS-A): the Australian company has been producing copper from the first phase of its Kipoi project…
Bellhaven closes deal to expand Colombian footprint
Large tonnage deposits may not be the flavor of the month these days but Bellhaven Copper & Gold (BHV-V) is positioning itself to be in a prime position when investors swing back to a love affair with big gold deposits.
Kubi offers upside for PMI Gold
A month after PMI Gold (PMV-V) and Keegan Resources (KGN-T, KGN-X) called off their merger plans in February because it appeared unlikely that PMI Gold’s shareholders would approve the deal, drill results continue to identify anomalous gold at…
Teranga Gold signs new agreement in Senegal
Teranga Gold (TGZ-T, TGZ-A), which has been producing gold from its Sabodala open-pit gold mine in the Republic of Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on…
El Tigre pushes to process historic tailings to create cash for new exploration
VANCOUVER – Most junior explorers face the same quandary. They own a prospective project, or perhaps several, but have no sources of income, which means finding the funds to explore their prospective lands is a constant struggle.
Nevada Copper tops up coffers with Red Kite loan
VANCOUVER — Things continue to roll 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, Nevada. With a busy year…
Canada Lithium pushing to make first shipment
Canada Lithium (CLQ-T) is closing in on adding Canadian hard-rock production to the lithium market, although it is taking slightly longer than expected.
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 license for its high-grade Escobal silver deposit in southeast Guatemala — clearing a key hurdle in getting its…
Commentary: Far from home, but not from risk: OHS laws and Canadian workers abroad
In January, Islamic terrorists stormed a natural gas plant staffed by hundreds of Algerian workers and a number of foreign workers. The Algerian military intervened, bringing an end to the crisis, but in its aftermath workers from the U.S.,…
Editorial: CAR crash
Another year, another bloody coup in Africa. This time it’s the Central African Republic that’s reeling after an assault by Seleka rebels on the presidential palace in the capital Bangui in late March left dozens dead, including 13…