Shopping for stocks at PDAC
With junior miners struggling for financing, many market watchers have concluded that it’s a buyer’s market — but only if investors can distinguish the quality companies from the ones that won’t last another year or two.
Articles by Northern Miner Staff
Colt gets mining licences for its tungsten, gold projects
Montreal-based explorer Colt Resources (GTP-V) tumbled to a 52-week low after announcing it received two experimental mining licences that allowed it to advance its tungsten and gold exploration projects in Portugal. It likely wasn’t the…
Delaney: Resource extraction to be more costly, difficult
In a speech on the state of the global mining industry, Ian Delaney, chairman of Sherritt International (S-T), stated that the world has entered an era of resource scarcity, in which most large-scale, high-grade deposits have already been…
Toronto Stock Exchange, Feb. 18-22
The S&P/TSX Composite Index advanced during the trading week, adding 15 points to end at 12,701.63, while the other indexes didn’t fare as well.
TSX Venture Exchange, Feb. 18-22
The S&P/TSX Venture Composite Index dropped 3.5%, or 40.97 points, during the trading period before closing out the week at 1,144.68, while declining commodity prices put downward pressure on Canadian markets.
Commentary: The cyclicality of global mining executive pay
Mining is an unpredictable business, but it’s still cyclical in nature. In good and bad times, the industry faces new, unique challenges, and nowhere is this more evident than in executive compensation.
A giant stirs in Bougainville
PANGUNA, BOUGAINVILLE — After more than 20 years in limbo, the small Papua New Guinea island of Bougainville is closer than ever to reopening the infamous Panguna mine.
Barrick takes US$3.8B writedown on Lumwana
VANCOUVER — Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-T, ABX-N) hoped it would be.
Excalibur looks to pull gold from Mexican stone
SAN LUIS POTOSI, MEXICO — Cylindrical brick stacks poking out of the barren hillsides can be seen from miles away. But curiously, they don’t attach at the base to any grand warehouse or factory.
Osisko marches ahead at Canadian Malartic
Osisko Mining (OSK-T) foresees better days ahead at its flagship 100%-owned Canadian Malartic gold mine in the town of Malartic, west of Val-d’Or, Que.
Commentary: Gold mines and gravestones in the Sahara
When an African gold-mining operation ran up against unusual rock formations that according to local rumours might be human graves, a religious ruling forced mine expansion plans to be put on hold.
Commentary: Prepping for PST in BC
April 1 is fast approaching, and B.C. mining companies are bracing for the change back to a 5% federal goods and services tax (GST), and a 7% provincial sales tax (PST).