TrueGold makes good first impression
Riverstone Resources’ name change seems to be doing the trick.
Articles by Northern Miner Staff
Rio Alto rises on La Arena drilling
VANCOUVER – With its La Arena gold mine having just completed its first year of commercial production, Rio Alto Mining (RIO-T) is finding time to probe some nearby exploration targets and results from the first set of holes are promising.
PDAC: Survival tips for juniors
In a market, where majors are struggling to perform, there seems little hope that juniors will weather the storm, making strategies to survive a popular theme at this year’s Prospectors and Developers Association of Canada (PDAC)…
First Quantum’s annual profit hit by lower copper prices
VANCOUVER — Despite a 16% year-on-year jump in copper production Vancouver-based First Quantum Minerals (FM-T, FQM-L) told a familiar story during an annual report on its 2012 fiscal year: falling average realized copper prices and rising…
“This is the beginning of the African decade,” says Robert Friedland
Shares of Ivanplats (IVP-T) began trading on the Toronto Stock Exchange in October 2012, but the company, founded by Singapore-based mining entrepreneur Robert Friedland, has been exploring in Africa since 1994. Today Ivanplats has discoveries…
Firestone charts cheap, quick path to production in Guatemala
VANCOUVER – There’s only five years of defined ore at Torlon Hill but a preliminary economic assessment (PEA) of the zinc-lead-silver project in Guatemala suggests owner Firestone Ventures (FV-F) could build a mine at the site that would…
U.S. markets rise; miners lag
Equities continued to be the destination for large capital flows south of the border as all three of the U.S.’s most watched indices were higher for the Feb. 25 to March 1 period.
Short Position Report
Short positions outstanding at Feb. 28/13 (with changes from Jan. 31/13). TSX Short Positions …
Toronto Stock Exchange, Feb. 25 – Mar. 1
Toronto’s main index rose during the trading week amid strong jobs data. The S&P/TSX Composite Index gained 224 points to 12,540.81, as Statistics Canada reported that nearly 40,000 job were added in December. Canada’s…
TSX Venture Exchange, Feb. 25 – Mar. 1
The S&P/TSX Venture Composite Index curbed its decline despite tepid economic data from China, and concern over U.S. government spending cuts. The index dropped 11 points, or roughly 1%, en route to close at 1,133.36.
U.S. Markets, Feb. 25 – Mar. 1
Equities were the destination for large capital flows south of the border, with the Dow Jones Industrial Average up 253 points to 14,253.77 points, the S&P 500 Index up 24 points to 1,539.79 and the Nasdaq Composite Index up 44 points to…
SilverCrest beefs up Santa Elena
Three important bits of information came out of SilverCrest Mines’ (SVL-V, SVLC-X) latest drill results from its Santa Elena project in Mexico.