U.S. stocks close in the red, Dec. 24-28
U.S. stocks ended the holiday shortened Dec. 24–28 trading week in the red as certainty that a deal will be made to avoid the fiscal cliff wavered.
Articles by Northern Miner Staff
Centerra gets more headaches in Kyrgyzstan, puts more capital into Turkey
Centerra Gold (CG-T) is going all-in on a small Turkish gold project, just as it prepares to endure more tough times at the world-class Kumtor gold mine in Kyrgyzstan. Issues at Kumtor have been ongoing, with talk concerning nationalization of…
SEC approves first copper-backed ETF
After a two-year regulatory battle, J.P. Morgan Chase (JPM-N) has won approval from the U.S. Securities and Exchange Commission (SEC) to launch an investment vehicle that tracks the price of copper.
Coeur to take 100% of Joaquin
Some mining companies find it tough in Argentina — and particularly in less mining-friendly provinces like Chubut — where the provincial government has proposed higher taxes and royalties. And even in more benign, mining friendly…
Kaminak tallies 3.2M oz. gold in Yukon
The final stretch of 2012 was promising for for shareholders of Vancouver-based explorer Kaminak Gold (KAM-V). The company saw its share price rise 44% since Dec. 10 — jumping 44¢ before closing the week at $1.43 per share. Kaminak…
Belo Sun’s Volta Grande on M&A radar
Belo Sun Mining’s (BSX-T) Volta Grande could become a potential acquisition target, as the Toronto-based firm expands and derisks the large gold project in Brazil, analysts say.
Market news: Toronto Stock Exchange
The holidays brought cheer to Canadian investors, and the S&P/TSX Composite Index was up 54 points to 12,433.53 for the period, with equities still climbing at press time.
Market news: TSX Venture Exchange
Christmas holidays kept things fairly quiet on the S&P/TSX Venture Composite Index over the trading period, though the board notched small gains each day to end the session up 24.1 points at 1,201.84. Trading volumes were subdued, averaging…
Market news: U.S. Markets
U.S. stocks ended the trading week in the red, as expectations that a deal would be made to avoid the fiscal cliff temporarily wavered.
Canada Lithium starts mine commissioning
Canada Lithium (CLQ-T) is commissioning the open pit and processing plant at its Quebec Lithium mine near Val-d’Or, Que., with first production of spodumene concentrate expected shortly, followed by lithium carbonate output early this…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankWednesday, January 2, 2013Precious MetalsPrice…
EMED perseveres at Rio Tinto in Spain
The Rio Tinto copper mine in southwest Spain has been mined for thousands of years, and modernizing it might be a challenge.