SEC approves first copper-backed ETF
VANCOUVER – After a two-year regulatory battle, JP Morgan has won approval from the Securities and Exchange Commission (SEC) to launch an investment vehicle that tracks the price of copper.
Articles by Northern Miner Staff
Canaccord reflects on juniors
In its last issue of the year, Canaccord Genuity’s Junior Mining Weekly takes a look back at 2012 and offers predictions for what lies ahead in 2013.
Short Position Report
Short positions outstanding on Dec. 15/12 (with changes from Nov. 30/12).
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 continues to expand and de-risk the large gold project in Brazil, analysts say.
Semafo back on track after soggy summer
Semafo (SMF-T) is bouncing back from a tough third quarter, which saw production dip at its key mine in West Africa.
Berlin takes U3O8’s breath away
Revenue from by-products phosphate, vanadium and yttrium will more than pay for the mining and extraction of uranium oxide at U3O8 Corp.’s (UWE-T, UWEFF-O) Berlin project in Colombia, according to a preliminary economic assessment (PEA).
Goliad’s good to go in South Texas
Uranium Energy’s (UEC-X) Goliad in-situ recovery (ISR) project in the uranium belt of southern Texas has received its final permit and is fully authorized for production, which Haywood Securities analyst Colin Healey expects will take…
Market news: U.S. Markets
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets down, with the Dow Jones Industrial Average slipping 0.32%, or 4.49 points, to close at 1,413.58, while the S&P 500 Index lost 0.15%, or 20.12 points, to…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, December 18, 2012Precious MetalsPrice…
Primero snapping up Cerro del Gallo
Toronto-based gold producer Primero Mining (P-T, PPP-N) has waded into merger-and-acquisition waters with a friendly offer to buy Australian gold explorer Cerro Resources (CJO-V, CJO-A) in an all-stock deal worth US$120 million.
Brixton finds high-grade silver at Thorn in BC
Vancouver-based explorer Brixton Metals (BBB-V) can barely contain its excitement over the silver-equivalent grades it has been cutting at its Thorn pollymetallic project, 130 km southwest of Atlin in northwestern B.C. The company followed up…
Sunridge adds deposit at Asmara
Controlling a district rich with volcanogenic massive sulphides has its advantages.