TSX Venture stumbles, Oct. 22-26
VANCOUVER — The S&P TSX Venture Composite Index dropped 14.78 points or 1.1% during the Oct. 22-26 trading sessions before closing the week at 1,300.84 points.
Articles by Northern Miner Staff
Eldorado battles Q3 costs in China
Eldorado Gold (ELD-T, EGO-N) forecasts gold production this year from its operating mines in China, Turkey, Greece and Brazil will reach 660,000 ounces at cash operating costs of US$465 per oz.
TSX ends flat during Oct. 22-26 week
Toronto’s resource-heavy index had a lacklustre Oct. 22-26 trading week, where upbeat economic data from the U.S. failed to propel the markets.
U.S. equity markets tank, Oct. 22-26
GDP growth in the U.S. increased at an annual rate of 2% in the third quarter, up from 1.3% in the second quarter, but earnings disappointments from a slew of U.S. multinational companies, including Apple, and worries about slowing…
Short-term exec optimism returns: MRG Survey
The following is an edited summary of findings from the Mining Recruitment Group’s latest executive survey, which was distributed during the first week of October and completed by 125 mining leaders.
Four greats to enter Canadian Mining Hall of Fame
The Canadian Mining Hall of Fame will welcome four new inductees at its twenty-fifth annual induction dinner on Jan. 10, 2013, at the Fairmont Royal York Hotel in Toronto. The new inductees are Charles E. Fipke, Gerald W. Grandey, Pierre…
Canada Lithium to kick off production in 2013
Canada Lithium (CLQ-T) has raised its game with an updated feasibility study for its Quebec Lithium mine, showing the project is on track to start producing in 2013 and rake in better returns, triggering analysts to lift their price…
American Vanadium’s evolution fuelled by technology gains
Just under two years ago, Vancouver-based American Vanadium (AVC-V) envisioned itself as a specialty-metals miner. The company had planned to put its 100%-owned Gibellini vanadium deposit situated 400 km east of Reno in central Nevada into…
Critical Elements banks on Rose’s tantalum and lithium
“You know, when you find a mine in your life, you are lucky,” says Jean-Sébastien Lavallée, president and CEO of Critical Elements (CRE-V), which is advancing a bankable feasibility study on the Rose tantalum-lithium…
Argex aims to produce titanium near Baie-Comeau
Montreal-based Argex Titanium (RGX-V) is having a great year. The company’s shares have surged 142% over the past 10 months as the company has moved its proprietary solvent-extraction system towards commercial viability.
MBAC advances shallow REO deposit in Brazil
Toronto-based MBAC Fertilizer (MBC-T, MBCFF-O) has carved out a near-surface and high-grade rare earth oxide deposit that includes niobium and phosphate in the municipality of Araxa in Brazil’s Minas Gerais state and plans to complete a…
Malaga plummets after production halt
Malaga (MLG-T) shares lost a third of their value after the company suspended production at its Pasto Bueno tungsten plant in Peru, as it wrestles to keep costs down following a recent power outage at its underground operation.