Labrador Iron Mines falls on hard times
Despite having the distinction of being Canada’s newest and only independently owned iron ore producer Labrador Iron Mines’ (LIM-T) has been on a rough ride over the last while.
Articles by Northern Miner Staff
Updated resource pushes Continental Gold higher
Shares of Continental Gold (CNL-T) surged $1.09 or 12% to $9.90 apiece with more than six million shares changing hands on news of an updated resource estimate for the company’s Buriticá project in Antioquia, Colombia.
TSX Venture treads water Sept. 24-28
VANCOUVER — The S&P TSX Venture Composite Index fell 0.83% or 11.21 points during the Sept. 24 – 28 trading period before closing the week at 1,334.51 points. Mixed news from the European Union dampened optimism over a third…
TSX off slightly on recession fears
Growing concern over the possibility of another recession on the horizon had the TSX Composite Index following global markets as it fell 235 points to 12,317.46 points for the Sept.24-28 period.
Update: OceanaGold nears commissioning at Didipio
After the financial crisis derailed the Didipio gold-copper project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…
Constrained copper supply spells trouble
There won’t be enough copper to meet Chinese demand by the middle of the next decade, Adrian Day, president of Adrian Asset Management in London, told a group of investors at The Cambridge House conference last week in Toronto.
US stocks tumble as the QE3 effect fades, Sept. 24-28 week
U.S. stocks slipped during the Sept. 24-28 trading week as the economic situation in Europe appeared to worsen and a third round of quantitative easing in the U.S. seemed to lose its magic, re-igniting concerns about economic growth.
Blackwater PEA drives New Gold higher
A preliminary economic assessment of New Gold’s (NGD-T) Blackwater gold project in central B.C., 112 km southwest of Vanderhoof, suggests it should generate robust economic returns, even at a gold price that is US$500 per oz. below where…
Editorial: South Africa on the brink?
Post-apartheid South Africa has provided duelling optimists and pessimists with plenty of fodder to back up their long-standing positions. There have been unabashed triumphs — such as the country’s avoidance of Zimbabwe-style…
Commentary: The new US rules for ‘conflict minerals’ and their impact on miners
On Aug. 22, 2012, the U.S. Securities and Exchange Commission adopted a final rule establishing new disclosure and reporting obligations on companies whose products contain so-called “conflict minerals.” This new disclosure requirement will…
Metals, mining, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 25, 2012Precious MetalsPrice…
Hennigh’s grand gold vision in Western Australia
When it comes to early stage exploration, it is not unusual to hear about big ideas and regional plays. But when Quinton Hennigh focused on a theory for the better part of a decade with prolific Australian prospector Mark Creasy, the wheels got…