First Majestic improves Del Toro’s prospects
First Majestic Silver (FR-T) is busy building its Del Toro silver project, which is set to become its fifth producing silver mine in Mexico with initial production expected by year end.
Articles by Northern Miner Staff
Commentary: Weighing Mexico’s security risks
Back in 2004 I attended an annual general meeting for a client that had acquired a gold-silver mine in Mexico. It was one of many Canadian juniors at the time who had managed to acquire small-scale mines with good expansion possibilities and,…
Harry Winston revises life-of-mine plan at Diavik
VANCOUVER — Canadian diamond miner Harry Winston (HW-T, HWD-N) has released a much-anticipated mine plan update for its joint-venture Diavik diamond operation 300 km northeast of Yellowknife, Northwest Territories. Harry Winston owns…
High-grade gold results lift Atac
Shares of Atac Resources (ATC-V) climbed nearly 10% after the prominent Yukon explorer released more results from its wholly-owned Rackla gold project, 55 km northeast of Keno City.
Update: Drilling at Martiniere boosts Balmoral
Shares of Balmoral Resources (BAR-V, BALMF-O) surged nearly 40% in the three trading days after the junior explorer reported results on Aug. 16 from its summer drill program at its flagship Martiniere property in Quebec.
Inmet, Franco-Nevada ink Cobre Panama deal
VANCOUVER — In a highly-anticipated move, base-metal producer Inmet Mining (IMN-T) has closed a financing deal with streaming company Franco-Nevada (FNV-T, FNV-N) worth US$1 billion in a bid to cover a funding shortfall at its…
Rocky times for Great Basin Gold
Technical and infrastructure challenges at Great Basin Gold’s (GBG-T, GBG-N) two principal projects hammered its revenues in the second quarter and the company says it faces a near-term liquidity crisis. A strategic review has been…
Venture rallies during Aug. 13-17 period
VANCOUVER — The S&P TSX Venture Composite Index rallied to its highest level since early July during the August 13 to 17 period, rising 42 points or 3.6% en route to 1,233.17 weekly close. Spot gold rose to US$1615.80 per oz. to…
TSX moves higher on Eurozone hopes, Aug. 13-17
The S&P/TSX Composite Index jumped 199 points or 1.7% during the Aug. 13-17 trading week to close at 12,089.89.
U.S. markets up for sixth consecutive week, Aug. 13-17
The Dow Jones Industrial Average and the S&P 500 posted gains for the sixth consecutive week, buoyed by comments from German Chancellor Angela Merkel that she supported the European Central Bank’s efforts to fight debt, and…
Alacer boosts production, stock rises
Alacer Gold (ASR-T, ALIAF-O) has wrung more production out of two of its gold mines, and in doing so, has made up for disappointing results from another.The company announced that second-quarter mine production results for its operations…
Endeavour bids for Avion
Endeavour Mining (EDV-T) plans to buy Avion Gold (AVR-T) in a $389-million all-stock deal to increase its foothold in West Africa, and expand its annual production to over 450,000 oz. gold in 2015. Endeavour will provide a US$20-million loan to…