Mixed results for Ethos Gold’s first pass at Betty
VANCOUVER — The first drill program on Ethos Gold’s (ECC-V) Betty project in the Yukon has yielded both encouraging gold discoveries and numerous blanks.
Articles by Northern Miner Staff
Alexandria finds new gold in the same old place
Some places just never go out of style.
Iamgold not “bailing” on Ecuador
Headlines in the mainstream media that Iamgold (IMT-T) is giving up on Ecuador are fundamentally incorrect, Candace MacGibbon, president and chief financial officer of junior explorer INV Metals (INV-T), told The Northern Miner.
Guyana’s challenges may hold rewards for gold explorers
VANCOUVER — When it comes to unearthing gold in a youthful mining jurisdiction like the South American nation of Guyana, explorers are often faced with infrastructure-based speed bumps on the road to establishing an economic deposit. Both…
Venture hits new 52-week low in June 18-22 period
VANCOUVER — The S&P TSX Venture Composite Index sunk to a new low in the June 18 to 22 period, dropping 45 points to close at 1,206.03 points. The closing position puts the index at a new 52-week low and its lowest level since…
RCMP looks at Cardero’s activities in Ghana
Despite promising early results from its Sheini Iron Ore project in Ghana, Cardero Resources (CDU-T) could be facing some legal headaches over the project.
TSX drops on global growth concerns
It was a turbulent week for the Toronto Stock Exchange as the S&P/TSX Composite Index gained for three straight sessions before plummeting 351 points on June 21, the biggest one-day loss of the year. The next day the index recovered…
U.S. markets take another hit, Jun 18-22
News mid-week that the U.S. Federal Reserve will deliver more monetary stimulus by extending its program of selling short-term securities to buy longer-term ones in order to keep long-term borrowing costs down, was followed by a rash of…
Xstrata copes with civil unrest in Peru
As with many resource-rich developing countries, there can be tensions in Peru between pro-mining interests and affected local communities. Switzerland-based Xstrata (XTA-L) is stuck in the middle of such a dispute as regional…
Candente makes headway in Peru
On the last day of May, Peru’s Ministry of Energy and Mines granted Candente Copper (DNT-T) the permit it needs to complete drilling for its feasibility study on the Canariaco Norte project, a porphyry copper deposit about 700 km…
Yamana ramps up exploration at El Penon
Of Yamana Gold’s (YRI-T, AUY-N) $125-million budgeted for exploration this year — a 10% increase over 2011 — about $29.5 million, or 23%, is earmarked for northern Chile, where it owns 100% of the high-grade El Penon…
Lumina finds new zones at Taca Taca
New copper mineralization zones at the Taca Taca project failed to lift the share price of Lumina Copper (LCC-V) due to anti-Argentina sentiment in the wake of President Cristina Fernandez’s decision last month to nationalize…