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Articles by Northern Miner Staff
Extorre to stagger Cerro Moro’s buildup
Extorre Gold Mines (XG-T, XG-X) is looking to build its Cerro Moro gold-silver project in Argentina’s Santa Cruz province in two stages and halve its start-up costs, but it could see less metal production during the…
Rio Verde to secure $15M for key projects
Rio Verde Minerals (RVD-T) aims to add $15 million to its coffers to help fund exploration and development at its key potash and phosphate projects in northern Brazil, by selling its shares at a premium. The company announced a…
Prophecy Platinum sees promising signs at Wellgreen
Things keep rolling along for Vancouver-based Prophecy Platinum (NKL-V) at its flagship Wellgreen platinum group metals (PGM) and nickel project in the Yukon. The junior released a flurry of news to end May, including a maiden full-spectrum…
Thompson Creek CEO gives lowdown on Mt. Milligan
Denver-based molybdenum miner Thompson Creek Metals (TCM-T, TC-N) is bulling through a major expansion despite falling moly prices, temperamental equity markets and rising costs in a bid to diversify its commodity basket and provide long-term…
Commerce Resources’ Ashram REE project boasts $2.3B NPV
Commerce Resources (CCE-V) has outlined the financial case for its remote Ashram rare earth element (REE) project in a preliminary economic assessment (PEA).The company plans to extract 4,000 tonnes per day from an open pit at its northern…
Corvus hits more high grade at new Bullfrog target
The latest drill hole from the Yellow Jacket target at Corvus Gold’s (KOR-T) North Bullfrog gold-silver project in southern Nevada has returned more evidence of a high-grade feeder zone.The standout interval in hole 12-138 was 5 metres…
Editorial: When the fec hits the mining fans
To every enviro protest, there is a Four Seasons. Anti-mining street activism took a noxious turn in downtown Vancouver on May 24, as a luncheon — held at the Four Seasons hotel by the Canadian Institute of Mining, Metallurgy and…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 4 June 1 May 31 May 30 May 29 US$ in C 1.0418 1.0380 1.0349 1.0286 1.0253 …
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, June 1, 2012 Precious MetalsPrice…
U.S. Silver and RX Gold and Silver to merge
VANCOUVER — United States-focused junior precious metal producers U.S. Silver (USA-T) and RX Gold and Silver (RXE-V) have agreed to merge in an all-share deal to create a new company called U.S. Gold and Silver.
Sandspring soldiers on at Toroparu
VANCOUVER — It has been a rough year for junior explorer Sandspring Resources (SSP-V) as its share prices have plummeted 67% or $1.60 over the past 52-weeks to a low of 57¢ in early May.