Canadian economy looks good but TSX falls
The market continued to dash the hopes of bulls as the TSX Composite Index fell 293 points for the May 30 to June 3 despite some positive developments in the Great White North’s economy.
Articles by Northern Miner Staff
New lithium junior gets ready to explore (June 06, 2011)
Newly listed International Lithium (ILC-V) spent two years cherry picking projects, securing a strategic partner and fulfilling a plan of arrangement in May, and now is ready to get the drills turning on its lithium and rare metal properties.
U.S. markets post fifth straight week of losses
U.S. markets were closed for the Memorial Day holiday on May 30 and when they re-opened posted their fifth straight week of losses. Disappointing economic data confirmed the U.S. economic recovery has hit a soft spot, with the jobless rate…
Deseado Massif reveals more high grade discoveries (June 06, 2011)
Argentina’s Deseado Massif has seen ongoing precious metals exploration for close to 20 years, but junior explorers continue to demonstrate the area’s significant hidden potential.
NovaGold CEO chats progress, George Soros
NovaGold Resources (NG-T, NG-N) held its first live broadcast of the company’s annual general meeting of shareholders on May 25, with long-time Chief Executive Officer Rick Van Nieuwenhuyse providing a pleasing roundup of the company’s work…
Osisko warms to Threegold prospects
Two of Threegold Resources’ (THG-V) gold prospects in Quebec’s Abitibi region have showed up on Osisko Mining’s (OSK-T) radar this year.
Platinum Group Metals pushing forward on Western Bushveld (June 06, 2011)
In a sector dominated by old-school majors with ever-deepening mines, Platinum Group Metals (PTM-V, PLG-X) stands out as being anything but.
Editorial: Majors pour billions into Eastern Canada
It’s not as exciting as a mine built from scratch on a substantial mineral discovery, but the recent expansions announced by majors in eastern Canada all add up to significant economic activity.
Commentary: Don’t overlook U.S. tax consequences of cross-border mining investments (June 06, 2011)
Canadian-based mining companies investing in U.S. property need to be aware of various U.S. tax provisions that could affect their return on the future sale of this property.
People (June 06, 2011)
Anfield Nickel – Lyle Braaten appointed an independent director.
Market news (June 06, 2011)
Toronto Stock Exchange
Aurizon sees productive year despite tough quarter (June 06, 2011)
A combination of low grades and machine troubles led to a difficult quarter for gold miner Aurizon Mines (ARZ-T, AZK-X), but the company reports that it expects to return production to normal as it embarks on extensive exploration work.