Eike Batista’s boom and bust
VANCOUVER — How do you turn US$35 billion into less than US$400 million in 18 months?
2014
Commentary: Rob McEwen on the outlook for 2014
Rob McEwen, chairman and chief owner of McEwen Mining, shared his thoughts with The Northern Miner about the outlook for the mining industry in 2014. McEwen Mining’s principal assets consist of the San Jose mine in Santa Cruz, Argentina…
Marlin Gold and GoGold Resources covet Santa Gertrudis
The Santa Gertrudis gold project — 180 km north of Hermosillo, in Mexico’s Sonora state — was discovered by Phelps Dodge in 1986 and advanced to open-pit, heap-leach production in 1991.
Interview: Fission’s Ross McElroy on the PLS uranium discovery
Last week, we awarded our “Mining Persons of the Year” for 2013 to Fission Uranium (TSXV-FCU) president and COO Ross McElroy and chairman and CEO Dev Randhawa. This week we interview McElroy, and next week, Randhawa, on their careers, Fission…
Argonaut Gold wraps up Magino study
Argonaut Gold (TSX: AR; US-OTC: ARNGF) has completed a prefeasibility study (PFS) based on 40% of a 2013 resource estimate for its Magino property, 40 km northeast of Wawa, Ont. The PFS excludes underground and surface drilling data prior to…
Toronto Stock Exchange, Dec. 16-20
The S&P/TSX Composite Index jumped 273.90 points, or 2%, to 13,399.60 during the trading week after the U.S. Federal Reserve said it would trim its monthly bond-buying program by US$10 billion to US$75 billion, starting in January….
Will private equity save the mining sector?
With the mining sector in its third year of a painful downturn, a collective realization is setting in that business as usual isn’t going to cut it anymore.
Editorial: Silvercorp’s short-seller headache
The murky and often frivolous world of financial blogs showed its serious side in mid-December.
TSX Venture Exchange, Dec. 16-20
The S&P/TSX Venture Composite Index dropped 6.29 points during the trading sessions en route to closing at 888.18. Markets reacted positively late in the trading period after the U.S. Federal Reserve opted to modestly cut its bond-buying…
Mark O’Dea’s True Gold proves Karma’s potential
VANCOUVER — True Gold Mining (US-OTC: RVREF) can turn its Karma gold project in Burkina Faso into an open-pit heap leach mine generating strong returns for just US$131.5 million, according to a new feasibility study.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, December 24, 2013Precious MetalsPrice…
U.S. markets, Dec. 16-20
American markets continued their historic march for the period, with year-end selling not yet taking hold. The Dow Jones Industrial Average was up 462 points to 16,221.14 points, The S&P 500 was up 41 points to 1,818.32 and the Nasdaq…