Lucara to exit Mothae in Lesotho
Lucara Diamond (TSX: LUC; US-OTC: LUCRF) plans to sell its 75%-held Mothae diamond project in Lesotho after the project failed to meet the company’s investment criteria.
Volume 100 Number 48 Jan 12 - 18, 2015
U.S. equities drift lower, Dec. 29-Jan. 2
The Dow Jones Industrial Average and the S&P 500 Index climbed 1.4% and 0.9%, but the major indexes edged lower in the last trading week of the year, falling 1.2% and 1.5% in the following trading session. The Dow finished the week at…
Gold juniors that gained traction in 2014
It was another lacklustre year for gold and gold equities, with the spot price for gold dipping below 2013’s close and down 14% from the high reached in March 2014, to exit the year at US$1,182.90 per oz. Despite that dim backdrop, more…
Paramo could affect Eco Oro’s Angostura project
Eco Oro Minerals (TSX: EOM) has seen its shares climb in recent weeks, spurred by the Colombian government better defining the boundaries of an environmentally sensitive paramo ecosystem that is near the company’s Angostura…
Letter to the Editor: In Memoriam – Robert (Bob) George Baigent
To the Editor, Northern Miner,
TSX starts 2015 strong, Dec. 29-Jan. 2
Canada’s benchmark index exited the trading week in positive territory, helped by higher gold prices and mining stocks. The S&P/TSX Composite Index jumped 144.40 points to 14,753.65. It ended 2014 up 7.4% for the year, slightly below…
TSX Venture gains ground, Dec. 29-Jan. 2
The S&P/TSX Venture Composite Index kicked off the new year in the green during the trading period, gaining 4.8%, or 32.5 points, en route to a 706.82-point weekly close.
Energy Fuels kicks off 2015 with bid for Uranerz
In what will be its fifth acquisition since February 2012, conventional uranium producer Energy Fuels (TSX: EFR; NYSE-MKT: UUUU) hopes to pick up in-situ recovery (ISR) uranium producer Uranerz Energy (TSX: URZ; NYSE-MKT: URZ) in a friendly…
Silver Wheaton extends silver stream on Pascua-Lama
Given the unchanged prospects at Barrick Gold’s (TSX: ABX; NYSE: ABX) suspended Pascua-Lama gold-silver project in Chile and Argentina, Silver Wheaton (TSX: SLW; NYSE: SLW) has again amended its silver-stream agreement on the asset.
Revelo Resources courts big-name partners in Chile
VANCOUVER — It’s a new year and a new direction for junior Revelo Resources (TSXV: RVL). After a merger in late 2014 the newly minted company is aiming to leverage its exploration experience and expansive property portfolio in…
Commentary: China’s declining coal dependence
The latest energy-market numbers from the Chinese government show an acceleration of a remarkable phenomenon that emerged from 2012 to 2014. The bottom line today is that the traditional nexus between real gross domestic product (GDP) growth,…
Editorial: Oil dips below US$50 per barrel
Further sharp declines in oil prices to start 2015 are signalling that oil prices will be a major theme this year for miners.