Ecuador pushes for mining investment at PDAC
Ecuador’s new mines minister Javier Cordova has only been on the job since February, but he knows that the country’s infamous windfall profits tax is unpopular with miners.
Volume 101 Number 8 Apr 6 - 12, 2015
Dynacor’s milling strategy pays exploration costs
At a time when many junior companies are dropping like flies, Dynacor Gold Mines (TSX: DNG: US-OTC: DNGDF) generates about US$700,000 to US$800,000 in cash flow per month, has about US$13.5 million in the bank, no debt, and plans to…
Timberline options 1M oz. Talapoosa gold project in Nevada
Since taking the helm of Timberline Resources (TSXV: TBR; NYSE-MKT: TLR) on Jan. 1, Kiran Patankar has wasted little time getting to work and enlarging the junior’s footprint in Nevada.
Innovation key to solving mining sector woes
Miners are facing a more complex and difficult business environment than ever, with the pressures of rising costs, declining commodity prices, and rising social and investor demands.
Claude Resources turns things around at Seabee
Claude Resources’ (TSX: CRJ; US-OTC: CLGRF) flagship Seabee gold mine in northeastern Saskatchewan has produced more than 1 million oz. gold since it started commercial production in December 1991. Its Santoy mine complex, 14 km east of…
Integra punches above its weight with 50,000-metre program
With eight drill rigs on-site at its Lamaque South project just east of Val-d’Or, Que., and 20,000 metres of drilling already completed this year, Integra Gold (TSXV: ICG; US-OTC: ICGQF) stands out as being one of the most active…
‘Gold not losing its shine yet,’Barclays says
The era of double-digit growth in demand for metals is over, as China’s economy moves from investments in fixed asset growth and industries that are metal-intensive towards domestic consumption and the service sector, Barclays Bank states…
SouthGobi Resources loses appeal in Mongolian tax case
In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but…
Adamera envisions a golden future in Washington
VANCOUVER — Explorer Adamera Minerals (TSXV: ADZ; US-OTC: DDNFF) is hoping to contribute to a long history of gold mining in the prolific Cook Mountain district in northern Washington state. The region hosts Kinross Gold’s (TSX: K;…
Interview: Ecuador Minister of Strategic Sectors confident on country’s prospects
Following our interview with Ecuador’s Mining Minister Javier Cordova at the recent Prospectors & Developers Association of Canada convention (PDAC), The Northern Miner interviewed Ecuador’s Minister of Strategic Sectors, Rafael…
Lake Shore looks for another home run in 2015
Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) is checking off all the boxes when it comes to a junior producer with gold assets in a safe mining jurisdiction that is generating free cash flow, has manageable debt and an exciting growth potential,…
U.S. equity indexes pulled lower, March 23-27
As Saudi Arabia took military action against Houthi rebels in Yemen, U.S. equity indexes dropped and gold rose. The Dow Jones Industrial Average lost 2.3%, falling to 17,712.66, and the S&P 500 Index declined 2.2% to 2,061.02. Spot gold…