TSX Venture posts strong gains, June 6-10
The S&P/TSX Venture Composite Index jumped 3.2%, or 21.87 points, to a 715.59-point close, as gold prices climb towards four-week highs. Spot gold gained 2.4%, or US$30.04, to a US$1,274.24…
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PwC’s Top 40 sees many ‘firsts’ in 2015 — most of them bad
Last year, the mining companies on PwC’s Top 40 list, measured by market cap, chalked up their first-ever collective net loss of US$27 billion and their lowest return on capital…
The Northern Miner podcast – episode 16: Story time with Lesley and gold rises
The Northern Miner introduces ‘Story Time with Lesley’, wherein we share some entertaining tales from the field, with additional coverage on Lundin Gold‘s (TSX: FUG; US-OTC: FTMNF) Fruta Del Norte project…
TSX edges lower, June 6-10
Canada’s unemployment rate in May fell to 6.9%, its lowest level since July 2015, but the news was tempered by worries about slowing global economic growth and concerns that Britain…
Letter to the editor: People in our biz should see Koneline film
I saw KONELĪNE: Our land beautiful this afternoon at the Bloor Cinema in Toronto with a few geo and non-geo friends. (See film review. The Northern Miner is co-presenter of the…
Wall Street mixed, June 6-10
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34, while the S&P 500 Index…
Fortuna scooping up Goldrock for US$101M
VANCOUVER — Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has been on the lookout for an acquisition in the Americas, and it found a fit in Goldrock Mines (TSXV: GRM; US-OTC:…
Orex, Canasil strike again at Sandra Escobar
VANCOUVER — Partners Orex Minerals (TSXV: REX; US-OTC: ORXIF) and Canasil Resources (CVE: CLZ) have ignited a discovery at their Sandra Escobar silver project, 183 km northeast of the city…
Nautilus probes for more in Central Pacific
VANCOUVER — There’s an ocean of opportunity for aspiring seafloor miner Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) at its wholly owned, polymetallic nodule project within the Clarion-Clipperton fracture zone (CCZ)…
Ur-Energy trims workforce, annual output
Ur-Energy (TSX: URE; NYSE-MKT: URG) has cut both its workforce and annual production guidance, amid the depressed uranium prices. Ur-Energy recently announced that it has eliminated 12 employees, or 15% of…
Silver Bear moving swiftly to develop Vertikalny Central
Since the end of last year, shares of Russia-focused Silver Bear Resources (TSX: SBR) have soared from 1.5¢ to 24¢ apiece. “That’s more than a tenfold increase in the last six months…
Atac eyes road access to Tiger gold deposit in the Yukon
VANCOUVER — Explorer Atac Resources (TSXV: ATC; US-OTC: ATADF) thinks its high-grade Tiger oxide gold deposit could offer significant start-up cash flow for a large-tonnage operation at its massive Rackla project,…