Newmont sees rough road this year
Newmont Mining (TSX: NMC; NYSE: NEM) had a good year in 2013, but it’s bracing for challenges ahead.
United States
Coeur’s 2014 production guidance causes concern
Coeur Mining (TSX: CDM; NYSE: CDE) has missed its 2013 silver production guidance, but delivered more gold than expected, helping it meet its silver-equivalent target. But some analysts are grumbling over the company’s…
Carlin-style gold aplenty for ATAC in the Yukon
KENO CITY, YUKON — ATAC Resources (TSXV: ATC) has discovered nine gold zones in four years, many of which offer high grades. That alone is impressive, but the kind of gold ATAC is uncovering in the eastern Yukon is equally…
NovaCopper prepares for a big year
NovaCopper (TSX: NCQ; NYSE-MKT: NCQ) will be coming out with an updated resource estimate for its Bornite carbonate-hosted copper deposit in northwestern Alaska before the end of March, and expects to kick off a prefeasibility study of Arctic,…
Macquarie’s musings on M&A, gold in 2014
Analysts in the Toronto, Vancouver and London offices of Macquarie Equities Research are forecasting more consolidation in the mining industry this year, especially amongst producers, and calculate that the average premium paid in 15 mergers…
ITH names new CEO, cuts staff to lower costs
Vancouver-based International Tower Hill Mines (TSX: ITH; NYSE-MKT: THM) is shuffling its senior management while trimming its workforce, to conserve cash while advancing its rather expensive Livengood gold project near Fairbanks,…
Editorial: Takeover bids, real and imagined
It’s been a tough couple of years for the gold-mining industry, so some much-needed comic relief came along at just the right time in mid-January in the form of a purported unsolicited, all-cash, $7.50-per-share bid for U.S. gold miner…
UPDATE: Chinese firm retracts takeover bid for Allied Nevada Gold
A private Chinese exploration and development company that claims to own three gold mines in China valued at about US$15 billion and also operates assets in the rare earths sector has retracted a press release issued this morning stating…
Allied Nevada clears out worrisome covenants
Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) has gained some wriggle room as it pushes into the new year with a lofty plan to expand its flagship Hycroft mine in Nevada.
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…
Commentary: Global mining M&A and investment in 2013
Like in any industry, supply-demand imbalances in mining products are at the root of dramatic price fluctuations and market upheavals. This is what has been happening in the mining industry in 2013: market imbalances have led to rock bottom…
Wildcat touts manganeseupside at Hermosa in Arizona
VANCOUVER — The full picture is coming into focus for Wildcat Silver (TSXV: WS; US-OTC: WLDVF) at its flagship Hermosa polymetallic project, 80 km southeast of Tucson, Ariz. Though the company has released two preliminary economic…