Gold Standard Ventures makes oxide discovery
Geologists at Gold Standard Ventures (TSXV: GSV; NYSE-MKT: GSV) could be on the brink of another major discovery in the Carlin trend.
Articles by Northern Miner Staff
Timmins Gold to close San Francisco mine next year
Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is now planning to suspend mining in mid-2016 at its only operating asset — the San Francisco heap-leach gold mine in Mexico’s Sonora state — moving up the date from 2022 in response to…
TSX hit by low commodity prices, Nov. 6-12
Canada’s benchmark index posted a triple-digit loss on the back of lower crude and metal prices. The S&P/TSX Composite Index fell 3%, or 431.6 points to 13,127.18 — its lowest level in over six weeks. The S&P/TSX Capped…
Kinross’s scaled-down expansion plan at Tasiast
Kinross Gold (TSX: K; NYSE: KGC) is working on a two-phase, alternative expansion plan at its Tasiast gold mine in Mauritania to turn the asset into a profitable operation.
Editorial: Copper, iron, oil, gold prices all head south
Miners across the globe gritted their teeth in mid-November as commodity prices slumped further, continuing a decline that began more than a month ago.
TSX Venture hits four-week low, Nov. 6-12
The S&P/TSX Venture Composite Index lost 1.9%, or 10.35 points, as commodity futures struggled and overseas economic growth remained stagnant. The Chinese government reported underwhelming data that indicates deflationary pressure in the…
Kinross, Waterton scoop up Nevada properties from Barrick
Kinross Gold (TSX: K; NYSE: KGC) and private-equity firm Waterton Global Resource Management are the latest bargain hunters to find something they like at Barrick Gold’s (TSX: ABX; NYSE: ABX) year-long sale emporium. On Nov. 12 Barrick…
Low gold prices in Q3 fuel rise in demand
The following is an edited summary of the World Gold Council’s Gold Demand Trends report for this year’s third quarter. For the full report, please visit www.gold.org.
Supplier news: Finning cuts 1,100 jobs amid sales slump
Citing weak sales, Caterpillar (NYSE: CAT) dealer Finning International (TSX: FTT; US-OTC: FINGF) announced it would cut its global workforce by 1,100 people, or 8%.
Supplier news: Finland approves construction of world’s first nuclear waste repository
The Finnish government has granted the construction permit for nuclear waste specialist Posiva to build the world’s first final disposal facility for spent nuclear fuel.
Aluminum cuts deepest for facilities in US
Alcoa (NYSE: AA) is idling three of its four U.S. aluminum smelters, taking out annual capacity of 500,000 tonnes of aluminum and 1.2 million tonnes of alumina to curb costs, amid low prices.
High-grade shear zones a ‘game changer’ for Integra
Diligence is paying off for gold explorer Integra Gold (TSXV: ICG; US-OTC: ICGQF) in the prolific Val-d’Or gold mining camp, as a steady drill program has allowed the company to upgrade resources at its Triangle Zone gold deposit, 2.5 km…