TSX Venture falls, Oct. 19-22
The S&P/TSX Venture Composite Index fell 1.6%, or 8.96 points, to close at 547.8 points, as gold prices dropped 1.8%, or US$21.4, before closing at US$1,166.1 per oz. gold, and US/CAD gained 1.7% to C$1.30.
Articles by Northern Miner Staff
TSX climbs higher, Oct. 19-22
The Toronto stock market ended higher as investors took in prime minister-designate Justin Trudeau’s majority win in the federal election. Canada’s new prime minister promises to invest heavily in infrastructure, among other areas,…
Interview: Lundin Gold CEO bullish on Fruta del Norte
QUITO, ECUADOR — Lundin Gold’s (TSX: LUG; US-OTC: FTMNF) president and CEO Ron Hochstein sat down with The Northern Miner to discuss how he sees the prized Fruta del Norte gold project in Ecuador advancing in the months and years…
US equities rise, Oct.19-22
U.S. stocks climbed on the back of strong housing figures for September; better-than-expected earnings from major companies like eBay, Microsoft and Amazon; and signs that the European Central Bank would consider more stimulus measures to boost…
Site visit: Barkerville reborn after ‘massive housecleaning’
WELLS, B.C. — Emerging in July 2013 from an 11-month cease-trade order issued by the B.C. Securities Commission stemming from a questionable resource estimate, Barkerville Gold Mines (TSXV: BGM) was left facing a severe cash…
Exclusive interview: Ecuador gov’t, Lundin Gold close to Fruta del Norte deal
QUITO, ECUADOR — Ecuador’s Minister of Mines, Javier Cordova, says his government is close to agreeing to fiscal terms with Lundin Gold (TSX: LUG) with respect to its Fruta del Norte gold project in the country’s southeast.
Star Mountain buys shuttered zinc mine from Hudbay
Star Mountain Resources (US-OTC: SMRS) is acquiring a past-producing zinc mine and concentrator in New York state, which the company says will catapult it from explorer to producer in less than a year.
Editorial: What to expect from a Liberal government in Canada
The stunning return of the Liberal Party of Canada to majority status in the federal election held Oct. 19 surprised most people in Canada, who had expected at best a surge to minority government from third place behind the ruling Conservative…
Alamos bids $28.5M for Carlisle
Alamos Gold (TSX: AGI; NYSE: AGI) is offering to buy the shares it doesn’t already own in Carlisle Goldfields (TSX: CGJ) for $28.5 million, so it can gain a 100% interest in the Lynn Lake gold project in Lynn Lake, Man.
Aberdeen shifts strategy and focus
For most of its corporate history, Aberdeen International (TSX: AAB) has taken minority, non-controlling equity stakes in mostly public junior mining companies, along with a small contingent of private companies.
Site Visit: Cupric’s ‘paradigm changer’ in the Kalahari
MAUN, BOTSWANA — When an all-star mining team with an ample exploration budget arrives in a supportive, mineral-rich jurisdiction, exciting transformations are bound to happen. Cupric Canyon Capital’s Khoemacau copper-silver…
Silver Institute: Coin demand forces five major mints to restrict supply
The following is an edited summary report from the Washington D.C.-based Silver Institute. For more information please visit www.silverinstitute.org.