Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 30, 2014Precious MetalsPrice…
Articles by Northern Miner Staff
Integra Gold gets creative with Sigma-Lamaque
VANCOUVER — It’s not often that a junior company can get its hands on a 2,200-tonne-per-day processing facility a mere 500 metres way from its resource-stage project boundary. But that’s exactly what Integra…
Quebec government invests $2M in Arianne Phosphate
The Quebec government — through Investissement Québec — is investing $2 million to become a shareholder in Arianne Phosphate (TSXV: DAN; US-OTC: DRRSF) and its Lac à Paul deposit, one of the largest greenfield…
Iamgold to sell Niobec mine
President and CEO Steve Letwin of Iamgold (TSX: IMG; NYSE: IAG) told the Denver Gold Forum that he is confident the company can soon sell its Niobec mine in Quebec for $500 million after taxes.
Goldcorp’s lonore to pour first gold in Q4
By year-end, Goldcorp (TSX: G; NYSE: GG) will pour first gold from Éléonore — its first mine in Quebec.
Calibre Mining wins over Pierre Lassonde
When executive chairman Doug Forster and director Blayne Johnson of Calibre Mining (TSXV: CXB; US-OTC: CXBMF) sat down at the Denver Gold Forum in mid-September and presented an update on the company’s Nicaraguan gold projects to Pierre…
Hecla boosts gold exposure with Quebec plays
VANCOUVER — Gold production is playing a growing role in U.S.-based silver miner Hecla Mining’s (NYSE: HL) precious metals portfolio, and most of the company’s new exposure to the yellow metal is in Eastern Canada.
Stornoway advances Quebec’s first diamond mine
Junior explorer turned developer Stornoway Diamond (TSX: SWY; US-OTC: SWYDF) is building Quebec’s first diamond mine, set to start commercial production in 2017, after having raised $946 million for its Renard diamond project in July.
Denison builds up Wheeler River’s potential as Gryphon expands
VANCOUVER — Ongoing exploration success by Denison Mines (TSX: DML; NYSE-MKT: DNN) at its 60%-owned Wheeler River asset along the eastern edge of Saskatchewan’s Athabasca basin is hinting at good near-term development…
Editorial: Iron ore prices – grim and grimmer
If you thought around mid-year that the iron-ore market couldn’t get any worse, September was a bit of a shocker.
U.S. markets under pressure, Sept. 22-26
U.S. markets ended in negative territory during the trading week, with the Dow Jones Industrial Average falling 166.59 points, or 0.96% to 17,113.15, and the S&P 500 Index sliding 27.55 points, or 1.37%, to 1,982.85. The Philadelphia Gold…
TSX declines, Sept. 22-26
The S&P/TSX Composite Index lost 238.58 points during the trading week to end at 15,026.77. The S&P/TSX Global Gold Index stayed relatively flat at 170.72 points, while the spot price for gold added US$3.20 per oz. to US$1,219.40. The…