McEwen buys claims near El Gallo
McEwen Mining (TSX: MUX; NYSE: MUX) is acquiring claims in Mexico — 10 km from the company’s El Gallo mine in Sinaloa state — that it believes could extend the…
Copper
With $19M financing, PE Fund poised to take 63% stake in Rambler Metals
VANCOUVER — CEII Roma, a mining-focused fund based in the Cayman Islands and advised by private equity firm Plinian Capital, is offering to inject a gross £10.5 million ($19.1 million)…
Panoro derisks Antilla in Peru
Shares in Panoro Minerals (TSXV: PML) rose 9% after company sketched out the economics of its Antilla project in a preliminary economic assessment (PEA). The Antilla copper-molybdenum porphyry deposit sits…
TNM Data Miner: Digging into the data on equity financings in Canada
VANCOUVER — Welcome to a new feature at The Northern Miner where we have some fun with raw data sets relating to mining, mineral exploration, and commodity markets. To begin we’ll be…
TSX Venture approaches 52-week high, April 25-29
The S&P/TSX Venture Composite Index built on its three-month run during trading, as it gained 2.8%, or 18.69 points, en route to a 674.87-point weekly close. Gains were underpinned by improving commodity…
The Northern Miner podcast – episode 10: Aloha! CIM conference and earnings season
Join us as we bid Lesley a groovy week-long vacation in Hawaii; aloha! Matt digs into a flurry of quarterly earnings reports, including Goldcorp (TSX: G; NYSE: GG) and Barrick Gold…
Barrick posts Q1 loss
Barrick Gold (TSX: ABX; NYSE: ABX) swung into the red in the first quarter on the back of declining production due to asset sales in the second half of 2015…
Colorado hunts for high-grade gold at KSP
VANCOUVER — Colorado Resources (TSXV: CXO) has a plethora of targets to choose from at its rugged 305 sq. km KSP property in northwest B.C, but this year the junior…
Teck’s Q1 profit beats expectations
Teck Resources (TSX: TCK.B; NYSE: TCK) tallied a higher-than-expected quarterly profit, as it mitigated lower commodity prices with deep cost cuts. Adjusted first-quarter profit came in at $18 million, or 3¢…
TSX Venture hits nine-month high, April 18-22
The S&P/TSX Venture Composite Index broke a nine-month high over the trading period, gaining 22.34 points, or 3.5%, to a 656.18-point close, lifted by optimism over demand for industrial metals…
Nevsun trumps Lundin bid for Reservoir
VANCOUVER — There had been ample speculation on when Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) would mobilize its substantial capital position in the mergers and acquisitions arena, and on April 24,…
US markets inch higher, April 18-22
It was a relatively quiet week on the U.S. economic front. The Dow Jones Industrial Average finished at 18,003.75, a 0.6% gain, while the S&P 500 Index advanced 0.5% to…