Editorial: Northern Andean economies groan as oil revenues dry up
There’s nothing quite like a fall in oil prices to expose the cracks in the economies and politics of countries highly dependent on oil exports. And such is the case…
Gold
Orion to finance Premier Gold
When it comes to financing companies in the mining sector, private equity firms typically call the shots. But in a deal announced on May 31, Orion Mine Finance appears to…
US stocks surge, May 23–27
U.S. indexes gained ahead of the Memorial Day weekend, after U.S. Federal Reserve Chair Janet Yellen hinted at a possible interest rate hike in the coming months. The Dow Jones…
TSX posts slight gain, May 23-27
The Bank of Canada kept its target for the overnight lending rate at 0.5% and estimated that the wildfires in Alberta would knock 1.25 percentage points from real gross domestic…
The Northern Miner podcast – episode 14: Lithium 101 and the effects of national wine day
We dig further into the lithium boom in our lead up to an in-paper special on the commodity that’s all abuzz thanks to Elon Musk and Tesla Motors‘ (NASDAQ: TSLA) gigafactory…
Canadian mining sector improves in early 2016
The Canadian mining sector got a much-needed boost in the first three months of 2016 thanks to higher gold and base metal prices, according to a new EY report. EY’s…
Golden Predator attracts heavy hitters Albert Friedberg, Rob McEwen & Pat DiCapo
Albert Friedberg and his Friedberg Mercantile Group were listed among the top-40, highest-earning hedge fund managers in the world by Forbes magazine in 2011. More recent rankings weren’t immediately available,…
Centerra to appeal environmental fines
Centerra Gold’s (TSX: CG) subsidiary has been fined US$98 million for environmental damages at the Kumtor gold mine, and faces another US$225 million in environmental fines, all of which the…
Zafranal could produce copper for nearly two decades, study says
A positive prefeasibility study on the Zafranal project — an Andean style porphyry copper-gold deposit in southern Peru owned by Teck Resources (TSX: TCK.A; TSX: TCK.B; NYSE: TECK), AQM Copper…
TSX Venture gains ground, May 16-20
The S&P/TSX Venture Composite Index climbed towards one-year highs despite a drop in commodity prices, gaining 1%, or 6.46 points, to a 686.14-point close. Spot gold fell 1.9%, or US$24.35,…
Sarama Resources acquires Orezone’s Bondi
Andrew Dinning, a founder and the president and CEO of Sarama Resources (TSXV: SWA), made a name for himself in Africa while working in the Democratic Republic of the Congo…
TSX climbs, May 16–20
Canada’s benchmark index advanced ahead of the Victoria Day holiday weekend, rising 171 points, or 1.2%, to 13,919.58, as investors took in higher oil prices and the possibility that the…