Kirkland Lake Gold unveils three-year production plan
A three-year mine plan for fiscal years 2015–17 has Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) focusing on grade over tonnage and margin over production.
Canada
Desjardins analyst cuts target price on New Millennium
Jackie Przybylowski, an analyst at Desjardins Capital Markets, has axed her price target on New Millennium Iron to 40¢ from 70¢ previously, noting the company’s management hinted at possible financing needs and delays in its…
Interview: RPA’s Deborah McCombe on corporate disclosure’s past, present and future
Roscoe Postle Associates (RPA), one of the world’s leading mining consulting firms, presented at the recent Mineral Resource Analyst Group session in Toronto on “potential mining pitfalls”. The Northern Miner caught up with…
Avino Silver & Gold to reacquire Bralorne project
Profitable silver junior Avino Silver & Gold Mines (TSXV: ASM; NYSE-MKT: ASM) has inked a letter of intent to acquire Bralorne Gold Mines (TSXV: BPM; US-OTC: BPMSF) for its Bralorne gold project in B.C. — a past-producing mine that is…
Tuzo Deep runs deeper, Mountain Province says
Two years ago, drilling at the Gahcho Kué project owned by De Beers Canada and Mountain Province Diamonds (TSX: MPV; NYSE-MKT: MDM) confirmed that the Tuzo Deep diamond-bearing kimberlite deposit was open at a depth below 564 metres….
LIM halts production due to low prices
After another disappointing fiscal year, Labrador Iron Mines (TSX: LIM; US-OTC: LBRMF) says it will not restart mining at its operations in the Labrador Trough this coming year partly due to weak iron-ore prices, and will instead refocus…
Lake Shore aims to beat 2014 production forecast
Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) is moving in the right direction. The Toronto-based gold miner posted record quarterly and six-month production in the second quarter and first half of 2014, and expects to reach the top end of its…
National securities regulator closer to creation
It’s one of those items in Canadian politics that always vaguely seems like a good idea, but never gets done: establishing a national securities regulator to replace the 13 provincial and territorial ones, or at least replace as many of…
US stocks drop, June 23-27
U.S. equities had a lacklustre trading week. The Dow Jones Industrial Average fell 95 points from the week before to 16,851.84, while the broader S&P 500 Index slipped nearly 2 points to 1,960.96. Bucking the downward trend was the…
Supreme Court of Canada’s historic Tsilhqot’in decision
VANCOUVER — A landmark ruling from the Supreme Court of Canada has granted aboriginal title to a 1,750 sq. km swath of land in central B.C. to the Tsilhqot’in First Nation, the first time aboriginal title has been declared in the…
Aura welcomes Agnico as partner in Nunavut
Shares in little known junior explorer Aura Silver Resources (TSXV: AUU; US-OTC: AUSVF) have been on the rise since Agnico Eagle Mines (TSX:AEM; NYSE:AEM) agreed to option into its 100%-owned Greyhound gold-silver project in Nunavut.
Avanti on track to build Kitsault moly mine in BC
VANCOUVER — Avanti Mining (TSXV: AVT; US-OTC: AVNMF) has been quietly going about its business over the past three years, and now the company has a clear path towards restarting production at the historic Kitsault molybdenum mine, 140 km…