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Northern Miner

Latest Canadian News - Northwest Territories - News

Find the latest news for the topic News and for the province of Northwest Territories





Corvus hits more high-grade at new Bullfrog target
VANCOUVER — The latest drill result from the Yellow Jacket target at Corvus Gold's (KOR-T) North Bullfrog project in Nevada has returned more evidence of a high-grade feeder zone.
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-24 08:12:26



Atna confirms longer mine life at Briggs
Atna Resources (ATN-T, ATNAF-O) outlined in a new technical report this week that it has increased the lifespan of its Briggs gold mine in California by two years to 2017.
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-23 19:56:17



Forest fire threatens Kirkland Lake gold country
VANCOUVER — A raging forest fire that ignited on May 20 near the town of Kirkland Lake in north-eastern Ontario has forced residents from their homes, and impacted two active gold operations, as fire crews and the Ministry of Natural...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-23 19:56:16



Labrador Iron Mines: Canada's newest iron-ore producer
VANCOUVER — Toronto-based Labrador Iron Mines (LIM-T) is first out of the gate as the race is on to cash-in on Canada’s reinvigorated iron-ore hotspot in the Labrador Trough district. Labrador Iron is one of a handful of Canadian...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-23 19:56:16



Venture hits new lows in May 14-18 period
VANCOUVER — The tough markets took on a whole new level of decline in the May 14 to 18 period. The S&P TSX Venture Composite Index dropped no less than 118.45 points or 8.8% to end at 1227.88 points, its lowest level since October...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-23 07:58:15



U.S. equities suffer worst week of year, May 14-18
Wall Street suffered its worst week this year with the Dow Jones Industrial index shedding 451.22 points or 3.52% to finish at 12,369.38 and the S&P 500 index shrinking 58.17 points or 4.30% to close at 1,295.22. The Nasdaq Composite...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-22 19:55:52



Commentary: Canada's rise as an energy superpower
Canada is rapidly becoming recognized as one of the world’s energy superpowers. Canada is now the leading foreign supplier of oil to the U.S., delivering nearly twice as much each year as Saudi Arabia, and 90% of natural gas imports to...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-22 19:55:51



TSX spirals downward May 14-18
VANCOUVER — The Toronto Stock Exchange continued to gather downward momentum during the May 14-18 trading period as growing uncertainty in the Euro zone and lagging commodity prices drove the index to seven month lows.
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-22 19:55:50



ATAC launches Yukon drill program
ATAC Resources (ATC-V) has kicked off the first phase of its two-phase drill campaign this year at its 100%-owned Rackla gold project 55 km northeast of Keno City in Central Yukon.
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-18 21:22:05





A weak quarter, but strong year for Silvercorp
Silvercorp Metals (SVM-T, SVM-N) reported a weak fourth-quarter profit, mainly due to resources spent fighting fraud allegations launched by a group of short sellers, but overall reported a strong fiscal 2012 and expects higher production from...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-18 21:22:05



Gold bounces back on demand fundamentals
VANCOUVER — The World Gold Council (WGC) released its first quarter 2012 Gold Demand Trends Report heading into the May long weekend, citing increased investment and jewellery demand in China, the rise of exchange-traded funds (ETFs), and...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-18 21:22:04



[Update] Brigus turns a corner
Brigus Gold (BRD-T, BRD-X) says it is “just going to keep on improving” to reach a steady annual production rate of 100,000 oz. gold by year end at the Black Fox gold mine in Timmins, Ont.  
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-17 21:24:20



Events
Mar 16-Jun 1  Mining Journal Investor Days  Contact: Natalie Wootton Local: +44 (0) 20 7216-6088 Email: natalie.wootton@aspermontuk.com Website: http://www.mining-journal.com/investor/
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 21:24:19



Change the only constant for Ivanhoe
VANCOUVER — Change and progress are the name of the game for Vancouver-based Ivanhoe Mines (IVN-T, IVN-N) as the company adjusts to a takeover by Rio Tinto (RIO-N, RIO-L, RIO-A) and approaches first production at its world-class Oyu...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-17 21:24:19



Goldcorp's output down on Red Lake setback
Vancouver-based major Goldcorp (G-T, GG-N) stumbled out of-- the gate to start the year, as adverse ground conditions and grade variability at its flagship Red Lake gold mine  in Red Lake, Ont., contributed to an 18% year-on-year fall in...
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 21:24:18



Syncrude keeps on rolling
The Syncrude mine may not have been the first major oil operation in the Athabasca oilsands, but it was the second — and now it stands as one of the region’s dominant oilsand projects. 
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 21:24:17



Southern Pacific's McKay: On time and under budget
While project costs are soaring for many companies in the natural resources sector, Southern Pacific Resource (STP-T) maintains that costs for its McKay thermal project in Alberta will move in the opposite direction.  
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 21:24:17



Canadian Natural advances Horizon
Canadian Natural Resources(CNQ-T) has big plans for its Horizon oilsands project, located north of Fort McMurray, Alta., in the Athabasca region.
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 21:24:16



Suncor's diversity overpowers lower Canadian crude prices
 Canadian oilsands juggernaut Suncor Energy (SU-T, SU-N) beat analysts’ estimates and strengthened its cash position during the first quarter, as the company’s strategic integration of refining facilities offset a price divide...
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 21:24:15



BC pipeline debates rage on
The scale of the West Coast pipelines debate is hard to play down. Current and former politicians from all government levels have come out swinging for and against: lobbyists, First Nations and non-government groups have fully entered the fray,...
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 21:24:14



Time is not on Baja Mining's side
There is “substantial doubt” that Baja Mining (BAJ-T, BAJFF-O) will be able to continue as a going concern, the company declared on May 16 in its first-quarter earnings analysis under a section entitled Risk Factors.
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-17 13:23:39



Nothing to fear for copper projects in Argentina
When Lumina Copper (LUM-V) announced earlier this month that it had significantly increased the size of its Taca Taca project in Argentina, mining analyst Adam Low of Raymond James raised his six-to-twelve month target price on the stock by...
Newspaper: Northern Miner Region: Northern Canada
Feed: Headline News Date: 2012-05-17 13:23:38



Metals, mining and money markets
SPOT PRICES Courtesy of ScotiaBank Tuesday, May 15, 2012     Precious Metals Price...
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 13:23:36



Commentary: Time for Canadian miners to import US outreach tactics
There has been a paradigm shift in public activism in Canada and growing hostility towards mining, and dogmatic opposition by environmentalists and social action groups towards virtually all mining and energy projects. This new dynamic is...
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 13:23:34



Supplier news
Geotech buys Aeroquest 
Newspaper: Northern Miner Region: Northern Canada
Feed: Print Edition Date: 2012-05-17 13:23:34




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