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NXG Market Currents
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September 8, 2011 Primero Mining (PPP), which plunged in August after Northgate Minerals (NXG) cancelled its acquisition plans, lost another 13.6% today after revising its 2011 operating outlook. Due to a mill workers strike and lower-than-expected gold purity, the company is lowering its forecasts for gold production and silver spot sales.
Comment![Commodities, On the Move]
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at MarketWatch.com (Oct 14, 2011)
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at CNBC.com (Jan 4, 2011)
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Company Description
Incorporation
Northgate was originally incorporated under the Ontario Companies Act by letters patent dated January 7, 1919 under the name Kirkland-Hudson Bay Gold Mines Limited. The Corporation was continued under the Business Corporations Act (British Columbia) effective January 31, 2003.... More