Tag: problems-at-two

Northgate Minerals (AMEX:NXG) Crushed on Costs, Production

You know a gold miner is in trouble when they can’t produce in the type of rising gold price environment we’ve been in, and that doesn’t bode well for Northgate Minerals (AMEX:NXG) (TSE:NGX), which did just that in the latest quarter. Higher gold prices couldn’t overcome the production problems at two of the company’s mines, or the rising costs associated with them. Their Kemess mine in British

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