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NORTHGATE MINERALS CORPORATION

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TSX:NGX (CAD)  3.45 [+0.13 (+3.92%)] Nov 19 2009 - Close

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Type: Public
Classification: Monitor
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815 HORNBY STREET, SUITE 406
VANCOUVER
British Columbia
Canada, V6Z 2E6
Phone: +1 (604) 681-4004
Fax: +1 (604) 681-4003

Company Summary

Northgate’s principal activity, carried on through its wholly-owned subsidiary, Northgate Resources Limited, is the operation, development and financing of the Kemess gold and copper mine situated near Prince George and Smithers, British Columbia.

Company News

Tuesday, November 03, 2009
Northgate Minerals announced its financial and operating results for the fiscal quarter ended September 30, 2009. Consolidated revenue of $120.2 million was record in the third quarter of 2009, compared with $99.3 million in the same period last year. Revenues were higher due to a 25% increase in gold production over the same period last year combined with higher realized metal prices for gold and copper in the most recent quarter. Revenues for the nine month period ending September 30, 2009 were $374.3 million. The net loss for the quarter was $8.6 million or $0.03 per share compared with a net loss of $29.4 million or $0.12 per share in the corresponding quarter of 2008. Adjusted net earnings were $7.7 million or $0.03 per share in the third quarter of 2009, which was significantly higher than the adjusted net loss of $28.4 million or $0.11 per share in the same period last year.

News Releases

Tuesday, November 03, 2009
Wednesday, September 30, 2009

Mineral Properties Map

Map Legend:
ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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