Southern Pacific buys remaining 20% of McKay for $33 million
Southern Pacific (STP-V) has signed a deal to increase its stake in the McKay oilsands project 45 km nort…
Articles by Northern Miner Staff
Crocodile Gold unveils guidance and exploration program
Crocodile Gold (CRK-T, CROCF-O) plans to produce 120,000 oz. gold this year at a cash cost of US$650 per oz. a…
Kinross to acquire Underworld Resources (March 22, 2010)
The boards of Kinross Gold (K-T, KGC-N) and Underworld Resources (UW-V) have given their approval to a friendly takeover deal that will give Kinross the junior exploration company’s White Gold project…
Apollo, Linear merging to form mid-tier gold miner
VANCOUVER — Apollo Gold (APG-T, AGT-X) and Linear Gold (LRR-T) are set to merge into a company with an active gold mine in Ontario, an advanced gold project in Saskatchewan, and a solid cash balance.
TD’s Drummond paints bearish scenario for gold
Maybe it wasn’t what people came to hear — the event’s sponsors after all were gold heavyweights Newmont Mining (NMC-T, NEM-N) and Franco- Nevada (FNV-T), and this was a luncheon at the Prospectors a…
Lundin jumps on Tenke Fungurume news
VANCOUVER — News that a resolution to the contract review is near for the Tenke Fungurume copper mine in the Democratic Republic of the Congo (DRC) lifted part-owner Lundin Mining’s (LUN-T) share pri…
Quadra announces JV with Chinese utility
VANCOUVER — A memorandum of understanding between Quadra Mining (QUA-T, QADMF-O) and State Grid International Development Ltd. (SGID) outlined a deal to jointly develop and operate Quadra’s Franke co…
SRA makes comeback in Portugal
Failed zinc miner Strategic Resource Acquisition (SRA) (SRZ. H-V) has emerged from bankruptcy protection and signed a deal to acquire gold and base metals projects in Portugal.
Loonie nears parity with greenback again
A resurgent Canadian dollar topped financial headlines during the tenth week of trading, as several economic indicators lined up in its favour.
M&A deals in 2010 to outnumber 2009, says Fasken Martineau (March 22, 2010)
Last year, Fasken Martineau advised on 78 M&A deals valued at about $8 billion and the head of the law firm’s global mining group says he expects that number will grow in 2010.
PDAC awards night
On March 8, people from around the mining industry gathered at the Fairmont Royal York hotel in Toronto to celebrate this year’s winners of the Prospectors and Developers Association of Canada annual …
John Felderhof speaks out at PDAC
“What happened to me could happen to anybody,” John Felderhof, a former geologist and senior vice-president at Bre-X Minerals, told a small group gathered in a seminar room at the recent Prospectors a…