Ontario To Pay Platinex $5M In Settlement
The Ontario government has agreed to pay Platinex (PTX-V) $5 million to drop lawsuits against the Crown and the Kitchenuhmaykoosib Inninuwug (KI) First Nation in Big Trout Lake, Ont., after a messy, d…
Articles by Northern Miner Staff
Cliffs Boosts Freewest Offer
A bidding war between Cliffs Natural Resources (CLF-N) and Noront Resources (NOT-V) for Freewest Resources Canada (FWR-V) has come to an end.
Orvana Boasts Strong Balance Sheet, Multi-Mine Promise
Low-cost gold producer Orvana Minerals (ORV-T) says it will boost production in Bolivia in fiscal 2011, start producing in northern Spain in the first half of fiscal 2011 and release a resource estima…
Canada Lithium Rides The Cleantech Wave
SITE VISIT LACORNE TOWNSHIP, QUE. — A mink scuttles across some new ice at the perimeter of a retaining pond at Canada Lithium’s (CLQ-V) Quebec property, presumably after catching itself…
Entree To Expand Nevada Holdings With Bid For PacMag
VANCOUVER–Looking to boost its resource count while consolidating a large Nevada land package, Entree Gold (ETG-T, EGI-X) is buying Australian explorer PacMag Metals (PMGZF-O, PMH-A) in a cash-and-st…
Dividends (December 21, 2009)
Note: Alcoa will pay US93.75 cents per share on its US$3.75 cmltv prf stk payable Jan 1, record close Dec 11. Freeport Mc- MoRan Copper & Gold will pay $0.60* div with the first payment of $0.15* …
Nevada Copper Tweaks Pumpkin Hollow Scoping Study
Nevada Copper (NCU-T) has updated a March 2008 preliminary economic assessment on its Pumpkin Hollow copper project near Yerington, Nev., incorporating a high-grade underground scenario with a much lo…
Eurasian Drills High-Grade Gold At Grand Bois In Haiti
VANCOUVER–On drill-hole results from its Grand Bois property in Haiti, Eurasian Minerals (EMX-V) shares jumped nearly 20% or 40¢ to close at $2.50 in early December.
Newstrike Buys Goldcorp’s Stake In Morelos For $52M In Cash And Shares
An advanced-stage gold project in Mexico will soon be in the hands of two Canadian juniors.
Rubicon Hikes Red Lake Spending
As soon as Rubicon Minerals (RMX-T, RBY-X) completes a $25-million first-phase drill program at the Phoenix gold project in Red Lake at the end of the first quarter of 2010, it will embark on a $60-mi…
Avanti Delivers Positive Prefeasibility For Kitsault
VANCOUVER — With the receipt of a positive prefeasibility study, Avanti Mining (AVT-V) has taken another step towards its goal of reopening the historic Kitsault molybdenum mine in northern British C…
First Quantum Rises On $260M Offer For Kiwara
VANCOUVER — Dipping into its US$800-million treasury, First Quantum Minerals (FM-T) is buying Zambian base metals explorer Kiwara (KWR-J) in a cash-and-shares deal worth US$260 million. Investors hap…