Fletcher Nickel Likes What It Sees Near Timmins
Nearly two years after listing on the Toronto Stock Exchange, Fletcher Nickel (FL-T) is well on its way to proving that it has a large-tonnage, near-surface nickel resource on its hands that could be …
Articles by Northern Miner Staff
Avalon Upgrades Thor Lake
Avalon Rare Metals (AVL-T, AVARF-O) has outlined enough resources to warrant going ahead with a prefeasibility study on its Thor Lake rare metals project, 100 km southeast of Yellowknife, N. W. T.
Mexico Turns To Mining To Plug Its Fiscal Gap
MONTERREY, MEXICO — Opposition lawmakers in Mexico are pushing for a royalty on Mexican mining production as the country faces a fiscal gap of 3% of gross domestic product next year following its worst economic recession since the 1930s. To…
Great Panther Plots Growth Strategy
Investment in new equipment, plant upgrades and an increased drilling budget along with new underground mine development are all part of Great Panther Resources’ (GPR-T, GPRLF-O) three-year growth strategy in Mexico.Capital spending for the…
How Minefinders Lived Up To Its Name
About 15 years ago, Mark Bailey, then a consulting geologist for Minefinders (MFL-T, MFN-X), walked away from the company and its grassroots La Bolsa silver-gold project in northern Sonora, Mexico, because he felt management was more concerned…
Starcore Boosts San Martin Reserves, Weathers Financial Woes
VANCOUVER — Starcore International Mines (SAM-T, SHVLF-O) has increased reserves at its San Martin mine in Queretaro state, Mexico.The high-grade underground operation can now claim proven and probable reserves totalling 763,000 tonnes…
Klondex And Paramount Dig In Their Heels
The friendly days are long over between Klondex Mines (KDX-T, KLNDF-O) and Paramount Gold and Silver (PZG-T, PZG-X).Only a few months ago, Paramount was playing the white knight to Klondex, after that company was the target of a hostile bid…
Esperanza Sizes Up Jumil
Esperanza Silver’s (EPZ-V, ESPZF-O) 100%-owned Cerro Jumil project, an advanced open-pit heap-leach gold project south of Cuernavaca in Mexico’s Morelos state, should yield a pretax net present value (NPV) of about US$46.7 million and an…
Mag Finds Moly At Cinco De Mayo And Scopes Potential At Valdecanas
VANCOUVER–A hostile, and eventually failed, takeover bid from its joint-venture partner Fresnillo (FNLPF-O, FRES-L) in late 2008 is still having ramifications for Mag Silver (MAG-T, MVG-X).To demonstrate the value of its exploration…
Timmins Gold Ramping Up At San Francisco Gold Mine
Timmins Gold (TMM-V, TMGOF-O) is ramping up to full production at its San Francisco heap-leach gold project in Sonora, Mexico.The first gold pour is expected in January and already, the company has been piling crushed ore on the heap-leach…
Golden Goliath Defines Las Bolas Resource
After drilling just 1,554 metres, Golden Goliath Resources (GNG-V, GGTHF-O) has come out with an initial resource estimate for its Las Bolas silver-gold property in Chihuahua state, Mexico, which is chock full of many past-producing gold and…
Cerro San Pedro Could Grow, New Gold Says
In May 2007, New Gold (NGD-T, NGD-X) sold the first of its gold from the Cerro San Pedro mine in central Mexico. By December of that year, the mine had turned cash flow positive and for the last two years running, Mexico’s Chamber of Commerce…