Russians to the rescue for High River Gold
A leading Russian investment bank and asset management firm is coming to the rescue of indebted High River Gol…
Articles by Northern Miner Staff
SouthGobi lays out ambitious expansion plans
Vancouver – The Mongolian government’s long-awaited ratification of the Oyu Tolgoi investment agreement has …
Fortuna sets goals for San Jose prefeasibility
It took longer than expected, but Fortuna Silver Mines (FVI-V) has more than doubled indicated resources at it…
Fire River Takes A Run At Nixon Fork
SITE VISIT MCGRATH, ALASKA — The camp at the Nixon Fork gold mine sleeps 85 but the beds have been empty for two years now.Our group of about 15 has an endless selection of identical little rooms to choose from, each outfitted with a…
Constantine Advances Alaskan Discovery
SITE VISIT HAINES, ALASKA — In a normal market, the first 2008 drill results out of the Palmer project in Alaska would have been big news. Following up on a 2007 discovery hole that hit 24 metres of volcanogenic massive sulphides (VMS) in…
Sabina Silver Hits Hackett River Extensions
VANCOUVER — Drilling to expand the Hackett River polymetallic deposit in Nunavut and test new zones is returning solid intercepts for owner Sabina Silver (SBB-V, SBBFF).Sabina updated the resource at Hackett River in April, boosting its…
Commander Lands AngloGold As Baffin Island Partner
Junior explorer Commander Resources (CMD-V, CMDRF-O) will be able to step up exploration at its flagship Baffin Island gold project in Nunavut next year thanks to a new, well-heeled partner who will pick up the tab — AngloGold Ashanti (AU-N,…
People (October 26, 2009)
Advanced Explorations — Jim Excell appointed a director.
Capital Gold Boosts Reserves At El Chanate Mine
New York-based Capital Gold (CGC-T, CGLD-O) built its 100%- owned El Chanate open-pit mine in Sonora, Mexico, in just 12 months at a cost of US$18 million. The mine has been profitable since the first…
Canaco Jumps On Tanzanian Gold Hit
VANCOUVER– The results of just one drill hole from Canaco Resources’ (CAN-V, CANWF-O) Magambazi gold prospect, in Tanzania, lifted the junior’s share price from just 10¢ to the 40¢-range re…
Positive Feasibility For Minco Silver’s Fuwan
VANCOUVER– With a positive feasibility study now in hand for its Fuwan silver deposit in China, Minco Silver (MSV-T, MISVF-O) is trying to raise $20 million to fund initial development work.
Farallon Working Away At Campo Morado
VANCOUVER — With a $10-million financing and a US$30-million loan, Farallon Mining (FAN-T, FRLIF-O) has restructured its balance sheet, replacing short-term liabilities with long-term debt, while it …