International Quotes (September 28, 2009)
Australia (A$) Sept. 22 Sept. 8 Change Aquila Resources 7.56 6.96 0.6 Bendigo Mining 0.26 0.27 -0.01 Centennial Coal 3.28 3.26 0.02 Fortescue Res 4.24 4.25 -0.01 Iluk…
Articles by Northern Miner Staff
Detour Lake Mine To Cost US$844M
Detour Gold (DGC-T, DRGDF-O) has finished a prefeasibility study for its Detour Lake gold project in northeastern Ontario, outlining a plan to build a 45,000-tonne-per- year open-pit mine that would p…
Romarco’s Gold Rush In The Carolinas
Romarco Minerals (R-V) is finding there’s still plenty of gold left in South Carolina’s hills.
Eagle Hill Gets The Cash It Needs To Survive (September 28, 2009)
Eagle Hill Exploration (EAG-V, EHECF-O) will soon have the funds it needs to shore up its recent acquisition of Noront Resources’ (NOT-V, NOSOF-O) Windfall Lake gold project in Quebec’s Chibougamau mi…
Soros Fund Invests In Marengo
Billionaire George Soros’s investment fund has taken a 19.9% stake in Marengo Mining (MRN-T, MRN-A), the developer of the Yandera copper project in Papua New Guinea, as part of the junior’s $14.8-mill…
Rusoro Gets Penultimate Permit For Increible 6 Gold Deposit
Rusoro Mining (RML-V, RMLFF-O) has nailed down the penultimate permit it needs to move its Increible 6 gold deposit in southeastern Venezuela into production.
Timmins Gold Mine’s Long Road To Production
The Timmins West gold camp in Ontario has gotten a second life. High-grade gold in drill results from Lake Shore Gold (LSG-T, LSGGF-O) and a US$1,000-per-oz. gold price have started an area play with many junior companies staking and exploring…
Cogitore Looks Deeper At Scott Lake
SITE VISIT CHIBOUGAMAU, QUE. — Gérald Riverin can hardly contain himself as he stands next to the marker for drill hole no. 34 at Cogitore Resources’ (WOO-V, CGORF-O) Scott Lake project, 20 km west of Chibougamau, Que., one warm and…
Apollo Signs Toll-Milling Deal With St Andrew
Apollo Gold (APG-T, AGT-X) will mill 100,000 tonnes of ore from its Black Fox mine at St Andrew Goldfields’ (SAS-T, STADF-O) nearby Holt mill.Under the arrangement, excess low-grade ores will be trucked, using a contractor, to St Andrew’s…
Metanor Gets Results At Barry Pit, Nelligan
Metanor Resources (MTO-V, MEAOF-O) has been seeing promising results from expansion drilling at its Barry pit at the operating Bachelor Lake gold mill, in Desmaraisville, Que., and at the Nelligan property just west of Bachelor Lake, and its…
Alexandria Minerals Makes Tracks In Val D’Or
Alexandria Minerals (AZX-V, ALXDF-O) has released its first resource estimate on two near-surface zones at its 100%-owned Orenada property in Bourlamaque Township in Val d’Or, Que. — a fourfold increase over historical estimates.At a cutoff…
Northgate Unearths New Zone At Young-Davidson Project
Northgate Minerals (NGX-T, NGX-X) has found a new gold zone at its Young-Davidson property near Matachewan, Ont., close to the area of the proposed mine shaft.”These holes were originally drilled as condemnation holes to make sure there was…