Gleichen to buy Teck’s Morelos for US$150M
Vancouver – Teck (TCK.B-T, TCK-N) has agreed in principal to sell its 78.8% stake in the Morelos gold property…
Articles by Northern Miner Staff
Chinese miner makes hostile bid for Canadian Royalties
China’s hunger for natural resources has turned aggressive with an unsolicited takeover bid for nickel devel…
Rau returns more gold for Atac
Vancouver – Atac Resources (ATC-V) is gradually increasing the strike length of the high-grade oxide zone at…
Franco-Nevada posts strong second quarter results
The start up of Coeur d’Alene Mines’ (CDM-T, CDE-N) Palmarejo project in Mexico in March and elevated producti…
Anvil gets big financing from Trafigura
It remains busy days in the Democratic Republic of the Congo’s (DRC) mining sector.Shortly after the governm…
Gammon discovers US$10-million accounting error
Gammon Gold (GAM-T, GRS-N), which operates two mines in Mexico, has had its fair share of problems over the la…
Andean Resources expands Bajo Negro gold-silver mineralization
Vancouver – Andean Resources’ (AND-T, AND-A) latest drill hole results extend gold-silver mineralization at de…
Vale strikes in Canada could last into 2010
The head of the Steelworkers Union for Ontario and the Atlantic provinces says it could be four or five months…
Minera Andes Eyes $20M
VANCOUVER — Minera Andes (MAI-T, MNEAF-O) is taking advantage of its strong share price to raise $20 million. A group of underwriters has agreed to buy about 26.7 million units at 75¢ a unit. Ea…
Romarco Expands Snake Pit
VANCOUVER — Coming off strong drill results that expanded mineralization at its Haile project, Romarco Minerals (R-V, RTRAF-O) is raising $30 million through a bought-deal financing.
Northgate Prefeasibility Boosts Young-Davidson Numbers
VANCOUVER — A prefeasibility study for the Young-Davidson project in Ontario has returned positive results for Northgate Minerals (NGX-T, NXG-X).
Fortuna Boosts Reserves 400% At Caylloma
The Caylloma silver-lead-zinc mine in southern Peru has proven and probable reserves of 20.3 million oz. silver — 404% more than previously estimated, Fortuna Silver Mines (FVI-V, FVITF-O) has report…