Northern Freegold Proves Up 1M Oz. Gold
VANCOUVER — After three years of drilling, Northern Freegold Resources (NFR-V) has defined an initial resource at its district-scale Freegold Mountain project.
Articles by Northern Miner Staff
Newmont Misses Its Q2 Guidance
Higher sales volumes and lower operating costs were the good news for Newmont Mining (NMC-T, NEM-N) during the second quarter.
Athabasca Potash Up For Sale
VANCOUVER — Athabasca Potash (API-T, ABHPF-O) has made it clear that as part of a strategic review process formed to consider possible partnerships on the Burr potash project in Saskatchewan, it is n…
Copper Mountain Grows Similco
VANCOUVER — A revised mine plan for Copper Mountain Mining’s (CUM-T, CPPMF-O) Similco project foresees the mine producing more copper for longer, based on an increased reserve estimate for the Britis…
Quadra’s Sierra Gorda Study Paints Promising Picture
VANCOUVER — Quadra Mining (QUA-T, QADMF-O) has released a strong scoping study for the large Sierra Gorda copper-gold-molybdenum project in Chile.
Exchange Rates (August 10, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 27 July 24 July 23 July 22 July 21 US$ in C$ 1.0835 1.0842 1.0867 1.0981 1.1078 C$ in US$ 0.9229 0.9223 0.9202 0.9107 0…
International Quotes (August 10, 2009)
Australia (A$) Aug 4 July 21 Change Aquila Resources 6.21 5.42 0.79 Bendigo Mining 0.24 0.26 -0.02 Centennial Coal 3.04 2.53 0.51 Fortescue Res 4.29 4.21 0.08 Iluka R…
Cardero Eyes Peruvian Iron Sands
VANCOUVER — Cardero Resources (CDU-T, CDY-X) has taken a big step forward at the Pampa El Toro iron sands project in Peru with completion of the project’s first resource estimate.
Marathon Improves Recoveries
Recent metallurgical testing of Marathon PGM’s (MAR-T, MRPGF-O) eponymous platinum group metals (PGMs) and copper project improves the project’s net present value by 47% to $113 million, the company s…
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).
Bannerman Grows Etango
VANCOUVER — Bannerman Resources (BAN-T, BNNLF-O) has boosted the uranium resource at its Etango project in Namibia by 26%.
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…