Helio focuses on Porcupine gold target in Tanzania
Helio Resource (HRC-V) has intersected gold mineralization in the first three drill holes from its 2009 program a…
Articles by Northern Miner Staff
Klondex Board Rejects Silvercorp Offer
VANCOUVER — Calling it “opportunistic,” Klondex Mines’ (KDX-T, KLNDF-O) board of directors has rejected an all-share hostile takeover bid made in June by Silvercorp Metals (SVM-T, SVM-X).
Starfield To Acquire Nevoro In Friendly Deal
Explorer Starfield Resources (SRU-T, SRFDF-O), which is advancing the Ferguson Lake base metal and platinum group metal (PGM) project in Nunavut, is taking over fellow junior Nevoro (NVR-T, NEVIF-O), …
Teck Turns To China To Lower Debt
It was such a short time ago that Canada’s biggest independent miner was suffering from too much debt and too little cash flow.
Lots Of Gas Left In The Tank At Aurizon’s Casa Berardi
SITE VISIT LA SARRE, QUE. — In the last two years, Aurizon Mines (ARZ-T, AZK-X) has trimmed debt from $73 million to $21 million. The junior gold producer can now…
Positive Scoping Study For Kuriskova
A preliminary assessment of Tournigan Energy’s (TVC-V, TVCFF-O) Kuriskova uranium deposit in Slovakia calculates a payback within roughly one-third of the projected mine life and production costs subs…
Livengood Resource Tops 10 Million Oz. Gold
VANCOUVER — A winter drill program at International Tower Hill Mines’ (ITH-V, THM-X) Livengood project in Alaska has boosted the gold count in the deposit’s highgrade core by 20%.
Uranium On The Up Trend In Namibia
VANCOUVER — Rio Tinto’s (RTP-N, RIO-L) Rossing mine in Namibia already produces roughly 8% of the world’s annual supply of uranium. Now the country looks set to increase its presence on the uranium m…
Capital Gold Posts Solid Quarterly Results
The last time junior gold producer Capital Gold (CGC-T, CGLD-O) was in the news was in late March, when its board of directors decided not to go through with a proposed merger with Gammon Gold (GAM-T,…
Jinshan Gets US$31M Loan From China National Gold
Having China’s largest state-owned gold producer in its corner is starting to pay big dividends for Jinshan Gold Mines (JIN-T, JINFF-O).
People (July 13, 2009)
Alcoa — Kevin Kramer appointed president of growth initiatives; Tim Myers appointed president of Alcoa Wheel and Transportation products.
U.S. Markets June 30-July 6
As second-quarter earnings season approaches, investors have begun questioning whether recent gains in the stock market are sustainable. As such, the Fourth of July holiday-shortened reporting period …