MagIndustries raises $26M for Kouilou
Vancouver – A $26-million financing is giving MagIndustries (MAA-V) enough cash to continue phase I construction …
Articles by Northern Miner Staff
$40.5 million for Semafo
West-Africa-focused Semafo (SMF-T) plans to raise $40.5 million through a bought deal financing, the company report…
Tough first quarter for Iberian
It was a tough quarter for Iberian Minerals (IZN-V) and with prices of base metals fluctuating, the company warned …
Cozamin reserves and mine life grow for Capstone
Vancouver – May was a busy month for Capstone Mining (CS-T) and on the first of June investors took note, lifting…
Niger joins first line of uranium producers
Tom Bell makes two startling predictions for Niger’s vast uranium resources.The State College, Pa.-based consulti…
Marathon improves metallurgy recoveries
Recent metallurgical testing improves the net present value of the Marathon PGM’s (MAR-T) platinum group metals and…
Red Back: Big growth through DRC
After kicking the tires for over two years, Red Back Mining (RBI-T) finally decided to take the plunge.The compan…
US Gold Raises Gold Bar
US Gold (UXG-T, UXG-X) has upped measured and indicated resources at its Gold Bar project in Nevada by 64% after drilling 20 holes in 2008 and incorporating two other deposits with historic drill data…
Alpha To Take Over Foundation In US$2B Coal Merger
The Big fish Alpha Natural Resources (ANR-N) is using the attractive valuations created by the recession to get even bigger with a friendly all-stock takeover bid for Foundation Coal Holdings (FCL-N).
Golden Goose Updates Magino
Golden Goose Resources (GGR-V, GGOSF-O) has tallied a new resource at its wholly owned Magino property, 40 km northwest of Wawa in northern Ontario, and plans to proceed to a feasibility study.
Uracan Cuts More Uranium Along Quebec’s North Shore
Uracan Resources (URC-V, URCFF-O) has intercepted uranium on the Double S zone at its North Shore project in Quebec, extending the known mineralized zone.
Syncrude Works At Reclamation In The Oilsands
Having been one of the earlier entrants into the oilsands in the 1970s, Syncrude, one of the largest oilsands operators, has had some practice with reclamation.