Aston Bay strikes exploration deal with BHP
BHP Billiton’s (NYSE: BHP) Canadian subsidiary has signed a letter of intent to fund exploration on Aston Bay Holdings’ (TSXV: BAY) Storm copper property, in Somerset Island, Nunavut.
Articles by Northern Miner Staff
Forum CEO touts ‘exciting’ year on the Athabasca
VANCOUVER — It isn’t a particularly active year for the exploration community, but Forum Uranium (TSXV: FDC; US-OTC: FDCFF) is bucking the trend with a pair of drill programs it hopes will lead to another major discovery…
U3O8 aims to help meet Argentina’s uranium demand
VANCOUVER — It’s been a bumpy ride for foreign mining companies in Argentina over the past three years, but explorer U3O8 Corp. (TSX: UWE) saw light at the end of the political tunnel in late October when the Andean…
Editorial: Does mining have an ROI problem?
In mid-January, The Northern Miner was once again privileged to host the latest in our popular series of Roundtable discussions featuring a who’s who of mining leaders in Canada. Held in downtown Toronto and sponsored by accounting…
US markets post first weekly gains in 2016, Jan. 18-22
U.S. markets were closed on Jan. 18 for the Martin Luther King Jr. holiday and see-sawed the rest of the week, as West Texas Intermediate crude dipped below US$27.98 per barrel on Wednesday before finishing up 5.5% to US$32.20. The European…
Moody’s puts 55 miners on review for downgrade
Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.
TNM Roundtable: Leaders debate industry’s return on investment
Industry leaders weighed in on whether the mining sector has performed poorly on its return on investment (ROI), and what can be done about it, at The Northern Miner’s roundtable discussion in Toronto in mid-January. The roundtable…
PotashCorp suspends its newest mine in NB
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is indefinitely suspending its new Picadilly potash mine in New Brunswick to lower its company-wide costs — dismissing roughly 430 workers.
TSX Venture loses more ground, Jan. 18-22
The S&P/TSX Venture Composite Index hit historic lows, as it dropped 1.1%, or 5.29 points, en route to a 483.67-point weekly close. Monetary stimulus measures were on the horizon for many of the world’s major economies, as European…
TSX rises on higher oil prices, Jan. 18-22
The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The…
Site visit: Western Copper sees Casino as an economic driver in the Yukon
WHITEHORSE, YUKON — It may not be the best time to develop a bulk-tonnage mining operation, but Western Copper and Gold (TSX: WRN; NYSE-MKT: WRN) is sure that the Casino copper-gold deposit will be one of the first projects off the…
ICSG: Copper market remains in balance as prices wallow
The following is an edited summary of the International Copper Study Group’s (ICSG) January 2016 Copper Bulletin. For more information and to buy the bulletin, visit www.icsg.org.