Pace Pays Off With Rapid Resource For Oroco
VANCOUVER — It took only $1.25 million and five months of drilling for Oroco Resource (OCO-V) to define a promising resource at its Cerro Prieto project in Sonora state, Mexico, and there is every in…
Articles by Northern Miner Staff
Yamana Makes Headway In Mexico, Brazil
It was just four months ago that Yamana Gold (YRI-T, AUY-N) was trading in Toronto at the very bottom of its 52-week price range of $4.29-19.79 per share.
Shore Gold Looks Beyond Current Diamond Demand Collapse
SASKATOON, SASK. — As with all other commodities, diamonds had a rough year in 2008. All sectors of the diamond pipeline have adjusted, and will continue to adjust to the current economic climate.
Geologix’s Loss Is Silver Standard’s Gain
Unable to get its hands on the money it needed to make a final payment on the San Agustin poly-metallic deposit, Geologix Explorations (GIX-T, GXEXF-O) must walk away from a project it has spent most …
Rubicon Expands Its Red Lake Jewel
SITE VISIT RED LAKE, ONT. — In summer, Red Lake (population 5,000) is a charming place, well known for its abundant fishing and annual float-plane festival which attracts spectators from…
Uruguay’s Only Miner Searches Out More Gold
Uruguay’s relative obscurity as far as mining countries go has generally worked for Uruguay Mineral Exploration (UME-V, UGY-L).
Premier Leads Geraldton’s Hardrock Revival
SITE VISIT GERALDTON, ONT. — The bright, cold winter light of a January morning intensifies the stark look of the snow-swept streets of Geraldton, Ont. Built on the back of…
HudBay And Lundin Kill Merger Plans
VANCOUVER — HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) have officially cancelled their merger plans. The move, however, is no surprise because the deal had already been essenti…
Aquiline Advances Giant Navidad
SITE VISIT GASTRE, ARGENTINA — There are surely very few places where one can stand atop a deposit holding resources of 450-600 million oz. silver. Aquiline Resources’ (AQI-T, AQLNF-O) Navidad…
Anglo American to cut 19,000 jobs this year
Anglo American( AAUK-Q, AAL-L) plans to axe 19,000 jobs or about 10% of its global workforce this year due to trimmed-back production plans and rescheduled projects.
The Scoop On TFSAs
Tax Free Savings Accounts, or TFSAs, have come along at a perfect time for those of us who invest or trade in speculative resource stocks. Introduced in last year’s federal budget, TFSA’s came into ef…
Silver Spruce And The ‘Silver Bonanza’ Puzzle
Silver Spruce Resources (SSE-V, SSEBF-O) has learned through experience in Mexico that silver solder is routinely used in diamond drill bits and that destruction of these bits, especially if water cir…