Lundin loses US$957M in 2008
Vancouver – Lundin Mining (LUN-T) lost almost US$1 billion in 2008 and now carries US$267 million in debt followi…
Articles by Northern Miner Staff
Rubicon expands its Red Lake jewel
RED LAKE, ONT. – In summer, Red Lake (population 5,000) is a charming place, well known for its abundant fishing …
TSX Venture Exchange – Feb. 17-23
It was a red week for the S&P-TSX Venture composite index as the junior board posted a loss every day of the Feb. 17-23 trading period to close the week down 46.7 points at 878.94. Daily trading v…
Peregrine Picks Up Land Surrounding Chidliak
Peregrine Diamonds (PGD-T, PGDIF-O) is more than doubling its prospecting rights on Baffin Island, Canada’s newest diamond district.
Beleagured Teck Posts $607M Net Loss In Q4
VANCOUVER — Don Lindsay, the president and CEO of Teck (TCK. B-T, TCK-N), addressed the company’s heavy debt load and burgeoning fourth-quarter net loss in a conference call with investors on Feb 17.
Kootenay Steps Out At Promontorio
VANCOUVER — Over the past two years, Kootenay Gold (KTN-V, KOOYF-O) has conducted a tightly focused drill program at the Pit zone on its 900-sq.-km Promontorio property in Sonora state, Mexico.
Atna Primed To Pour Gold Again At Briggs
VANCOUVER — It sat idle for five years but now Atna Resources (ATN-T, ATNAF-O) is firing up the Briggs gold mine in Inyo Cty., Calif., and expects to produce its first gold dor soon.
Terrane Bites The Bullet And Delays Mt. Milligan
SITE VISIT SMITHERS, B. C. — As Robert Pease, the president and CEO of Terrane Metals (TRX-V, TRXOF-O), would later describe it, the timing of the site visit to the…
Abacus Tallies Growing Copper-Gold Resource At Ajax
VANCOUVER– It was an old box of forgotten data in the back of a mill building that changed everything for Abacus Mining & Exploration (AME-V, ABCFF-O). Now, three and a half years after finding t…
WGM Hosts Workshop At Saudi Geological Conference
Consulting geology and engineering firm Watts, Griffis and McOuat (WGM), will deliver a one-day seminar during the March 9-12 meeting of the Saudi Society for Geosciences at the Hilton Hotel in Jeddah…
Barrick Buys Out Teck At Hemlo
In yet another asset sale to deal with its short-term debt crisis, Teck (TCK. B-T, TCK-N) is unloading its half stake in the Hemlo gold assets in northwestern Ontario on its joint-venture partner, Bar…
Swedes Revisit Ban On New Nuclear Plants
Dependence on foreign energy and worries about global warming have ignited debate about overturning Sweden’s nearly 29-year moratorium on building nuclear power plants.