Articles by Northern Miner Staff



Working underground at Katanga Mining's Kamoto underground copper-cobalt mine, in the Democratic Republic of the Congo. The company, which does not have the funds to carry out a planned refurbishment and expansion of Kamoto or to continue operations beyond the short term, is floating a plan to drastically increase its authorized shares.

Distressed Katanga To Boost Authorized Shares To 5B

All the speculation over the state of Katanga Mining’s (KAT-T, KATFF-O) finances is at an end, with a stark announcement from the company that it needs more funding on an “urgent basis” to sustain its…


Fronteer To Bid For Aurora

Fronteer Development Group (FRG-T, FRG-X) is the single largest shareholder of Aurora Energy Resources (AXU-T, AUEGF-O), with 42% of the company. Now Fronteer wants all of it — despite a three-year m…


Chinese Investment A Lifeline For Australian Miners

Perth, Western Australia– Consider the Australian mining scene of six months ago — a chronic shortage of professional and skilled workers, high wages, headhunters wallowing in fees, long waiting lis…



Jaguar Mining Finds Fair Weather In Brazil

SITE VISIT Belo Horizonte, Minas Gerais, Brazil–At a time when more than one mining company is struggling to stay afloat, Jaguar Mining (JAG-T) is a bit of fresh air. With…



Sifting through core samples at Luna Gold's Cachoeira gold project in northeastern Brazil.

Luna Ends Drilling On Strong Note

Luna Gold (LGC-V, LGCU-O) struck some promising results at its Cachoeira gold project in northeastern Brazil as it wrapped up its drill program for the year.


U. S. Markets Dec. 19-22

U. S. stock markets drifted down during the shortened Dec. 19-22 trading session. The Dow Jones Industrial Average fell 85 points, or 1%, to 8,520; the S&P 500 index lost 14 points, or 1.5%, to 87…


Spot Prices (January 05, 2009)

Spot Prices COURTESY OF SCOTIABANK Tuesday, Dec. 23, 2008 Precious Metals Price (US$/oz.) Change Gold $846.00 +12.50 Silver $10.70 +0.20 Platinum $855.00 +22.00 Palladium $173.00 -2.00…



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