Champion Iron buys Bloom Lake for $10.5M
Champion Iron (TSX: CIA; ASX: CIA) is taking advantage of the commodities crash to snatch the shuttered Bloom Lake iron ore mine in the Labrador Trough for a fraction of its previous purchase price.
Articles by Northern Miner Staff
Major miners fuel a rising demand for streaming deals
VANCOUVER — As traditional forms of equity and debt finance become harder to obtain for mining companies, there’s been a rise in stream agreements, which offer miners access to cash for a percent of future by-product metal…
Uranium prices poised to rebound, analyst says
After some false starts in past years, an uptick in uranium prices may truly be around the corner, and this time analysts are more confident any rise will reflect a balance between demand and supply.
Premier Gold expands Hasaga in Red Lake
Premier Gold Mines’ (TSX: PG; US-OTC: PIRGF) story has of a lot of moving parts that are “moving us in the right direction,” CEO Ewan Downie says in his company’s blog.
Scotiabank’s Pat Mohr on metal prices, China demand
Extremely challenging market conditions will persist for some time, but the resource sector can look forward to supply-side tightness in the medium-term, along with better metal prices, Pat Mohr, a vice-president and economics and commodity…
Canadian Oil Sands CEO touts investors’ ‘rich opportunity’
Canadian Oil Sands (TSX: COS) management remains on the offensive in the face of a hostile takeover bid from Suncor Energy (TSX: SU; NYSE: SU) that it calls “opportunistic and exploitive.” On Dec. 1, president and CEO Ryan Kubik…
Premier Gold’s Downie sees ‘multiple opportunities’
Premier Gold Mines’ (TSX: PG; US-OTC: PIRGF) CEO Ewan Downie recently talked to The Northern Miner about the company’s decision to buy Pure Gold Mining’s (TSXV: PGM; US-OTC: LRTNF) land package so that it could expand its…
West Kirkland mulls options after landing Three Hills permit
VANCOUVER — West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) has come a long way over the past year at its Three Hills and Hasbrouck gold deposits in Nevada. And with a preliminary construction permit now in hand, it is ready to assess its…
Interview: Krcmarov explains how Barrick nurtures its exploration culture
Richard Schodde, managing director of MinEx Consulting, investigated the investments and returns on exploration dollars spent in Canada, and presented his findings at this year’s Prospectors & Developers Association of Canada convention in…
Ontario urged to address mining sector challenges
Ontario has a strong mining sector, a positive reputation as a mining jurisdiction and heaps of mining sector expertise.
Southern Arc shifts focus to Japan
In 2005, Southern Arc Minerals (TSXV: SA) became the first Canadian junior exploration company to return to Indonesia after the Asian financial crisis in 1997. The junior acquired two key projects: the West Lombok property on Southwest Lombok…
TSX Venture falls with oil futures, Nov. 30-Dec. 4
The S&P/TSX Venture Composite Index followed energy markets downward, losing 4.88 points en route to a 517.13-point close. Statistics Canada reported that the unemployment rate rose 0.1% to 7.1% in November, while the Canadian merchandise…