Rare purple diamonds uncovered at Quebec JV
John Ryder’s Dianor Resources (DOR-V, RSDNF-O) and its joint-venture partners Metalex Ventures (MTX-V, MLXVF-O) and Wemindji Exploration have stumbled onto a new diamond discovery in the James Bay reg…
Articles by Northern Miner Staff
Bear Creek to buy out Rio Tinto at Corani
VANCOUVER — Bear Creek Mining (BCM-V, BCEKF-O) has reached a deal to purchase the 30% interest in the Corani silver-lead-zinc deposit held by its joint-venture partner, Rio Tinto (RTP-N, RIO-L).
Alcoa sells packaging and consumer businesses
Aluminum giant Alcoa (AA-N) has sold its packaging and consumer businesses to New Zealand-based Rank Group Ltd.
Committee Bay to sell Aussie holdings
VANCOUVER — Committee Bay Resources (CBR-V, CBYRF-O) has inked a deal to sell its 50% interest in the Redemption joint venture to Australian-listed partner Focus Minerals (FML-A).
Snowfield tumbles on Ticho diamond results
VANCOUVER–Four tiny diamonds failed to impress Snowfield Development (SNO-V, SWFCF-O) investors, sending the company’s share price down 59% in recent trading.
Chinese group to buy slice of N. A. Tungsten
VANCOUVER — A major mining company from the Far East is taking a bite of the Western World’s largest tungsten producer, North American Tungsten (NTC-V, NATUF-O), in a financing and strategic alliance…
TORONTO STOCK EXCHANGE (March 17, 2008)
The TSX Composite Index finished the March 4-10 trading period off slightly at 13,005.09 points, with the index’s ties to natural resources the key culprit. Material stocks fell with commodity prices …
Instability in store for copper market
Despite a declining demand for copper in the developed world, including a 20% drop forecast for the United States this year, it is expected that China alone will more than make up for it, says Andrew …
Orezone defines resources in Burkina Faso
VANCOUVER–With four advanced-stage gold projects on the go in Burkina Faso, news keeps on coming from Orezone Resources (OZN-T, OZN-X), including a recently updated resource estimate for its Bondi pr…
First Majestic gains momentum in Mexico
VANCOUVER — Times are good for First Majestic Silver (FR-T, FRMSF-O). The company’s share price has climbed more than 55% in the last six months, it was recently upgraded to the Toronto Stock Exchang…
New partner for Exeter at Cerro Moro gold-silver project
VANCOUVER — Exeter Resource (XRC-V, XRA-X) is taking big steps forward; the junior just outlined a strategic agreement with a government- owned company for the development of the Cerro Moro gold-silv…
Emerging from gold’s shadow
Metals analyst Jeffrey Christian of the CPM Group in New York started his silver forecast at the recent Prospectors and Developers Association of Canada (PDAC) convention in Toronto with a bit of flag…