Empire now a mining company, eyes Turkish copper
Vancouver-based capital pool company Empire Mining (EPC-V) has completed the qualifying transaction it first announced in mid-September, with Global Securities acting as sponsor.
Articles by Northern Miner Staff
New gold zone at Juby (November 19, 2007)
Drilling by Temex Resources (TME-V, TMXRF-O) at its Juby joint-venture property, 20 km west of Gowganda, Ont., has discovered new gold mineralization on the deposit.
Finkolo gold results lift Etruscan (November 19, 2007)
Vancouver — Etruscan Resources’ (EET-T, ETRUF-O) sinking share price got a little boost recently, after the company released drill results from the Finkolo gold project in Mali and announced a $35-mi…
Newmont reports solid results (November 19, 2007)
Higher metal prices helped buoy third-quarter results for gold heavyweight Newmont Mining (NMC-T, NEM-N).
Vior outlines Douay resource
A new resource calculation for Vior Mining Exploration (VIO-V) has doubled the size of the Douay gold deposit, about 60 km south of Matagami, Que.
Taunus resource by March: Oro
Oro Gold Resources (ORG-V, OGRSF-O) says that drill results from its Taunus resource expansion program in Sinaloa, Mexico, are prompting the company to expand its 2,000-metre program.
Ironing out possible mega merger
Spurned by the board of Rio Tinto (RTP-N, RIO-L, RIO-A) in a friendly approach, BHP Billiton (BHP-N, BLT-L, BHP-A) has made its proposal for a US$138-billion all-share bid public in an attempt to brin…
‘Dark clouds’ over Tahera
Tahera Diamond’s (TAH-T, TAHEF-O) future appears about as grim as the company’s books, which have been saturated in red ink since commercial production began at its Jericho diamond mine, in Nunavut, i…
Silver Wheaton grabs interest in Mines Management (November 19, 2007)
Vancouver — Silver Wheaton (SLW-T, SLW-N) is dipping into the silver deposit basket again, this time pulling out an 11% interest in Mines Management (MGT-T, MGN-X) for a purchase price of US$10 milli…
NovaGold, Barrick to split Donlin 50/50
Vancouver — After long legal disputes and lots of nasty words, NovaGold Resources (NG-T, NG-X) and Barrick Gold (ABX-T, ABX-N) have decided to bury the hatchet and work together to advance the large-…
Artisanals point the way for African Gold Group
Miners have long been divided about artisanal miners working their concessions. Although the activity can at times lead to conflict, artisanals are widely credited with providing free — if inadverten…
Pinetree loads up on McFaulds Lake juniors
Vancouver — After recently closing a $72-million financing, Toronto-based junior investment and merchant banking firm Pinetree Capital (PNP-T, PNPFF-O) has loaded up on shares of several junior minin…