Barrick moves towards leaner structure
VANCOUVER — Earlier this year Barrick Gold (TSX: ABX; NYSE: ABX) outlined a “back to the future” strategy that would see it become a “leaner and more agile” operator, focused on a core portfolio of assets and…
Articles by Northern Miner Staff
Royal Nickel receives main environmental permit for Dumont
Royal Nickel (TSX: RNX; US-OTC: RNKLF) says it will build what will be one of the largest nickel sulphide mines in the world at its Dumont project early next year, after securing a key environmental permit from the Quebec government.
US markets move lower, June 22-26
U.S. stocks slumped as the Greek governmentmoved closer towards defaulting on debt payments to the International Monetary Fund. The Dow Jones Industrial Average fell 0.4% to 17,946.68, while the S&P 500 Index also dropped 0.4% to…
TSX inches up, June 22-26
Canada’s benchmark index added 1% to finish at 14,808.09, despite concerns rising over the Greek debt crisis. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.8% to 695.56. The S&P/TSX Global Gold Index…
PotashCorp aims to regain market influence with K+S bid
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer…
Site visit: Geoscience BC’s avant-garde treetop sampling
ANAHIM LAKE, B.C. — A typical work day for this Geoscience BC’s biogeochemical survey crew in west-central B.C. gets started with the smell of jet fuel and the high-pitched whir of a helicopter.
TSX Venture declines, June 22-26
The S&P/TSX Venture Composite Index closed in the red during the trading period, as the Greek debt crisis took a toll on markets and energy futures lost ground. In addition to falling oil prices, Canadian traders reacted to policy…
Iamgold cuts production outlook due to Westwood rock bursts
Toronto-based gold producer Iamgold (TSX: IMG; NYSE: IAG) has trimmed its 2015 company-wide production forecast by 5% due to a “localized seismic event” at its Quebec-based Westwood gold mine.
Editorial: Lonmin condemned in Marikana commission findings
The long-awaited report of the Judicial Commission of Inquiry into the Marikana mine massacre in Marikana, South Africa, has been released, and there’s plenty of finger pointing to go around.
GoviEx pushes Madaouela on the permitting front
GoviEx Uranium (CSE: GXU) is quietly advancing its large Madaouela uranium project, and expects to receive a mining permit by year-end, or early 2016.
Molycorp strikes restructuring deal with creditors
In the first quarter of 2015, Molycorp (NYSE: MCP) reported higher production volumes from its Mountain Pass rare earth facility in California, and yet posted negative cash flow from operating activities of US$73 million and a loss attributable…
Commentary: Safety first for a new generation of Cree miners
“Working underground for me is like working in your basement for you.” That’s the first thing Marcelin Bruneau tells the 12 young Crees sitting in front of him. That gets their interest. “When I started mining in…