Suppliers news: Boart Longyear, Atlas Copco, Opsens
Boart Longyear recapitalizes with Centerbridge
Articles by Northern Miner Staff
Contrarian investor Anglo Pacific picks up coal royalty
Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…
TSX Venture manages slight gain, Feb. 9-13
The S&P/TSX Venture Composite Index closed in the green despite a relatively weak trading period for commodity futures, as it jumped 3.07 points en route to a 695.51-point close. According to Statistics Canada, factory sales performed…
Majors fight to maintain dividends
VANCOUVER — It’s been a delicate balancing act for miners over the past few years trying to return money to shareholders while keeping a consistent growth profile.
TSX gains momentum, Feb. 9-13
The Toronto stock market gained on the back of positive economic growth in Europe and better-than-expected data from Canadian manufacturers.
Kaizen sizes up Tower Resources
Since its reverse takeover in December 2013, junior explorer Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has closed two acquisitions and is zeroing in on a third.
Tahoe launches friendly bid for Rio Alto Mining
After a brief courtship that started at the Denver Gold Forum in September 2014, Tahoe Resources (TSX: THO; NYSE: TAHO) and Rio Alto Mining (TSX: RIO; NYSE: RIOM) are tying the knot.
Azarga cuts initial capex by 50% in Dewey Burdock PEA
An upgraded resource estimate that confirms its flagship Dewey Burdock in-situ recovery (ISR) uranium project is the highest-grade ISR project among its North American peers, and a revised preliminary economic assessment (PEA) that has cut the…
Aquila closes in on US$21M financing with Orion
If a proposed US$20.8-million capital injection from Orion Mine Finance goes ahead, Aquila Resources (TSX: AQA; US-OTC: AQARF) could get its Back Forty project — a zinc- and gold-rich volcanogenic massive sulphide deposit in…
Editorial: Where to next for copper?
One of the more sobering aspects of the New Year for miners was the rather swift tumble in copper prices, which blew through the long-standing US$3 per lb. support level to hit 6-year lows below US$2.50 per lb., with the spot price having…
TSX Venture on the rise, Feb. 2-6
The S&P/TSX Venture Composite Index rallied 16.63 points, or 2.5% to 693.44 during the period, as crude oil futures showed signs of life and copper prices improved. The U.S. government reported that the private sector created 213,000 jobs…
Midas prepares for permitting odyssey at Stibnite in Idaho
VANCOUVER — Junior Midas Gold (TSX: MAX; US-OTC: MDRPF) has invested a lot of time and money in sketching out a promising development scenario at its rebranded Stibnite gold project, 16 km east of Yellow Pine, Idaho. The company’s…