Mines Management reaches milestone at Montanore
It’s taken more than a decade, but Mines Management (TSX: MGT; NYSE-MKT: MGN) could be on the brink of pushing its Montanore project in northwestern Montana past the permitting finishing line.
Articles by Northern Miner Staff
Federal budget 2015 offers up a few tidbits for miners
VANCOUVER — On April 21, Canadian Minister of Finance Joe Oliver tabled the country’s annual federal budget, wherein the Conservative government achieved a $1.4-billion surplus that fulfills the promise of balanced books made…
Yamana aims to expand Canadian footprint with $17.5M bid for Mega Precious
VANCOUVER — Producer Yamana Gold (TSX: YRI; NYSE: AUY) is hoping to step up its presence in Canada with a $17.5-million cash and share agreement for explorer Mega Precious Metals (TSXV: MGP) and its 338 sq. km Monument Bay gold-tungsten…
Collapsing under debt, NA Palladium seeks a buyer
North American Palladium (TSX: PDL; US-OTC: PALDF) is facing the consequences of a potential loan default, which could transfer 98% of the company and ownership of the Lac des Îles (LDI) palladium mine, near Thunder Bay, Ont., to its…
UBC’s MDRU celebrates 25th anniversary
VANCOUVER — The Mineral Deposit Research Unit (MDRU) at the University of British Columbia (UBC) held its 25th anniversary celebration in early April at the Vancouver Convention Centre, where Peter Bradshaw, cofounder and Canadian Mining…
Metals commentary: Worldsteel predicts slow growth ahead
The following is an edited report from the Brussels-based World Steel Assosciation entitled Short Range Outlook for 2015 and 2016. For more information, please visit www.worldsteel.org
Foran finds promising results at the Hanson Lake camp
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has wrapped up the first round of drilling this year on two deposits near its flagship McIlvenna Bay project in Saskatchewan’s Hanson Lake camp, to see if it could delineate more resources near the…
U.S. stocks hit ‘wall of worry’, April 13-17
After two weeks of gains, the Dow Jones Industrial Average and S&P 500 Index ended moderately lower due to concerns about Greece’s debt negotiations, mixed U.S. corporate earnings and warnings by regulators in China about excessive…
TSX Venture finishes in the green, April 13-17
The S&P/TSX Venture Composite Index rallied during the trading sessions, gaining 3.97 points en route to a 702.85-point weekly close. Statistics Canada reported that the consumer price index gained 0.4% last month, after a 0.2% jump in…
Cameco’s Gitzel: Indian supply deal a ‘foot in the door’
VANCOUVER — Canada and India heralded a new era of economic cooperation on April 15 when the countries announced a uranium trade agreement wherein Canadian producer Cameco (TSX: CCO; NYSE: CCJ) will fuel growing Indian power needs over…
Peregrine Diamonds teams up with old Africa hands in Botswana
In its first meaningful venture in diamond exploration outside of North America, Peregrine Diamonds (TSX: PGD) expects to drill kimberlite targets in Botswana before year-end, thanks to the wisdom of three exploration geologists whose previous…
New Armenian legislation is a plus for Lydian
Lydian International (TSX: LYD; US-OTC: LYDIF) says new mine ramp gradients will help it save up to $100 million in operating costs, and trim total cash costs to US$600 per oz. from US$642 per oz. at its Amulsar gold project in southern Armenia.