Copper surge creates cash for Aur Resources
Aur Resources’ (AUR-T, AURRF-O) production may have dropped in 2006, but a spike in copper prices allowed the company to more than double its net income to US$293.7 million.
Articles by Northern Miner Staff
Brilliant hoping to double Australian nickel mine life (March 05, 2007)
Vancouver — Brilliant Mining (BMC-V) says the discovery of a new high-grade nickel zone at the Lanfranchi mine in western Australia has the potential to double the lifespan of the operation to at lea…
Pierrette Prince
Appointment Notice
Cash-rich Lundin in buying mode
Vancouver — With over US$400 million in cash, Lundin Mining (LUN-T, LMC-X) says it remains in an acquisition mode with an eye on long-life assets that it hopes to add to base metal operations in Swed…
Vietnamese firm buys Tiberon Minerals (March 05, 2007)
Dragon Capital Management’s takeover of Tiberon Minerals (TBR-T, TBMLF-O) has become a reality now that the majority of shareholders have accepted the $3.65-per-share offer.
Golden Star shines on Global Gold Index (March 05, 2007)
Stronger gold prices this year are lifting many a gold miner, but Golden Star Resources (GSC-T, GSS-X) has been outpacing most.
Back to Lynn Lake
It’s been a tough sell to institutional investors, but Independent Nickel (INI-V, INIFF-O) of Sudbury, Ont., has raised the money needed to proceed with an ambitious drill program at the Lynn Lake nic…
High on Tibet
SITE VISIT Shigatse, Tibet Autonomous Region, China — With the Chinese government looking to use Continental Minerals’ (KMK-V, KMKCF-O) Xietongmen copper-gold deposit as a template for future foreign mining deals…
GlobeStar sees opportunity in DR
SITE VISIT Santo Domingo, Dominican Republic — When Bill Fisher, chief executive of GlobeStar Mining (GMI-T), first arrived on the tropical shores of the Dominican Republic, the weather may have…
NEPA process a litigation gauntlet
Vancouver — Anti-mining activists in the United States carry briefcases instead of placards these days, and are racking up victories through the National Environmental Policy Act (NEPA) — the federa…
Marathon PGM cuts high-grade
The two highest concentrations of precious metals drilled to date in the Coldwell intrusive complex in north-central Ontario have been intersected in recent drilling by Marathon PGM (MAR-T, MRPGF-O).
Record earnings for Newmont in 2006 (March 05, 2007)
Vancouver — The world’s number two gold producer, Newmont Mining (NMC-T, NEM-N), posted record net income of US$791 million (US$1.76 per share) in 2006, topping its previous year’s performance of US$…