TSX falls, June 23-27
After three straight weeks of gains for Canada’s benchmark index, the S&P/TSX Composite Index slipped 0.10% to 15,094.25, while the S&P/TSX Capped Diversified Metals & Mining Index fell 1.50% to 835.51 and the S&P/TSX…
Articles by Northern Miner Staff
Coeur rejigs stream agreement with Franco-Nevada
An amended royalty agreement with Franco-Nevada (TSX: FNV; NYSE: FNV) has given Coeur Mining (NYSE: CDE) the breathing room it needs to consider completing the Guadalupe underground mine at its Palmarejo silver–gold complex in…
Bill Gallagher: SCC ruling means it’s time to ‘reboot perspectives’
VANCOUVER — When Chief Justice Beverley McLachlin sat down to write the Supreme Court of Canada’s decision recognizing the Tsilhqot’in First Nation’s aboriginal title to 1,750 sq. km of land in central B.C., she was…
Roxgold secures debt to finance Yaramoko
Since opening its data room and inviting term sheets and proposals from lenders in April, Roxgold (TSXV: ROG; US-OTC: ROGFF) has nailed down a US$75-million senior project debt facility from Société Générale and…
Drills probe new mill feed for Perseus in Ghana
VANCOUVER — Golden drill results from a satellite zone that could provide higher-grade feed for the Edikan gold mine in Ghana have given owner Perseus Mining (TSX: PRU; ASX: PRU; US-OTC: PMNXF) a nice share-price boost.
Aura welcomes Agnico as partner in Nunavut
Shares in little known junior explorer Aura Silver Resources (TSXV: AUU; US-OTC: AUSVF) have been on the rise since Agnico Eagle Mines (TSX:AEM; NYSE:AEM) agreed to option into its 100%-owned Greyhound gold-silver project in Nunavut.
Sun Valley Gold loads up on shares of Belo Sun Mining
Privately held hedge fund Sun Valley Gold has added to its shareholding in Belo Sun Mining (TSX: BSX) with the purchase of 7 million shares at 19¢, bringing its total stake to 12.4% in the Brazil-focused gold explorer.
Avanti on track to build Kitsault moly mine in BC
VANCOUVER — Avanti Mining (TSXV: AVT; US-OTC: AVNMF) has been quietly going about its business over the past three years, and now the company has a clear path towards restarting production at the historic Kitsault molybdenum mine, 140 km…
Editorial: In Tsilhqot’in decision, ‘duty to consult’ becomes ‘requirement for consent’
As everyone involved in natural resource extraction in B.C. is now well aware, the June 26 decision by the Supreme Court of Canada declaring that the small Tsilhqot’in First Nation holds aboriginal title over 1,750 sq. km in central B.C….
Newcrest fined US$1.1M over disclosure
VANCOUVER — Australian gold major Newcrest Mining (ASX: NCM; US-OTC: NCMGF) has received a crystal-clear message from the Australian Securities and Investment Commission (ASIC): fulfill your disclosure requirements, and…
Banro challenger backs off from proxy battle
After waging a weeks-long campaign against the board of Banro (TSX: BAA; NYSE-MKT: BAA), Liberty Street Capital backed off its bid for control of the gold miner just two days before Banro’s annual general meeting.
Commentary: Canada’s first finding of aboriginal title – Tsilhqot’in Nation v. BC
On June 26, 2014, the Supreme Court of Canada (SCC) granted the appeal of the Tsilhqot’in Nation, confirming their aboriginal title over tracts of Crown land in B.C.