Articles by Northern Miner Staff

TSX Venture trends downward, Oct. 14-17

The S&P/TSX Venture Composite couldn’t break out of its funk during the shortened trading week, as it dropped 2.1%, or 17 points, en route to an 810.13-point close. Commodity futures rallied slightly, though energy prices continue to…



Drillers at an Orbis Gold drill site in Burkina Faso. Credit: Orbis Gold

Semafo amends bid for Orbis Gold

Semafo (TSX: SMF) has amended its bid for 100% of Orbis Gold (ASX: OBS) to A$0.65 per share from its proposal on Oct. 12 of between A$0.62 and A$0.65 per share in a deal now worth A$163.9 million (US$143 million).


ICSG forecasts copper surplus in 2015

After five years in a row of deficits, the copper market should show a production surplus in 2015, according to The International Copper Study Group.


Lonmin doubles down on Wallbridge JVs in Sudbury

VANCOUVER — U.K.-based platinum group metals (PGM) outfit Lonmin (LSE: LMI; US-OTC: LNMIY) remains bullish on the Sudbury basin and its expansive joint venture with junior Wallbridge Mining (TSX: WM; US-OTC: WLBMF). On Sept. 20…


Clarification

The story “Probe Mines brings ex-Barrick CEO on board” (T.N.M., Sept. 29-Oct. 5/14),  included analysis of Probe Mines’  (TSXV:PRB)Borden gold project by Mike Hocking, a mining analyst at Scotia Capital. The story…






Workers channel-sampling at Mkango Resources' Songwe Hill REE project in Malawi. Credit: Mkango Resources

Mkango climbs on Malawi’s REE potential

It’s a little unusual for a Canadian junior to skip a preliminary economic assessment and proceed to the prefeasibility stage, but that strategy seems to have worked for Calgary-based Mkango Resources (TSXV: MKA), judging by the…


Drillers at an Orbis Gold drill site in Burkina Faso. Credit: Orbis Gold

Orbis Gold spurns Semafo’s advances

A day after the board of directors of Orbis Gold (ASX: OBS) rejected an unsolicited all-cash takeover offer made on the Thanksgiving holiday weekend from Montreal-based Semafo (TSX: SMF; US-OTC: SEMFF), the Australian mining company released an…


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