Xstrata grows Alumbrera, earnings
Swiss-based, diversified base metal miner Xstrata (XTA-L) has boosted reserves by more than 10% at the Alumbrera co…
Articles by Northern Miner Staff
Gold-Ore buying Bjorkdal mine (August 10, 2005)
Vancouver – Looking to graduate to producer status, Gold-Ore Resources (GOZ-V) is purchasing the Bjorkdal gold mine…
Sparton and Santoy consolidate Blizzard holdings
Vancouver Sparton Resources (SRI-V) and Santoy Resources (SAN-V) have consolidated their joint-venture holdings i…
First Quantum rides copper wave
Vancouver – Increased mine output and soaring metal prices pushed African copper producer First Quantum Minerals (F…
Laramide ropes uranium package (August 09, 2005)
Laramide Resources (LAM-V) has agreed to pay US$3.75 million for a package of four uranium properties held by Barri…
Gold Fields boosts stake in GoldQuest
Vancouver South Africa’s Gold Fields (GFI-N) has boosted its stake in GoldQuest Mining (GQC-V), a Toronto-based j…
Canyon nixes Hycroft acquisition
Vancouver Based on a due-diligence review, Canyon Resources (CAU-X) has elected not to purchase the past-producin…
Canico gets Ona-Puma feasibility (August 08, 2005)
Vancouver – Canico Resource (CNI-T) has received results of the long awaited feasibility study on its Ona-Puma nic…
Costs, Camp Caiman economics sink Cambior (August 08, 2005)
Rising costs for energy and raw materials outweighed a 14% increase in revenues, and trimmed Cambior’s (CBJ-T) earn…
Avnel buoyed by gold discovery in Mali
Vancouver Based on encouraging results from an exploratory drill program, Avnel Gold Mining (AVK-T) is planning t…
Peruvian royalty proving problematic
Lima, Peru — Record international metals prices have been hugely profitable for Peru. They also brought with them a nasty surprise: mining royalties. Everyone, it seemed, wanted a slice of the pie. B…
Fording bullish about coal’s prospects
Vancouver — Despite recent production cuts by several major steel companies, metallurgical coal producers expect supplies to remain tight and prices high, at least into 2006. Among those bullish abou…