Commentary: Road to Ring of Fire is paved with legal briefs
Now that Cliffs Natural Resources has finally won a round in Ontario’s legal system, are they any closer to gaining access to their Ring of Fire chromite motherlode?
Articles by Northern Miner Staff
Problems at Ambatovy hurt Sherritt’s Q2 earnings
Sherritt International (TSX: S; US-OTC: SHERF) reported a $30.1-million net loss in the second quarter, largely due to its Ambatovy joint-venture nickel–cobalt project in Madagascar, where it reduced the project’s annual…
Editorial: Who designed the Mount Polley tailings dam?
It’s a week and a half after the massive tailings spill at Imperial Metals’ Mount Polley copper–gold mine in B.C.’s Cariboo region, and many unclear aspects of the disaster are coming into better focus.
U.S. equity indexes end marginally higher, Aug. 4-8
U.S. equity indexes were down for most of the week, as Russia banned imports of some western foods and U.S. warplanes prepared to strike targets in Iraq for the first time since 2011. But markets edged higher on Friday after Russia’s…
TSX and TSX Venture warrants
The following are warrants of mining-related companies currently trading on the Toronto Stock Exchange and the TSX Venture Exchange:
Short Position Report
Short positions outstanding on July 31, 2014 (with changes from July 15, 2014).
Kennady climbs on more high-grade diamond results
Ahead of a maiden resource estimate due out later this year, results from Kennady Diamonds’ (TSXV: KDI) Kennady North project in the Northwest Territories continue to confirm expectations of a high-grade project.
San Gold to merge with Kerr Mines
Winnipeg-based junior miner San Gold (TSX: SGR; US-OTC: SGRCF) is merging with Toronto-based explorer and developer Kerr Mines (TSX: KER; US-OTC: AISDC). San Gold intends to use the skills it honed turning around its Rice Lake gold mine complex…
Alderon Iron Ore signs offtake deal with Glencore
Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) has secured a second offtake agreement for iron ore from its 75%-owned Kami project in the Labrador Trough, bringing it one step closer to a financing agreement for the US$1.3-billion project.
TSX declines, July 28-Aug.1
Canada’s main stock index tumbled during the trading week, posting its biggest drop since early May.
Troy fast tracks Karouni with open-pit plan
VANCOUVER — Gold producer Troy Resources (TSX: TRY; US-OTC: TRYRF) acquired the Karouni gold project located 180 km southwest of Georgetown, Guyana, US$200 million just over a year ago, and now anticipates having a mine in operation…
Asanko approves gold mine construction in Ghana
Asanko Gold’s directors (TSX: AKG; NYSE: AKG) have given management the green light to build the first phase of the Asanko gold mine in Ghana for US$295 million, and the company expects to break ground within a month.