Waterton boosts Chaparral bid
VANCOUVER – Five months after first bidding for Chaparral Gold (TSX: CHL), Waterton Global Resource Management has increased its offer for the Nevada gold explorer.
Articles by Northern Miner Staff
Cliffs reports disappointing Q2 ahead of proxy vote
Whether or not a dissident shareholder succeeds in replacing Cliffs’ (NYSE: CLF) CEO at its annual general meeting next week, big changes are likely in store for the iron ore and metallurgical coal miner.
Kennady Diamonds expands drill program at Kennady North
Encouraging results from its Kennady North diamond project in the Northwest Territories have Kennady Diamonds (TSXV: KDI) doubling its summer drill program, adding a third drill, and rethinking the potential size of the project.
Cameco puts Cigar Lake on ice
VANCOUVER — Cameco (TSX: CCO; NYSE: CCJ) has suspended mining at its Cigar Lake uranium mine in Saskatchewan so that the high-grade orebody can freeze — a necessary step in mining the waterlogged deposit.
Barrick CEO Sokalsky stepping down
Barrick Gold’s (TSX: ABX; NYSE: ABX) president and CEO Jamie Sokalsky will be leaving his post in September, as part of a management shakeup whereby the major gold producer is axing its CEO role and naming two executives as…
Panoro could get snapped up, Laurentian says
Panoro Minerals (TSXV: PML; US-OTC: POROF) has completed a $5.8-million equity financing of 13.8 million shares at 42¢ underwritten by Laurentian Bank Securities and National Bank Financial. The money will help further exploration work at…
Calibre Mining a golden bet in Nicaragua
VANCOUVER — Junior Calibre Mining (TSXV: CXB; US-OTC: CXBMF) appears well positioned to benefit from a trio of promising regional gold assets in Nicaragua.
New management at Anglo Pacific shifts focus to royalties
After graduating with a BA from Harvard University and an MBA from Harvard Business School, Julian Treger launched his career working for Lord Rothschild as an in-house corporate financier managing a portfolio of public and private equity…
Endeavour Mining bounces back in 2014
VANCOUVER — After posting a big-time loss in 2013, West Africa-focused gold producer Endeavour Mining (TSX: EDV; US-OTC: EDVMF) pledged for a comeback, and based on the company’s performance over the first half of…
U.S. equities edge higher, July 14-18
The downing of a Malaysia Airlines passenger jet by suspected pro-Russian militants in Ukraine and Israel’s invasion of Gaza triggered a sell-off on July 17, but U.S. markets ended the trading week in positive territory, with the Dow…
Lundin on track at Eagle in the UP, responds to acquisition speculation
VANCOUVER — Lundin Mining (TSX: LUN; US-OTC: LUNMF) looks to be on point at its newest acquisition, namely the Eagle nickel–copper mine, 45 km northwest of Marquette, Mich. The base metal miner picked up the asset from Rio…
TSX Venture loses ground for a second week, July 14-18
The S&P/TSX Venture Composite Index finished in the red for a second straight week after dropping 10.69 points en route to a 1,012.24-point close. Investors are monitoring geopolitical uncertainty in the Ukraine, as well as ongoing armed…