Centerra threatens to shut down Kumtor
Centerra Gold (TSX: CG) said that it would start shutting down its Kumtor gold operation in Kyrgyzstan if it doesn’t receive approval for its 2014 mine plan and related operating permits by June 13.
Articles by Northern Miner Staff
Skyharbour scores with 100% acquisition of Way Lake
During the fourteen years Rick Kusmirski worked at JNR Resources, the former Cameco Corp. (TSX: CCO; NYSE: CCJ) geologist headed exploration teams that discovered two significant uranium deposits in Saskatchewan’s eastern Athabasca Basin: the…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, May 27 2014 Precious MetalsPrice…
Barrick’s Arturo project gets go ahead from BLM
It took nearly five years, but the Bureau of Land Management has issued a positive record of decision (ROD) on the final environmental impact statement (EIS) allowing Barrick Gold (TSX: ABX; NYSE: ABX) to restart and expand a past-producing…
Balmoral shares surge on Bug Lake results
Shares of Balmoral Resources (TSX: BAR; US-OTC: BALMF) surged 21% to $1.04, with 4.6 million shares trading hands after the junior reported an intercept of 1,138 grams gold per tonne over 4.9 metres, including 9,710 grams gold over 0.57 metre…
RTG Mining has big plans in the Philippines
The former management team of CGA Mining, which redeveloped and opened the Masbate gold mine in the Philippines and then merged last year with B2 Gold (TSX: BTO; NYSE-MKT: BTG) in a deal worth US$1.1 billion, is hoping to repeat some of that…
Dominion Diamond’s sparkling start in fiscal 2015
Toronto-based Dominion Diamond (TSX: DDC; NYSE: DDC) reported a strong operational start to the year, with higher-than-expected diamond production, sales and average prices for its first quarter of fiscal 2015.
Arianne Phosphate grows Lac Paul
Arianne Phosphate (TSXV: DAN; US-OTC: DRRSF) says one of the world’s largest greenfield phosphate-rock projects has just gotten bigger, with near-surface inferred resources added from the Lac à Paul deposit’s Nicole zone in…
True Gold making Karma a reality in Burkina Faso
True Gold Mining (TSXV:TGM) is gaining market momentum, as it gears up to build its flagship Karma gold mine project in north–central Burkina Faso.
Resource grows at Continental’s Buritic in Colombia
Continental Gold (TSX: CNL; US-OTC: CGOOF) has updated the resource estimate for the two major vein systems at its Buritica gold project in Colombia. Both systems are characterized by multiple, steeply dipping veins and broader, more…
TSX accelerates, May 19-23
Energy and banking stocks helped drive the S&P/TSX Composite Index higher, while Canada’s main stock index also got a lift from reassuring comments mid-week in the U.S. from the Federal Reserve that it remains committed to withdrawing…
U.S. stock markets continue to roll, May 19-23
U.S. stock markets shunned the bears and rewarded the bulls — while dismissing the old adage to ‘sell in May and go away.’ With stronger-than-expected manufacturing numbers out of Asia pointing to resilience in global growth,…