Petra Diamonds recovers 122.52 carat blue diamond
The Cullinan diamond mine at the foothills of the Magaliesberg mountain range, 37 km northeast of Pretoria in South Africa, is one of the world’s most celebrated diamond mines.
Articles by Northern Miner Staff
Hummingbird Resources to acquire Gold Fields’ Yanfolila
Exploration and development company Hummingbird Resources (LSE-AIM: HUM) is banking on becoming a near-term producer with the all-share acquisition of Gold Fields’ (JSE: GFI) Yanfolila project in southwestern Mali, an advanced-stage…
Mandalay acquiring Elgin for $70M
VANCOUVER — Toronto-based gold miner Mandalay Resources (TSX: MND; US-OTC: MNDJF) had been on the lookout for an acquisition to boost its near-term production profile, and it has apparently found a fit in Elgin Mining (TSX: ELG,…
Fort Hills a ‘sweet spot’ for Teck
The Fort Hills oilsands project remains Teck Resources’ (TSX: TCK.B; NYSE: TCK) main growth project, Andrew Golding, the company’s senior vice-president of corporate development, said during the 2014 Global Metals, Mining and Steel…
TSX Venture returns to the green, June 2-6
The S&P/TSX Venture Composite Index bounced back during the week, rising 3.46 points, to close at 987.45. Investor sentiment improved after the U.S. Labor Department said the economy created 217,000 jobs in May. Meanwhile, the European…
Victory Nickel has the frac sand plan
Victory Nickel (TSX: NI; US-OTC: VNCKF) didn’t set out to be part of the premium frac sand business.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 10 2014Precious MetalsPrice…
Palladium prices hitting new highs
A rare combination of ongoing strikes in South Africa’s platinum group metal mines combined with political tensions between Russia and Ukraine have translated into three-year highs for palladium prices in early June, resulting in one of…
U.S. equities remain in positive territory, June 2-6
U.S. equities posted their third straight weekly gain, driven by strong payroll data and optimism about economic growth. The economy added 217,000 jobs in May while the unemployment rate held steady at 6.3%. The Dow Jones Industrial Average…
Cove makes the grade for Premier
It may have made its name on its Hardrock gold project in Ontario but Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is bolstering its project pipeline in Nevada.
Wildcat spotting delays Augusta’s permit at Rosemont
A recent sighting of an ocelot wildcat near Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) Rosemont copper project near Tucson, Ariz., has triggered U.S. environmental authorities to believe further consultation is needed before the company…
Roughrider rises again
VANCOUVER — “We were shocked the land was available,” says Dale Wallster, a director of Kivalliq Energy (TSXV: KIV), in an interview. “So we staked it — but when you stake land in Saskatchewan, other interested…