Articles by Northern Miner Staff

The core handling facility at Sunridge Gold's Asmara project in Eritrea. Credit:  Sunridge Gold

Sunridge gets cash and government on board in Eritrea

Sunridge Gold (TSXV: SGC; US-OTC: SGCNF) says it’s the biggest milestone achieved to date at its Asmara copper–zinc–gold project in Eritrea. In one broad stroke the company has cemented its position in the country and…


Casablanca urges Cliffs to spin off international assets

Shares in Cleveland-based Cliffs Natural Resources (NYSE: CLF) have been trading heavily since activist hedge-fund Casablanca Capital urged the company to spin off its international assets and implement other changes to boost…


Drilling at Excelsior Mining's Gunnison copper project in Arizona, 105 km southeast of Tucson. Credit: Excelsior Mining

Excelsior’s strong economics at Gunnison create market stir

VANCOUVER — Excelsior Mining (TSXV: MIN) took its time with a prefeasibility study (PFS) at its Gunnison copper project in southern Arizona, but when the company finally unveiled its results on Jan. 17, the market took notice. Excelsior…



OceanaGold has employed a hedging program for its Reefton gold mine in New Zealand. Credit: OceanaGold

Is hedging making a comeback?

At the end of January, Australian gold producer Northern Star Resources (ASX: NST) announced a hedge program of 100,000 oz. gold production for one year at an average gold price of A$1,462.16 (US$1,295.28) per oz., calling its decision a…


U.S. markets, Feb. 3-7

The S&P 500 Index posted the first weekly gain in a month, rising 0.81% to 1,797.02, while the Dow Jones Industrial Average inched 0.61% higher to close at 15,794.08. The U.S. Labor Department reported that the country’s unemployment…


The in-situ recovery facility at Ur-Energy's Lost Creek uranium project Sweetwater County, Wyoming. Credit: Ur-Energy

Ur-Energy flaunts its Lost Creek project

Ur-Energy (TSX: URE; NYSE-MKT: URG) has impressed many analysts with stellar uranium grades from its relatively new Lost Creek in-situ recovery facility in Sweetwater County, Wyo., despite missing initial production targets.


Augusta Resource's Rosemont copper project, 50 km southeast of Tucson, Arizona. Credit: Augusta Resource

Augusta takes Rosemont to the next level

It only took a letter from a non-governmental organization (NGO) to cut deep into the equity value of Augusta Resource (TSX: AZC; NYSE-MKT: AZC) late last year, but since then the company has been building back value while securing…




Correction

The story “Newmont sees rough road this year” (T.N.M., Feb. 10–16/14) incorrectly reported Newmont Mining’s 2014 production guidance as 4.4 to 4.8 million oz. gold. Newmont’s attributable production guidance for…



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