Iamgold cuts costs amidst falling profits
It was a mixed bag of news for Iamgold (TSX: IMG; NYSE: IAG) shareholders, as the company released third-quarter results that moved in different directions.
Articles by Northern Miner Staff
Timmins Gold revamps mine plan at San Francisco
VANCOUVER — The future came into focus for Timmins Gold (TSX: TMM; NYSE-MKT: TGD) in early November, when the company released an updated reserve estimate and mine plan for its wholly owned San Francisco gold operation, 150 km north of…
Copper Mountain sinks on $30M equity raise
Copper Mountain Mining (TSX: CUM) shares have been sliding since the company’s surprise move to raise $30.1 million in a bought deal to fund a secondary crusher and increase throughput at its eponymous copper–gold mine near…
Plata Latina aims to uncover Mexico’s next silver district
VANCOUVER — Applying new exploration models to established mining jurisdictions has long been a hallmark of junior outfits, and Vancouver-based Plata Latina Minerals (TSXV: PAL) is looking to follow suit in Mexico with its…
Pretium shares surge as bulk sample beats gold target
VANCOUVER — Pretium Resources’ (TSX: PVG; NYSE: PVG) shares soared 80% on news that the Brucejack project bulk sample has already produced more than the 4,000 oz. gold Pretium promised it would — with 20% of the sample…
Strathcona’s Farquharson on the problem with Brucejack
VANCOUVER — Strathcona Mineral Services’ resignation from the Brucejack gold project in early October dealt a huge blow to project owner Pretium Resources (TSX: PVG; NYSE: PVG). Upon its departure, Strathcona raised serious concerns…
Sandspring jumps on Silver Wheaton’s streaming deal
Silver Wheaton (TSX: SLW; NYSE: SLW) has given a confidence boost to Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) by signing its first early deposit stream agreement for the junior’s Toroparu gold project in Guyana, a week after…
Cliffs shelves Ring of Fire chromite project
VANCOUVER — Five years ago, when explorers discovered chromite in northern Ontario’s James Bay lowlands region, the metal’s primary finished form — ferrochrome, a key steelmaking ingredient — was worth US$6 per kg,…
Cordoba hits mineralization at San Matias
VANCOUVER — The first four holes into the San Matias project in Colombia all returned significant copper and gold grades over good lengths for owner Cordoba Minerals (TSXV: CDB).
Poseidon hopes to restart Mt. Windarra in 2014
Australian billionaire Andrew Forrest stepped down in September as non-executive chairman of Poseidon Nickel (ASX: POS) to focus on his philanthropic endeavours, but his resignation didn’t signal any underlying loss of confidence in…
Alix Resources all for bitcoin exchange
For those who claim that the mining industry rarely likes to adopt new technology, Alix Resources (TSXV: AIX; US-OTC: ARXFR) has a story to tell.
Chieftain finds new feeder zone
Parts of the Tulsequah Chief orebody in northwestern B.C., 100 km south of Atlin and 65 km northeast of Juneau, Alaska, were mined by Cominco — now Teck Resources (TSX: TCK.B; NYSE: TCK) — from 1951 to 1957.