Bob Rae on the Ring of Fire
Talks between First Nations and the Ontario government regarding development in the remote Ring of Fire area are set to start soon, now that both sides have appointed lead negotiators.
Articles by Northern Miner Staff
Candente eyes Cobriza to boost opportunities
The whole appears greater than the sum of its parts for Candente Copper (TSX: DNT), which is acquiring Cobriza Metals (TSXV: CZA; US-OTC: CBZMF) — a company it spun out in late 2011 — to survive and hopefully thrive in a harsh…
TSX Venture Exchange, July 29-Aug. 2
The S&P/TSX Venture Composite Index put an end to its four-week winning streak, slipping 1.73 points during the trading session to close at 923.56 points.
Energy Fuels looks to be the name in US uranium mining
Uranium prices look poised to finally come back around, and Energy Fuels (TSX: EFR; US-OTC: EFRFF) is hoping to be one of the first places for investors to park their capital.
Semafo gets cash for Samira Hill
In a tough gold market, Semafo (TSX: SMF; US-OTC: SEMFF) has turned a non-core asset into cash.
Underground work delayed at Oyu Tolgoi
Shares in Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) plunged nearly 20% after the miner’s parent company Rio Tinto (NYSE: RIO; LSE: RIO) halted underground work at the Oyu Tolgoi mine until the Mongolian parliament…
Paladin’s production, cost-cutting impresses
With the uranium price dropping, Paladin Energy (TSX: PDN) is finding ways to cut costs and prepare for a quick expansion, in case prices rebound.
U.S. markets, July 29-Aug. 2
Mixed jobs data and comments from the U.S. Federal Reserve that it would keep buying US$85 billion per month in Treasury and mortgage securities were the main headlines during the trading week. Non-farm payrolls rose by 162,000 in July, which…
Editorial: Potash earthquake
Like a sudden Saskatchewan thunderstorm, the potash market surprised everyone yet again with its capacity for drama and destruction, as everyone learned just how important the Russian-Belarusian potash cartel had been all this time in…
Colossus falls on delay at Serra Pelada
Colossus Minerals’ (TSX: CSI; US-OTC: COLUF) shares fell hard after the company announced that it needs more dewatering capacity at its Serra Pelada polymetallic development project in Brazil.
Strateco appears out of luck at Matoush
Any chance that Strateco Resources (TSX: RSC; US-OTC: SRSIF) had in advancing its Matoush uranium project in northern Quebec’s Otish Mountains after the provincial government temporarily banned uranium development in late March has been…
Obituary: WGM’s Jack McOuat
John (Jack) McOuat, an icon of the Toronto mining scene and the last surviving co-founder of the independent geological and mining consulting firm Watts, Griffis and McOuat (WGM), died on July 30 at age 80 at the Sunnybrook Hospital in Toronto.