Orbite inks offtake deal with Glencore
Orbite Aluminae (ORT-T) has gained another vote of confidence from a major for its innovative technique to produce alumina from its aluminous clay deposit in Quebec, sending its shares soaring.
Articles by Northern Miner Staff
Commentary: A look at Canada’s strengthened Foreign Anti-Corruption Law
On June 19, 2013, Canada’s Corruption of Foreign Public Officials Act (CFPOA) was amended. New provisions significantly increase penalties for and the scope of individual and corporate liability for bribery of foreign public officials,…
Fortune Minerals gets strategic investment
Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering Co., is making an $11.7 million strategic investment in Fortune Minerals (FT-T) at a price of 40¢ per share — a 14% premium over…
Northern Miner editor-in-chief talks Ring of Fire on CBC Radio
Northern Miner editor-in-chief John Cumming was a guest of Lisa Laco this week on CBC Radio Thunder Bay’s morning program Superior Morning to discuss Cliffs Natural Resources’ decision to put the brakes on work at its Black Thor…
Premier expands Cove’s resource envelope
In the latest batch of results from 20 holes drilled into the Helen Zone at Premier Gold Mines’ (PG-T, PIRGF-O) Cove gold project in northeastern Nevada’s Eureka-Battle Mountain Trend, 19 hit mineralization.
Allana adds major potash tonnage at Danakil
VANCOUVER — Just four months after releasing a feasibility study on its wholly-owned Dallol potash asset in Ethiopia’s northeastern Danakil Depression, Toronto-based junior Allana Potash (AAA-T) has followed up with a new resource…
Lucara’s Karowe diamond mine keeps giving
Lucara Diamond (LUC-T) is one of the few junior diamond producers excelling in the turbulent markets, as it discovers more large stones at its 100%-owned Karowe diamond mine in Botswana, including a 239-carat stone, which recently sold for…
Selwyn shareholders turf entire board
VANCOUVER – Selwyn Resources’ (SWN-T) management and board did everything they could to convince investors they had shareholders’ interests at heart, but in the end it wasn’t enough.
NAP raises funds for Lac des Iles
North American Palladium (PDL-T, PAL-N), or NAP, secured some much-needed cash to keep expanding its Lac des Iles (LDI) primary palladium mine near Thunder Bay, Ont.
Corvus bumps up economics at North Bullfrog
An optimized preliminary economic assessment (PEA) for Corvus Gold’s (KOR-T) North Bullfrog open-pit gold-silver project in southern Nevada has outlined a slightly larger project with substantially better returns.
Ned Goodman’s rebellion won’t take Formation
VANCOUVER — Shareholders and a Supreme Court judge stymied an attempt by 17% shareholder Dundee (DC-T) to install new management and block an asset sale at Formation Metals (FCO-T), after a disagreement over how the cobalt-focused company…
Commentary: How to survive the mining crisis
This has been a difficult year for many mining companies. Softening commodity prices, falling share prices and significantly reduced financing opportunities have combined to create a crisis where survival is the key goal for many in the…