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 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…
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.
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 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…
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.
U.S. equities were hammered following comments mid-week from U.S. Federal Reserve Chairman Ben Bernanke that the central bank would scale back its quantitative easing program later this year. At a press conference Bernanke said he expects asset…
The strong run that equity markets had been enjoying for much of the year came to an end during the period, and the S&P/TSX Composite Index did not escape the global market trend. The index was off 255 points to 11,955.66 points for the…
Explanations for the most recent drop in gold prices generally begin and end with Ben Bernanke’s recent comments regarding the possible end to quantitative easing.
Endeavour Silver (EDR-T, EXK-N) is continuing its mission of Mexican rejuvenation.
The S&P/TSX Venture Composite Index continued a three-week slide, dropping 4%, or 37.78 points, before closing out the week at 895.79.
Canada’s extractive industries got some high-profile international attention in mid-June. Prime Minister Stephen Harper used the lead-up to the G8 summit in London to announce that the federal government intends to establish new mandatory…
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