Canadian Zinc gets some cash from Sandstorm
Capital may be scarce, but Canadian Zinc (CZN-T) has cut a deal that will inject US$10 million into its coffers.
Articles by Northern Miner Staff
Pacific Potash keeps climbing
VANCOUVER — Brazil is the fastest growing potash market in the world, and Vancouver-based Pacific Potash (PP-V) is hoping it can help the country sate some of its potash hunger domestically.
Western gets $32M for Milestone from Chinese firms
Western Potash (WPX-T) has lined up $32 million to develop its Milestone potash deposit in Saskatchewan, giving it some breathing room to secure more funds to advance its $3.3-billion project.
Karnalyte snags $300 million
The last six months have been very kind to Karnalyte Resources (KRN-T) and its massive Wynyard carnallite potash project in Saskatchewan.
Kinross abandons Fruta del Norte
VANCOUVER — Kinross Gold (K-T, KGC-N) is walking away from its development-stage Fruta del Norte gold project in Ecuador, five years after spending just under $1 billion on Aurelian Resources to acquire the project, and two years after…
Mediterranean gets unsolicited bid from mystery Aussie Jr.
Mediterranean Resources (MNR-T) has received a takeover offer from an Australian exploration company that CEO Christopher Ecclestone says has requested confidentiality.
Primero extends veins at San Dimas
While challenging market conditions have forced many companies to trim exploration programs this year, Primero Mining Corp. (P-T, PPP-N), which held US$141.2 million in cash as of Mar. 31, plans to spend $15 million on diamond…
U.S. markets, June 3-7
Markets rallied mainly on statistics from the U.S. Labor Department showing 175,000 jobs were added in May, up from 149,000 in April. The Dow Jones Industrial Average inched up 0.88% to 15,248.12, while the S&P 500 Index rose 0.78% to…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 11, 2013 Precious MetalsPrice…
TSX Venture Exchange, June 3-7
Mixed global economic data caught up with S&P/TSX Venture Composite Index during the trading period, with the exchange dropping 1.14%, or 11 points, en route to a 951.40-point weekly close. Unexpectedly strong job numbers in Canada were…
Aureus takes a fresh look at New Liberty
Aureus Mining (AUE-T, AUE-L) has updated a definitive feasibility study for its fully permitted New Liberty gold project in northwestern Liberia, confirming promising economics for what could become the country’s first commercial…
Touchstone looks to score in Colombia
MEDELLÍN, COLOMBIA — Junior explorer Touchstone Gold (TCH-T, TGL-L) believes its Segovia high-grade gold project in northwestern Colombia is one of the more exciting mining stories coming out of the country, which over the…