True Gold making good Karma in Burkina Faso
True Gold Mining’s (TGM-V) Karma project in Burkina Faso keeps getting better and better.
Articles by Northern Miner Staff
Editorial: Dousing the Ring of Fire
One of the surprises of the year that in some ways isn’t such a big shocker is Cliffs Natural Resources’ announcement this past week that it is suspending work at its $3.3-billion Black Thor chromite project in northern…
Correction
In last week’s story “Selwyn’s boardroom battle hits fever pitch,” Benedict Cubitt was incorrectly identified as being with Resource Capital Funds, when in fact he is with Samara Capital. We apologize for the error.
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.
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…
Selwyn’s boardroom battle hits fever pitch
VANCOUVER — A battle is brewing at Selwyn Resources (SWN-V) that pits the company’s current directors against a large dissident group that wants control not just of boardroom seats, but whether the company should even continue as a…
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…
Fortune favours a bold Fortuna Silver
Earlier this year Fortuna Silver Mines (FVI-T, FSM-N) bought a 55% stake in the Taviche Oeste concession surrounding its San Jose silver mine in Oaxaca, Mexico, from Pan American Silver (PAA-T, PAAS-Q) for US$4 million, with an option to pick…