First Cobalt advances Ontario-based refinery
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has released an update on the progress of recommissioning its cobalt refinery in partnership with Glencore (LON: GLEN). The company expects to complete a…
Articles by Northern Miner Staff
Centamin rebuffs US$1.9B bid from Endeavour Mining
Egypt-focused gold miner Centamin (TSX: CEE; LON: CEY) has rejected a US$1.9-billion all-stock takeover bid from Canada’s Endeavour Mining (TSX: EDV) announced earlier on Tuesday, saying it did not offer…
Newmont Goldcorp raises stake in GT Gold
Newmont Goldcorp (TSX: NGT; NYSE: NEM) is raising its stake in GT Gold (TSXV: GTT) from 9.9% to about 14.9% via an $8.3 million private placement. Currently, there are two…
BHP boosts investment in SolGold
BHP Billiton (NYSE: BHP) is spending US$22 million to boost its stake in SolGold (TSX: SOLG; LON: SOLG) to 14.7% from 11.1%, making it one of the two largest shareholders…
Glencore’s closure of Brunswick smelter won’t impact Caribou, Trevali says
Glencore’s (LON: GLEN) decision earlier this month to permanently close its Brunswick lead smelter in New Brunswick by the end of the year, won’t interfere with the lead concentrate Trevali…
Interview: Tocqueville’s Hathaway sees ‘tremendous opportunity’ in gold equities
John Hathaway, chairman of Tocqueville Management Corp. and co-manager of the Tocqueville Gold Fund, joined Anthony Vaccaro, The Northern Miner Group publisher, at the November 2019 Precious Metals Summit in…
BHP appoints insider as CEO
BHP (NYSE: BHP; LON: BHP) has appointed Mike Henry as its new CEO starting Jan. 1, 2020. Henry will replace CEO Andrew Mackenzie, who is retiring on Dec. 31. Currently…
Southwest US Snapshot: Precious metals, battery metals and uranium activity
In our annual overview of exploration and mining activity in the Southwestern U.S., we focus on eight companies active in the region. Precious metals appear to be the exploration target…
Commentary: Changes in financial markets trouble mining industry
Analysts at CPM have studied the precious metals and commodities markets — including investment trends in mining equities — since the 1970s. This long and intimate involvement gives us insight…
Trevali reports record quarterly zinc production
Trevali Mining (TSX: TO) released Q3 financial and operating results from its operations in Canada, South America and Africa. Q3 zinc production came in at 106.8 million pounds payable, a…
Commentary: Gold sector fragmentation hurts investors
Of all the mining sectors, gold is possibly the most fragmented, and the gold industry and its investors would realize considerable benefits from consolidation. Brokerage Pollitt & Co. estimates that…
Fireside chat with Kirkland Lake Gold’s Tony Makuch
The Northern Miner hosted its third annual Progressive Mine Forum in October. During the event, Tony Makuch, president and CEO of Kirkland Lake Gold (TSX: KL; NYSE: KL), sat down…