Dividend cut and losses hurt Cliffs
Investors were beating up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
Articles by Northern Miner Staff
Antofagasta Gold confirms more gold in Chile
Antofagasta Gold (AN-V), which changed its name from Windamere Ventures this week, says initial drilling at its Capricornio property in Chile confirms it has made a new, regional scale, low-sulphidation epithermal gold discovery.
Commentary: Beefing up Canada’s anti-corruption legislation
On Feb. 5, 2013, broad amendments to the Corruption of Foreign Public Officials Act (CFPOA) were tabled in the Canadian Senate through Bill S-14, which will effectively bring Canada’s anti-corruption regime more closely in line with the…
Inmet boosts copper reserves as First Quantum bid looms
VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper…
Oyu Tolgoi’s feasibility study gets delayed
Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market on its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert with a mix of potentially good and bad news.
Sona signs MOU with Chinese contractor
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of British Columbia, about…
Kinross results weighed down by Tasiast write-down
Kinross Gold (K-T, KGC-N) will have to take the bad with the good.
Barrick takes US$3.8B hit on Lumwana copper mine
VANCOUVER – Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-X) hoped it would be.
Florence prefeasibility lifts Curis to 52-week high
VANCOUVER – Curis Resources (CUV-T) managed to buck two of the mining sector’s most persistent problems – creeping capital costs and rising operating expenses – with a prefeasibility study for its Florence copper project in…
HSBC talks silver
James Steel of HSBC in New York is raising his average price forecast for silver to US$33 per oz. for 2013 and to US$31 per oz. for 2014, up from US$32 per oz. and US$28 per oz., respectively, due to a combination of improving industrial demand…
Getting it right at Comstock
Struggling with broken balance sheets and non-progressive management philosophies is part of his DNA, Corrado DeGasperis says.
Editorial: No dilly-dally in Mali
Early February saw swift development in Mali’s civil war, with French elite troops and air power, aided by West African foot soldiers and American drones, retaking most of the northern half of the country through open combat. Players in…