Copper Mountain disappoints but remains optimistic
Copper Mountain Mining (CUM –T) missed its production guidance but the market seemed unfazed by the news.
Articles by Northern Miner Staff
KSM keeps growing for Seabridge Gold
VANCOUVER – Seabridge Gold’s (SEA-T) KSM project is already one of the largest undeveloped gold projects in the world, home to 38 million ounces of gold and 10 billion pounds of copper. But with drills tapping into deep core zones and new…
Rio Tinto pays a steep price for Alcan blunder
VANCOUVER — London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) continues to be haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum leader Alcan in 2007.
Fipke takes legal action to stop Ekati sale
Chuck Fipke, a minority shareholder in the Ekati joint venture, is trying to block BHP Billiton (BHP-N, BLT-L, BHP-A) from selling its majority interest in the Ekati diamond mine to Harry Winston (HW-T, HWD-N) for US$500 million.
Kivalliq stacks uranium resources at Angilak
VANCOUVER — It has been roughly three years since Vancouver-based uranium explorer Kivalliq Energy (KIV-V) began drilling in earnest at its 1,377-sq.km Angilak property in Nunavut. The company long maintained it was looking at a…
Commentary: Seabed mining still lacks ground rules
As the natural resources available on land become less and our need for them grows, exploration activities move offshore.
Denison to buy uranium explorer Fission
Denison Mines (DML-T, DNN-X) is staying true to its strategy of becoming a leading uranium explorer in the eastern Athabasca Basin region of Saskatchewan by agreeing to acquire Fission Energy (FIS-V) for roughly $70 million.
Turkish delight continues for Pilot Gold
VANCOUVER – A high-grade gold zone is emerging at the north end of Pilot Gold’s (PLG-V) TV Tower project in Turkey, complete with drill intervals that regularly contain visible gold.
NGEx continues its big run with Josemaria resource
It has been a stellar six months for Vancouver-based explorer NGEx Resources (NGQ-T) and its portfolio of copper-gold prospects that lie along the Chilean-Argentine border.
Market news: Toronto Stock Exchange
During the trading week the S&P/TSX Composite Index rose 0.5%, or 61 points, to close at 12,602.18.
Market news: TSX Venture Exchange
The S&P/TSX Venture Composite Index posted its second consecutive gain during the trading period, rising 0.98% to 1,240.25 points for a 12.02-point weekly jump.
Market news: U.S. Markets
U.S. equities remained resilient in the wake of the Jan. 2 settlement of the fiscal cliff debate, but the rally slowed slightly ahead of earnings season. The Dow Jones Industrial Average gained 0.4% to close at 13,488.43, while the S&P 500…