Aurizon rejects Alamos’ offer
Aurizon Mines (ARZ-T, AZK-X) has rejected Alamos Gold’s (AGI-T) hostile bid calling it “financially inadequate and opportunistic.”
Articles by Northern Miner Staff
U.S. equities extend winning streak, Jan. 21-25
The S&P 500 finished the week at 1,502.96 — the first time since Dec. 10, 2007, that the benchmark index closed above 1,500 points. For the week, the S&P climbed 1.1%, while the Dow Jones Industrial Average advanced 1.8% to finish…
TSX continues to roll
The TSX Composite Index continued on its recent upward trajectory as it gained 68 points for the Jan. 21-25 period. The positive run has been tied to strong corporate earnings south of the border, recovering economic growth figures from China…
Asante Gold has a history of success in Ghana
VANCOUVER — At first glance Vancouver-based Asante Gold (ASE-V) appears similar to a number of junior explorers hoping to make the next discovery in the West African nation of Ghana. Take a closer look, however, and a key difference…
Semafo sees lower grades at the Mana mine
West African gold miner Semafo (SMF-T) has unveiled a more modest guidance for 2013, primarily reflecting the lower anticipated grades at its flagship Mana mine in Burkina Faso as it wrestles higher costs.
Atico makes the grade in Colombia
Atico Mining (ATY-V) gathered market momentum the good old fashion way: by releasing some stellar drill results.
Eritrean trials and tribulations for Nevsun
Doing business in East Africa comes with its challenges, but Nevsun Resources (NSU-T) has a robust outlook for its Bisha mine in Eritrea despite dealing with matters that miners closer to home would never encounter.
Cliffs to take major hit in Q4
Two years ago when Cliffs Natural Resources (CLF-N) acquired Consolidated Thompson Iron Mines for US$4.97 billion, many critics argued the Cleveland-based company had overpaid.
Iamgold falls 15% on higher expected costs
Iamgold (IMG-T, IAG-N) shares crumbled as the gold producer estimated higher operating costs for 2013, causing analysts to cut their targets.
Endeavour Mining rises on West African promise and production
Strong production results and a promising preliminary economic assessment had Endeavour Mining (EDV-T) shareholders feeling the love.
Gold Reach: Lotsa gold and copper at Ootsa
Drilling continues to return long, mineralized intercepts from the West Seel zone at Gold Reach Resources’ (GRV-V) Ootsa property in northwest B.C.
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) from selling its majority interest in the Ekati diamond mine to Harry Winston Diamond (HW-T, HWD-N) for US$500 million.