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Articles by Northern Miner Staff
Nautilus’ Solwara 1 deep-sea project in limbo
After last year’s funding dispute with the government of Papua New Guinea (PNG), Nautilus Minerals (NUS-T) is continuing to suspend development of its erstwhile flagship Solwara 1 deep-sea mining project.
Investors like Guyana Goldfield’s new Aurora plan
After a first feasibility study scared investors with its steep price tag and shaky economics, Guyana Goldfields (GUY-T) took its Aurora gold project back to the drawing board.
Alamos goes hostile on Aurizon
After pursuing Quebec-focused Aurizon Mines (ARZ-T, AZK-X) for years, Alamos Gold (AGI-T) has finally gone hostile, announcing a $780-million, cash-and-share bid for the junior gold miner.
Metanor finds the sweet spot
Make a wrong turn while driving along the streets of one of Canada’s great mining towns, and you may feel like you’ve gone through a portal into the past.
Cameco closes Nukem acquisition
It took longer than expected, but Cameco (CCO-T, CCJ-N) has cleared all its regulatory hurdles and acquired nuclear fuel trader Nukem Energy GmbH.
Harry Winston sells jewellery arm to Swatch for $1 billion
Eight years after getting into the jewellery sector Harry Winston Diamond (HW-T) is locking in its gains and getting out, selling its luxury retail unit to Switzerland’s Swatch Group in a $1-billion deal.
ARMZ’s $1.3B offer for Uranium One too low, analysts say
Uranium One (UUU-T) shareholders should “demand higher compensation” from majority owner ARMZ, which is bidding $1.3 billion to take the company private, one analyst says.
Clifton Star hits PEA milestone at Duparquet
VANCOUVER — The way forward continues to come into focus for junior explorer Clifton Star Resources (CFO-V) at its multi-million ounce Duparquet gold property in northwestern Quebec — 50 km by road to the north of the mining town of…
[Update] Brigus looks to a brighter 2013
Brigus Gold (BRD-T, BRD-X) has hit its 2012 production target and is eyeing more gold production and growth in the new year.
Eritrea can be risky business, NGO says
Strong preventive measures against hiring forced labour are essential for mining companies with projects in Eritrea, a new report from Human Rights Watch says.
TSX gains during Jan.7-11
The S&P/TSX Composite Index rose 0.5% or 61 points during the Jan. 7–11 week to close at 12,602.18.