Semafo, High Desert to merge
Under a merger agreement reached this week, West African explorer Semafo (SMF-T) will merge with royalty company High Desert Mineral Resources (HDR-V).High Desert shareholders will take away a 55% sta…
Articles by Northern Miner Staff
Grayd pulls VMS values from Dry Creek property
Grayd Resources (GYD-V) continues to hit impressive massive sulphide intersections at its wholly owned Dry Creek property near Fairbanks, Alaska.The company recently released results from seven drill …
COMMENTARY –A new approach to land use
Several jurisdictions across the country are engaged in consultations designed to develop plans for the future use of Crown land. Much of the struggle hinges on finding a balance between two apparent …
SUPPLIERS NEWS ROUNDUP — Knelson expands in BC
Knelson Concentrators has constructed an additional development laboratory in Langley, B.C.The Knelson Research and Testing Centre will test gravity recovery rates for local and international explorat…
McClean Lake approved
The Atomic Energy Control Board (AECB) has approved construction of the tailings storage plant at the McClean Lake uranium project in northern Saskatchewan.McClean Lake, which has a minable reserve of…
Atlas, Arizuma plan merger
Juniors Atlas Mining Company (ALSM-N) and Arizuma Silver (ARZS-C) have signed an agreement-in-principle to merge.Under the proposed plan, Atlas shareholders would hold 51% of the voting shares of the …
FACTS ‘N’ FIGURES — IMF to hang on to gold
Although gold no longer has an official role to play in the international monetary system, it continues to serve an important function by underpinning the financial strength of the International Monet…
Nevsun expands gold deposit in Mali
Nevsun Resources (NSU-T) has boosted its resource estimate by 29% at the Tabakoto gold project in western Mali.The estimate is based on 250 diamond drill holes and 382 reverse-circulation holes. A cut…
Colorado junior to focus on Alaskan prospects
A little-known private company has signed an exclusive option agreement with Doyon Limited, an Alaskan native corporation, for a 25-property package totalling more than 7 million acres in the state’s …
SUPPLIERS NEWS ROUNDUP — Kvaerner named top engineer
Kvaerner has been named the world’s leading engineering firm in a list compiled by Engineering News-Record, a New York-based trade publication.The $10-billion, London-based company topped the list, en…
MINING MARKET & INVESTMENT NEWS — Mispec completes property deal
At a special meeting in mid-August, shareholders of Mispec Resources (MPE-M) voted to issue 20 million shares, thereby boosting ownership of the company’s Indonesian gold properties.Once completed, Mi…
MINING MARKET & INVESTMENT NEWS — Nebex deal in jeopardy
An inability to raise required financing has placed Nebex Resources (NBT-T) in breach of a definitive agreement to acquire the Munelle base metal concession in Albania.The Calgary-based junior was una…