Keegan and PMI merging to form Asanko Gold
With debt and equity financings hard to come by, mine developers are turning to more creative ways to finance their projects.
Articles by Northern Miner Staff
Dolly Varden hopes to find the next Eskay Creek
The management team at Vancouver-based Dolly Varden Silver (DV-V) had been keeping its eye on an intriguing piece of mining history in northwestern B.C.’s Stewart complex for quite some time. Both chairman John King Burns and…
Talison board warms to Chengdu Tianqui bid
A subsidiary of Chinese conglomer-ate Chengdu Tianqi Industry Group has raised its offer price for Talison Lithium (TLH-T) from $7.15 to $7.50 per share, and the Australian lithium producer’s board and its largest shareholder, Resource…
Teras top 1M oz. gold at Cahuilla in Cali
Calgary-based explorer Teras Resources (TRA-V) accomplished its first goal at its flagship Cahuilla gold-silver project in northwest Imperial County, California. On Nov. 30, the company pulled together historic data and results from a two-year…
Pilot, Teck tune in to Turkish TV
Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK-T, TCK-N) sent the junior explorer’s shares up 3% to $1.87, with 1.8 million shares changing hands.
Richmont delivers double whammy in Quebec
Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with shares sinking to a new 52-week low after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…
Brixton cuts high grades at Oban in 2012
VANCOUVER — Vancouver-based explorer Brixton Metals (BBB-V) cannot help but be excited by the silver-equivalent grades it has been cutting at its Thorn pollymetallic project 130km southwest of Atlin in northwestern British Columbia….
Paris Hills gets bigger, better for Stonegate
Stonegate Agricom (ST-T) has stepped closer to bringing its Paris Hills phosphate project in Idaho on-stream, potentially by late 2014, with a positive feasibility study outlining a bigger and better project than previously thought.
Semafo rights the ship
Semafo (SMF-T) is bouncing back from a tough third quarter which saw production dip at its key mine in West Africa.
Eldorado to raise US$600 million
In November, Eldorado Gold (ELD-T) announced plans to offer up to US$500 million in senior unsecured notes due in 2020 to help the company implement growth initiatives and augment its balance sheet. But the proposed offering was withdrawn…
Flow-through donations may be safety net for junior explorers
It’s no secret that tight equity markets are hurting junior mining and other resource exploration firms in Canada as they struggle to find the vein of capital to keep their operations running and their valuations from leeching away.
U.S. markets up and down on mixed news
The theme for the period was competing forces as an upbeat report on U.S. jobless claims was weighed against no progress in budget negotiations connected to the coming fiscal cliff. The tension between the two made for mixed results over the…