Centamin battles legal challenge from Egyptian court
Gold miner Centamin (CEE-T, CEY-L) has run into legal problems at its flagship Sukari operation near the Red Sea in southeastern Egypt.
Articles by Northern Miner Staff
Fordia takes the Grand Prix
Quebec-based, diamond-drilling equipment manufacturer Fordia has been recognized by the Quebec Society for Quality (QSQ), a professional standards organization.
SGS expands in the UK, Colombia
Global metallurgical services provider SGS is expanding its operations across the globe.
Magellan’s bright outlook at Coringa
Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) of its Coringa gold deposit in Brazil’s Tapajos province. It concludes that strong economics justify moving the project to the feasibility stage, with a…
Soft uranium market hurts Cameco’s Q3 earnings
With its latest quarterly earnings, Cameco (CCO-T, CCJ-N) proved that its current operational deftness hasn’t been enough to protect its bottom line.
Turquoise Hill secures power for Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized a much-anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
Market news
Toronto Stock Exchange
Metals, mining and money markets
Spot prices
Centerra’s Atkinson shows the way at Kumtor
Despite weak earnings due to a seven-week shutdown at its flagship Kumtor gold mine, 60 km south of the Chinese border in the Kyrgyz Republic, Toronto-based Centerra Gold (CG-T) has two big reasons to celebrate its third-quarter results: it has…
Osisko to acquire Queenston
It’s not easy these days for chief executives and their boards to strike a balance between shareholders who scream for growth and those who demand consistent free cash flow and higher dividends.
Andina jumps on Hochschild’s $103M takeover bid
Shares of Toronto-based junior Andina Minerals (ADM-V) have nearly doubled, as it has agreed to a $130-million, all-cash takeover by Peru-based precious metals producer Hochschild Mining (HOC-L).
Harry Winston to buy Ekati for US$500M
One year after BHP Billiton (BHP-N, BLT-L) announced it was looking at selling its diamond business, the company has found a buyer in Harry Winston Diamond (HW-T, HWD-N).