ATAC finds new Carlin-style mineralization
ATAC Resources (ATC-V) says it has discovered a third area with Carlin-type mineralization at its Pharoah target in the Yukon. The Pharoah gold discovery was the junior’s second gold discovery this year.
Articles by Northern Miner Staff
Pac Booker hammered by BC gov’t denial
VANCOUVER — In a rare move, the B.C. Liberal government has opted to deny developer Pacific Booker Minerals (BKM-T, PBM-X) an environmental assessment (EA) certificate for its wholly-owned Morrison copper-gold project 65 km northeast of…
Claude juggles more production and shaft extension
Preliminary production results from Claude Resources’ (CRJ-T, CGR-N) Seabee Gold operation in Northern Saskatchewan are in and the results are better than expected.
Thompson plans to save $100M in costs by 2014
Thompson Creek Metals (TCM-T, TC-N) has hatched a new plan for its namesake molybdenum mine in Idaho to reduce costs, giving it more financial wiggle room to continue developing its Mt. Milligan copper-gold mine in central British Columbia.
MAG Silver completes initial resource at Cinco de Mayo
The Cinco de Mayo project in Mexico contains inferred resources of 12.45 million tonnes grading 132 grams silver per tonne, 0.24 gram gold per tonne, 2.86% lead and 6.47% zinc, MAG Silver (MAG-T, MVG-N, MAG-X) reported in a maiden resource…
Tahoe, Radius on working in Guatemala
VANCOUVER — When listing stable mining jurisdictions Guatemala would have a hard time making the grade. The small Central American country emerged from civil war in 1996, and remains in its infancy as far as development and regulatory…
Labrador Iron Mines falls on hard times
Despite having the distinction of being Canada’s newest and only independently owned iron ore producer Labrador Iron Mines’ (LIM-T) has been on a rough ride over the last while.
Updated resource pushes Continental Gold higher
Shares of Continental Gold (CNL-T) surged $1.09 or 12% to $9.90 apiece with more than six million shares changing hands on news of an updated resource estimate for the company’s Buriticá project in Antioquia, Colombia.
TSX Venture treads water Sept. 24-28
VANCOUVER — The S&P TSX Venture Composite Index fell 0.83% or 11.21 points during the Sept. 24 – 28 trading period before closing the week at 1,334.51 points. Mixed news from the European Union dampened optimism over a third…
TSX off slightly on recession fears
Growing concern over the possibility of another recession on the horizon had the TSX Composite Index following global markets as it fell 235 points to 12,317.46 points for the Sept.24-28 period.
Update: OceanaGold nears commissioning at Didipio
After the financial crisis derailed the Didipio gold-copper project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…
Constrained copper supply spells trouble
There won’t be enough copper to meet Chinese demand by the middle of the next decade, Adrian Day, president of Adrian Asset Management in London, told a group of investors at The Cambridge House conference last week in Toronto.