Yukon gov’t extends staking ban in Peel watershed
The Yukon government has extended a mineral-staking ban in the Peel watershed until May 4, 2013, while it develops a land-use plan for the region. The ban was set to expire on Sept. 4.
Articles by Northern Miner Staff
Inmet bids for Petaquilla
In what looks like a move to tidy up the neighbourhood, Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash or equity. Petaquilla operates the Molejon gold mine in Panama, adjacent to Inmet’s Cobre…
People
Athabasca Uranium — Paula Rogers appointed a director.Atlanta Gold — Wm. Ernest Simmons appointed president and CEO.Aura Minerals — Britt Reid departed as executive VP and COO.Canadian Electrolytic Zinc — Eva Carissimi…
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, September 11, 2012 Precious MetalsPrice…
Toronto Stock Exchange
The S&P/TSX Composite Index gained during the trading week to close at 12,268.01, up 319 points from where it began.The lift followed two major announcements, including the European Central Bank’s plan to buy government bonds from…
Vista keeps growing Mt. Todd
Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for its Batman deposit at the company’s Mt. Todd gold project in Australia’s Northern Territory.
Exco Resources fights takeover bid
Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…
Helio gets the numbers on SMP
Helio Resource (HRC-V) looks to have a promising project on its hands . . . especially if it can prove up the integrity of a future pit wall.
[Update] Great Basin’s great descent
Great Basin Gold (GBG-T, GBG-X) continues to tumble as it’s placed under a delisting review by the Toronto Stock Exchange, following the market response to the suspension of the company’s Burnstone gold mine in South Africa.
Pretium lowers Brucejack’s resource estimate
Pretium Resources’ (PVG-T, PVG-N) saw total resources at its Brucejack gold-silver project in northern B.C. decrease after publishing an updated resource estimate for one of the project’s underground deposits.
Strathmore diversifies with copper and gold
Strathmore Minerals (STM –T) has gained a bit of diversification.
Lynas Corp. inches ahead
Lynas Corporation (LYC-A) has been developing its massive rare earths project in Western Australia for more than ten years and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board brought the project one step closer…