HudBay inks deal with Silver Wheaton
Construction of the $1.5 billion Constancia copper mine in southern Peru is a go and HudBay Minerals (HBM-T, HBM-N) has signed a streaming agreement with Silver Wheaton (SLW-T) to help foot the bill.
Articles by Northern Miner Staff
Northern Tiger reawakens Sleeping Giant
VANCOUVER — Northern Tiger Resources (NTR-V) has renewed interest in the Sleeping Giant zone at 3Ace project in southeast Yukon with some encouraging sampling results.
General Moly addresses cost overruns at Mt. Hope
VANCOUVER — It is not the best time to be in the molybdenum business, as U.S.-based developer General Moly (GMO-T, GMO-X) finds itself coping with rising costs at its flagship Mt. Hope development in central Nevada, along with…
Endeavour bids for Avion
Endeavour Mining (EDV-T) plans to buy Avion Gold (AVR-T) in a $389-million deal to consolidate its position in West Africa and grow its expected gold production for 2012 by 50%.
Short Position Report
TSX Short Positions Short positions outstanding at July 31/12 (with changes from July…
Molycorp sinks on Q2 loss
Second-quarter earnings season hasn’t been a picnic for most companies but Molycorp’s (MCP-N) US$67.6 million loss or US$0.71 per share in the quarter compared to a profit of US$47.8 million or US$0.53 per share in the second…
Roxgold rushes initial resource at Yaramoko
VANCOUVER — Vancouver-based explorer Roxgold (ROG-V) continues to advance its Yaramoko gold project in Burkina Faso, West Africa, despite lingering questions stemming from an unresolved proxy battle with a group of prominent shareholders….
Venture slips slightly in July 30-August 3 period
VANCOUVER — The S&P TSX Venture Composite Index slipped 3.69 points to 1,186.95 points in the July 30 to August 3 period after three days of losses outweighed two days of gains. Volume was up by several million to an average of 62…
TSX falls as ECB fails to follow through
The TSX Composite Index was off 101 points to 11,662.59 for the July 30 to Aug 3 period after the European Central Bank disappointed investors.
U.S. stocks gain on expectations, July 30-Aug.3
The Dow Jones Industrial Average managed to end the July 30–August 3 trading week above the 13,000-level, following mixed economic news from the United States and Europe. The Dow gained 20 points to close at 13,096.17.
Touchstone Gold and Atlantis Gold Mines to merge
Touchstone Gold (TGL-L) and Atlantis Gold Mines are combining their assets in Colombia to create a new gold exploration and development company that consolidates neighbouring assets in a region with a history of high-grade gold…
Editorial: Spreadsheets vs. reality
The best-laid schemes o’ the mining industry’s mice an’ men gang aft agley an awful lot these days, leaving investors with nothing but “grief an’ pain, for promis’d joy!”Yea, the inability of mining…