Oglebay Norton exits taconite operations
Oglebay Norton (NASDAQ) will not extend its contract as manager and employer at the Eveleth Mines taconite operation in northeastern Minnesota.After years of disagreement on how the project should be …
Articles by Northern Miner Staff
Black Hawk Mining to put Redstone on hold
Preferring to sell at higher prices, Black Hawk Mining (TSE) has delayed production at its Redstone nickel deposit in northeastern Ontario. The mine will be closed until the nickel market improves.The…
Troymin and partners begin exploring in Saskatchewan
Alberta-listed Troymin Resources reports that two joint-venture partners have begun exploring two of its properties in Saskatchewan.Aur Resources has launched a 9-hole, 1,300-metre drill program on Tr…
African Mineral Resources ups its interest in MDDZ
Privately owned African Mineral Resources (AMRI) and joint-venture partner Mines D’or du Zaire (MDDZ) have bought an additional 64% interest in Societe Zairoise Minere et Industrielle due Kivu (SOMINK…
Bresea enters joint ventures
The pace of land acquisition in Indonesia appears to be picking up, as more and more Canadian companies strike deals in this latest hot spot of exploration.One company, Bresea Resources (ME), recently…
BHP, Northern Orion find copper-gold-moly resource in Argentina
After only one year of exploration, the Agua Rica project in the Argentine province of Catamarca is emerging as a copper-gold-molybdenum deposit of immense proportion.The property is held under option…
KWG backs Cuban project of Joutel
Toronto-listed KWG Resources will buy 8 million units of Joutel Resources (TSE) at 40 cents per unit, for proceeds of $3.2 million.Each unit in the private placement consists of one subordinate voting…
Alta discovers more gold at Kinsley mine in Nevada
Not only has drilling confirmed the existence of more gold at the Kinsley mine of Alta Gold (NASDAQ); the new mineralized system may represent the most significant gold find in eastern Nevada in recen…
Etruscan moving to feasibility on Koma Bangou
The recent coup d’tat in Niger has not prevented Etruscan Enterprises (VSE) from advancing to the feasibility stage at its Koma Bangou gold project.Work on the 170-sq.-km project is proceeding smooth…
International trend evident at 13th Cordilleran Roundup
The annual Cordilleran Geology and Exploration Roundup in Vancouver once again featured an international session, reflecting what is now seen as a permanent change in focus for the Canadian mining ind…
Inter-Rock funds development at Daisy
Montreal-listed Inter-Rock Gold will raise $3.5 million to finance development at the Daisy gold project near Beatty, Nev.The funds will be raised by offering units, the price of which will be establi…
Kinross closes new transactions
A group consisting of Nesbitt Burns, Midland Walwyn Capital, Scotia-McLeod, CIBC Wood Gundy, First Marathon Securities, Richardson Greenshields of Canada and Goepel Shields and partners has acquired 7…