Papua New Guinea continues to scare off miners
Aldridge Minerals (AGM-T) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).
Articles by Northern Miner Staff
Lupaka and Andean propose merger
Board members at both Lupaka Gold Corp. (LPK-T) and Andean American Gold Corp. (AAG-V) are unanimously backing a proposed merger of the two companies that would create a Peru-focused gold explorer and developer with combined resources of 2.1…
Brazilian magazine calms fears
One week after Reuters reported — quoting anonymous high-level Brazilian government and mining industry officials — that Brazil was considering canceling mineral rights that the government deems strategic such as phosphate, potash…
Trevali adds tonnes to Santander resource
VANCOUVER — Trevali Mining (TV-T) has added significantly to the resource base at its Santander mine in Peru as it advances the project towards production.
Global Minerals seeks silver in historic Slovakian mine
VANCOUVER — A common tale amongst grand old communist regions is the historic state-run mine that now lies in disrepair following the blossoming of democratization and liberalization in parts of Eastern Europe. International explorers…
Oil Can resource lifts Champion Minerals
Champion Minerals (CHM-T) is trading higher on news that its 100%-owned Oil Can iron-ore deposit, six km north of its flagship Fire Lake North project in the southern end of the Labrador Trough, contains nearly one billion tonnes of…
High Desert hits new zone at Gold Springs
High Desert Gold (HDG-V) said it would find new gold mineralization in undrilled areas below outcropping gold mineralization and now it has.
Chalco and Ivanhoe extend SouthGobi deal deadline
VANCOUVER — The Aluminum Corporation of China (Chalco) and Ivanhoe Mines (IVN-T, IVN-N) have agreed to wait a month before Chalco make its official offer to buy Ivanhoe’s stake in SouthGobi Resources (SGQ-T) as doubts remain as to…
Glencore, Xstrata face investor activism
VANCOUVER — A deal that could be viewed as the flagship transaction in natural resource mergers and acquisitions is facing heavy criticism from a group of activist investors, as prominent shareholders of mega-miner Xstrata PLC (XTA-L)…
Virginia and Altius strike strategic alliance
Shares of Virginia Mines (VGQ-T) closed 12¢ or 1.3% higher at $9.13 apiece while Altius Minerals (ALS-T) climbed 9¢ or 0.9% to $10.73 on news the two companies had struck a strategic alliance to cooperate on exploration for base and…
Barrick undeterred by latest Argentinian court ruling
Despite an unfavorable court ruling, Barrick Gold (ABX-T, ABX-N) is confident that its Pascua Lama project will push ahead.
Chubut’s draft mining legislation confounds miners
Pan American Silver (PAA-T, PAAS-Q) is warning shareholders that if draft mining legislation proposed by the governor of Argentina’s Chubut province becomes law, its Navidad silver project will become uneconomic.