Seafield shores up Miraflores
With the release of its first preliminary economic assessment on its Miraflores project in Colombia, Seafield Resources (SFF-V) has given the market something to chew on.
Articles by Northern Miner Staff
Impact Silver reaps more high-grade
Second phase drilling at the Oscar project in Mexico has returned intercepts of 1,875 grams silver per tonne over 1 metre and 115 grams silver over 23.39 metres, Impact Silver (IPT-V) reports.
Boleo cost increase triggers Baja share sell-off
VANCOUVER — Markets have recently demonstrated that when cost optics or feasibilities suddenly shift on an advance-stage mining project, the company in question will inevitably face investor-driven wrath. So the story goes for…
TSX edges higher on solid earnings
The TSX Composite Index managed to gain 71 points to finish the April 16 to 20 period at 12,147.28 points. The slight gain came as the end of the period brought positive earnings reports out of both Canada and the U.S. while some commodity…
Analyst questions Orbite’s ‘game-changing’ technology
Orbite Aluminae (ORT-T) has been pushed in the spotlight after an analyst raised concerns about some of the technology the company will use to extract alumina and rare earths from its Grande-Vallee property in Quebec.
Venture continues decline in April 16-20 period
VANCOUVER — Another week meant another drop for the S&P TSX Venture Composite Index, which fell 61.98 points to 1,397.95 points in the April 16-20 period. The index is now sitting at its lowest point since a very brief dip to 1,305.53…
Speculation mounts about Iamgold’s takeover targets
Iamgold (IMG-T, IAG-N) chief executive Steve Letwin says the cash-rich miner plans to spend $400-$500 million on an acquisition in the Americas over the coming months. The mid-tier gold producer has about $1.4 billion in cash and no debt and…
U.S. equities end in positive territory, Apr. 16-20
A strong start to earnings season in the U.S. and a pledge of US$430 billion in new funding to the International Monetary Fund from the Group of 20 that will allow the IMF to help bail out European countries from the Euro debt crisis, lifted…
Allied Nevada hot on Hycroft-Hasbrouck plan
It’s looking like a big year for Reno-based Allied Nevada Gold (AVN-T, AVN-X), with a US$1.2-billion expansion plan underway at its wholly owned Hycroft gold-silver mine in Humboldt County and a proposed US$78-million, heap-leach…
Augusta moves Rosemont forward
Augusta Resource (AZC-T, AZC-X) is slowly but surely pushing its Rosemont project in Arizona towards production by securing the sixth major permit needed to start building the primarily copper project located in Pima County, 50 km southeast of…
Friedland resigns from Ivanhoe Mines
Just a few months after Rio Tinto (RIO-N) took a controlling 51% stake in Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), billionaire founder and chief executive Robert Friedland has resigned from the company, along with five other members of the senior…
Alderon signs JV, offtake agreements
Alderon Iron Ore (ADV-T, AXX-X) took a big step towards developing its Kamistiatusset (Kami) iron-ore project on the Labrador-Quebec border by entering a US$195-million partnership with China’s leading steel producer, Hebei Iron &…