Chalice Gold looks to sell its main asset
Chalice Gold Mines (cxn-t, chn-a) could potentially sell its 60% stake in the Zara gold project in northern Eritrea.
Articles by Northern Miner Staff
Rio wins filing, Ivanhoe stock falls
While being on the hook for half of a roughly US$6 billion mine construction is hardly small potatoes it is a bargain compared to shouldering the entire cost load alone.
Matamec signs MOU with Toyota Tsusho
Shares of Matamec Explorations (MAT-V) have taken off after the junior announced that it has signed a memorandum of understanding with the trading arm of Toyota Motor Group to fast-track the development of its Kipawa rare earths deposit in…
Cardero’s share of Carbon Creek at $752M NPV
Vancouver – Cardero Resource (CDU-T) has released a preliminary economic assessment on its 75%-owned Carbon Creek metallurgical coal project in Northeast British Columbia only months after securing majority ownership of the project.
Venture ends down slightly in Dec 5-9 period
Vancouver – The S&P TSX Venture Composite Index finished off the December 5 to 9 period at 1,547.31 points, down 9.57 points after dropping on four days and rallying on the fifth. Volume was up slightly at an average of 93.7 million shares…
U.S. markets eke out small gains, Dec. 5-9
U.S. equities ended the week marginally higher as leaders in the European Union-with the exception of Great Britain-agreed in principal to draft a new treaty to form a closer fiscal union in the Euro zone. But skepticism about whether Europe…
U.K. fraud office looks into Eurasian Natural Resources
London, U.K. – The Serious Fraud Office (SFO), an independent department of the British government that investigates and prosecutes serious or complex financial fraud and corruption, is looking into allegations of unlawful activity at Eurasian…
First Mexican has big plans for Guadalupe
Hermosillo, Mexico – Ongoing exploration for a cash-strapped junior is hard to do in a turbulent market, but one that could reap handsome rewards. The possibility of a huge pay off is keeping First Mexican Gold’s (FMG-V) president and…
K+S to make history with Legacy potash
K+S plans to go ahead with building its Legacy potash project in Saskatchewan’s highly prospective potash basin, with initial production expected in 2015.
Editorial: Quebec’s growing mining ambivalence
If you’re wondering how the Quebec mining industry’s lobbying efforts are coming along to amend the provincial government’s mining-restrictive Bill 14, tabled in May to update the Mining Act, look no further than the increasingly frustrated and…
Facts ‘N’ Figures: Gold buying responsible for India’s yawning account deficit
A massive appetite for gold across India is causing the country’s account deficit to widen, with most of the South Asian nation’s gold demand met through imports, a new study by Macquarie Economics Research says.
Spot prices
Tuesday, Dec 6, 2011