De Beers sale to shake up industry
Anglo American’s (AAL-L) agreement to pay $5.1 billion in cash for the Oppenheimer family’s 40% stake in De Beers will have a profound impact on the diamond industry, executives and analysts say.
Articles by Northern Miner Staff
Western Potash passes another milestone
Western Potash (WPX-T) has put a spotlight on its Milestone potash project in Saskatchewan with a positive prefeasibility study (PFS) estimating annual production at 2.8 million tonnes for at least 40 years. This has some analysts speculating…
Fronteer spin-off Pilot Gold busy with the drill
Just six months into its new corporate life, Vancouver-based gold explorer Pilot Gold (PLG-T) has already drilled 60,000 metres at nine projects on two continents.
Ghana yields the gold for Abzu
Initial drill results from Abzu Gold’s (ABS-V, ABZUF-O) Nangodi Project in Ghana show that the Bole-Nangodi Gold belt in the north of the country still has plenty of gold to give.
PwC releases report on junior miners
Exploration spending in the twelve months ended June 30 increased 115% year-on-year while total production costs have more than quintupled since 2006, rising more than 23% between 2010 and 2011, PwC concludes in its annual study of the top 100…
Northern Iron makes a splash
If recent drill results and an historic resource estimate are any indication, Northern Iron Corp (NFE-V, N8I-F) could turn some heads when it releases an initial resource estimate on its Karas property in the Red Lake mining district before the…
Rainy River PEA outlines 329,000-oz.-per-year gold mine
Rainy River Resources (RR-T) has a positive preliminary economic assessment for its flagship Rainy River gold project (RRGP) in Northwestern Ontario. In a combined open-pit and underground operation, the Rainy River project could produce…
Bear Creek releases Corani feasibility study
Vancouver – A feasibility study on Bear Creek Mining’s (BCM-V) flagship Corani project in southern Peru has added slightly to silver reserves while capital costs have increased 70%.
Arianne’s Lac–Paul among the ‘next generation’ of phosphate rock mines
A prefeasibility study for Arianne Resources’ (DAN-V) Lac-à-Paul phosphate-titanium project in south-eastern Quebec has placed the project “among the most attractive of the next generation of phosphate rock mines,” according to Bernard…
Luna Gold thwarts thieves and reports drill results
The second time wasn’t so lucky for a band of robbers at Luna Gold’s (LGC-V) Aurizona mine in northeastern Brazil. The early hours of Nov. 9 brought a group of armed thieves to the mine but Luna’s beefed-up security stood up to the task, and no…
Silver Wheaton triples quarterly dividend
Silver Wheaton (SLW-T, SLW-N) has tripled its quarterly dividend after doubling revenue and operating cash flow for the third quarter.
Rodinia’s shares jump on PEA
Shares of Rodinia Lithium (RM-V, RDNAF-O) surged 41.86% to close at 30.5¢ yesterday after the junior exploration and development company released the results of a preliminary economic assessment of its lithium brine project in northern…