Mexican investor to take 39% stake in Animas
Vancouver – Mexican investor Ernesto Echavarria has given Animas Resources (ANI-V) a $3.4-million cash injection as it works to advance the Santa Gertrudis gold project in northern Mexico.
Articles by Northern Miner Staff
Teck advances its oilsands projects
Teck Resources (tck.b-t, tck-n) is looking to produce more than 30,000 barrels per day by 2016 from its oilsands projects in Alberta.
Detour Gold taking the direct route towards production
The landscape around Cochrane Ontario is prototypical of the land in northeastern Ontario: a flat horizon dense with coniferous trees, broken only intermittently by a still black lake.
Cadillac boosts Thierry resource
Cadillac Ventures (CDC-V) has increased the measured and indicated resources by 33% and inferred resources by 75% at its100%-owned Thierry mine project in northwestern Ontario based on drilling completed in 2010 and 2011.
Nevsun hits more copper at Bisha
Vancouver – Nevsun Resources (NSU-T) has pulled numerous copper hits from an area just outside the established resource at its producing Bisha mine in Eritrea.
Canaccord forecasts more M&A on the way
Despite the strong fundamentals of gold producers and declining gold equity valuations, M&A in the gold sector has been fairly limited so far this year. But Canaccord Genuity argues that’s about to change.
Southern Pacific Resource revises McKay cost estimate
If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year with the first steam to follow and production targeted to get underway…
Agnico’s two pearls in Nunavut
Baker Lake, Nunavut – It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (aem-t, aem-n), to say the least, but one that holds much promise.
China Inc buys another slice of the oilsands
Vancouver – Another year, another purchase by a state-owned Chinese energy company in Alberta’s burgeoning oilsands industry.
Enbridge touts pipeline demand as review continues
Vancouver – Building a nearly 1,200-km-long pipeline is inevitably challenging, but putting one through two provinces, the territory of dozens of first nations and long tracks of wilderness, only to emerge in a highly contentious port location…
Norway’s Statoil defends its turf in Alberta’s oilsands
Norway’s Statoil ASA (STO-N, STL-O) has long been considered one of the world’s leading offshore operators but lately it has turned its attention to Canada’s oilsands. The Company landed in Alberta in a big way back in 2007 via its $2 billion…
Magino holds promise for Prodigy Gold
Results from infill and resource expansion drilling at Prodigy Gold’s (PDG-V) Magino gold project in Ontario sent the junior’s shares up 10.34% to close at 64¢ yesterday. At presstime in Toronto Prodigy was trading at 59¢ per share…