Great Western to build REE plant with Chinese partner
Great Western Minerals (GWG-V) plans to set up a joint venture with a Chinese company to build a rare earth (RE) separation plant in South Africa.
Articles by Northern Miner Staff
Puget Ventures set to become Global Cobalt
Within weeks, Puget Ventures (PVS-V) expects to complete a fundamental transformation from a modest Ontario-focused cobalt explorer into a global player, with a new name, new financing and a new focus on the Altai Republic in southern Russia.
Positive economics for Brazilian Gold’s Sao Jorge
Brazilian Gold (BGC-V) has taken a step forward with the release of a positive preliminary economic assessment (PEA) for its Sao Jorge gold project in the Tapajos region of northern Brazil.
Lydian outlines potential Armenian mine
Armenia-focused Lydian International (LYD-T) has outlined the potential to produce 1.6 million oz. gold from its Amulsar project in a preliminary economic assessment.
Woulfe advances Sangdong
With tungsten prices on the rise, Vancouver-based Woulfe Mining (WOF-V) is scrambling to restart the past-producing Sangdong tungsten-molybdenum mine in South Korea by late 2012.
What next for Lundin?
Rumours have been circulating for weeks that cash-rich BHP Billiton (BHP-N, BTL-L) might be interested in making a bid for Lundin Mining (LUN-T), but a late-night post on the Telegraph’s website on Aug. 8 added more fuel to the fire.
Xstrata snaps up First Coal
Global coal giant Xstrata (XTA-L) has recently sealed a $147-million cash offer for privately-held First Coal and its northeastern B.C. coking coal assets.
Standard Chartered says gold could hit US$5,000 per oz.
After a decade-long bull market “the gold mining industry has done little to bring on new supply,” Standard Chartered concludes in a new report, arguing that the gold market will be in deficit until at least 2015.
Soaring Q2 profits for Uranium One
Uranium One’s (UUU-T) second-quarter profits surged 450% to US$29.7 million compared to the year-ago period, as revenue nearly doubled.
African Queen looks to repeat Pan African’s success
Irwin Olian is looking to strike it big in Africa yet again.
Editorial: Gold majors on uptick
As fresh sovereign debt crises unfold and fears mount over a possible second recession, investors continue to look to gold as a leading safe-haven investment.
New horizons: Canada’s untapped geothermal energy potential
The following is an edited excerpt from the Geological Survey of Canada’s report Geological energy resource potential of Canada. To download the full report visit http://geopub.nrcan.gc.ca.