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Articles by Northern Miner Staff
Atac hits gold in first step-out drilling of 2011
Atac Resources (ATC-V) looks to have met high expectations with the first 2011 step-out drill results on its Carlin-style gold properties in the Yukon.
Peabody Energy among those picked to develop Tavan Tolgoi
Shares of Peabody Energy (BTU-N) jumped US$1.30, or 2.2%, to US$60.69 following reports on July 5 that Mongolia had chosen it as part of a global energy consortium including China Shenhua Energy and a Russian-Mongolian group to develop its…
Trelawney bids for Augen Gold
Trelawney Mining and Exploration (TRR-V) is looking to consolidate its position in the Swayze gold belt in northern Ontario, by acquiring one of its largest neighbours: Augen Gold (GLD-V).
Former Idaho governor encourages mining in the state
When Democrat Cecil Andrus, the only governor in Idaho’s history to have served four terms, retired from the board of Coeur d’Alene Mines (CDM-T, CDM-N) after more than ten years of service, the mining company gave him a Beretta shotgun instead…
Xstrata snaps up First Coal for $147 million
Vancouver – Global coal giant Xstrata (XTA-L) has offered $147 million in cash for privately-held First Coal and its northeastern British Columbia coking coal assets.
Barrick stung by higher costs
Higher costs are pushing capex estimates higher at Pueblo Viejo, Pascua-Lama and Cerro Casale, Barrick Gold’s (ABX-T, ABX-N) major growth projects, the company reports.
More cash for Iron Mountain lifts Palladon
More money has come in and Palladon Ventures’ (PLL-V) shares are rising as a result. The company’s partner at the Iron Mountain project near Cedar City, Utah has secured the second US$20 million tranche of a US$45 million loan which should…
Market shrugs for NovaGold’s Galore Creek PFS
Vancouver – NovaGold Resources (NG-T, NG-N) has released a new prefeasibility study for its 50%-owned Galore Creek copper-gold project in Northern British Columbia, nearly six years after completing it the first time round.
Golden Predator continues Brewery Creek expansion
Vancouver – Golden Predator (GPD-T) continues to increase the size potential at its flagship Brewery Creek project with encouraging gold hits on the new Sleeman discovery.
Gold Mountain rises on Elk, financing
A junior led by Copper Mountain Mining’s (CUM-T) CEO, Jim O’Rourke, saw its shares jump as high as 50%, two days after it completed a qualifying transaction and a concurrent financing.
Batero falls on the drill
Batero Gold’s (BAT-V) impressive market run over the last 12 months has hit a bit of a snag. The company’s shares have fallen 28% since releasing its latest drill results on July 27. In Toronto on July 28 its shares closed at $2.68 on 1.04…