Victory pushes Minago closer to development
After spending four years proving up one of Canada’s largest undeveloped sulphide nickel deposits, Victory Nickel (NI-T) has received a licence to start building a mine at its Minago project in Manitoba.
Articles by Northern Miner Staff
Silver Standard working to develop multiple projects
Vancouver – With one of the largest silver resources around Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.
Potash One dealmaker Matysek turns his hand to B.C. gold
Fresh from the $434-million sale of his Saskatchewan potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is now turning his attention to a small gold explorer named Ocean Park Ventures (OCP-V),…
Initial resource for Probe Mines’ Borden Lake
Probe Mines (PRB-V) jumped 26¢ or 17.3% to $1.76 per share on news its Borden Lake gold project near Chapleau, Ontario contains about four million ounces of gold and nearly six million ounces of silver.
Prophecy Platinum gains on drill results
Shares of Prophecy Platinum (NKL-V, PNIKF-O) shot up 10.24% or 43¢ to $4.63 on drill results from its flagship Wellgreen deposit in the Yukon Territory, about 317 km northwest of Whitehorse.
Venture stumbles in August 15-19 period
Vancouver – Uncertainty and caution continued to disrupt markets in the August 15-19 trading period as the S&P/TSX Venture Composite Index dropped 52.52 points to close at 1,764.84 points. While up from the low of 1,682 points hit in early…
TSX continues its slide despite gold’s shine
The August 15-19 period brought more hard times for Canadian investors as the TSX Composite Index resumed its downward plunge, falling 619 points to finish just a shade above the 12,000 mark at 12,007.47 points. The lone feel-good story was…
U.S. Markets tumble as investor fears persist, Aug. 15-19
Anxiety overtook investors on Wall Street as the Dow Jones Industrial Average posted its fourth week of losses during the Aug. 15-19 trading period.
Richmont’s lacklustre Q2 results
Richmont Mines (RIC-T, RIC-X) had a difficult second quarter, posting a net loss of $30.9 million, or 92¢ per share, which included the previously released $28-million after-tax writedown on its Francoeur mine in Quebec.“The…
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.
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.