Brigus ramps up Black Fox
Brigus Gold (BRD-T) says gold production will increase, as it ramps up the Black Fox mine and its exploration efforts in Timmins, Ont.
Articles by Northern Miner Staff
South African dealmaker Roach finds US$100M for struggling Axmin
Turning around a penniless junior mineral explorer looking to develop a gold project in the Central African Republic is not a job most people would relish. Taking the job without a salary to save the company money – well, that seems less…
Editorial: US debt swells, gold soars
A pillar of the gold bug’s argument for continued strength in the decade-long bull run for gold is the world-weary prediction that most of the U.S. political class will keep showing abject cowardice or wilful ignorance in dealing with the…
Commentary: Repeal of Nevada claim fee is good news for explorers
Nevada mining claim owners are celebrating the recent repeal of the onerous mining claims fee that Nevada legislators enacted in February 2010 to help balance the state’s budget. In response to a Nevada district court’s ruling in late May that…
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug 1, 2011 (change from July 25 in brackets):
Producer and dealer prices
Antimony: Mid-mkt US$13,700.00/t
Dacha offers REE investors a second home
With a near-threefold rise in its share price over the past three months, Dacha Strategic Metals (DSM-V) appears to have finally caught the attention of investors looking for a new way to enter the red-hot market for rare earths.
Glencore ups ante on PolyMet
Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet polymetallic project in Minnesota has the stuff that profitable mines are made of.
China’s Hanlong looking at Bannerman
Chinese conglomerate Sichuan Hanlong Group is interested in Bannerman Resources’ (BAN-T, BMN-Z) Etango uranium project in Namibia, one of the largest undeveloped uranium resources in the world.
Mindoro working to expand Agata nickel project
Philippines-focused junior Mindoro Resources (MIO-V) continues to advance its Agata nickel project in the country, with an updated resource and prefeasibility study in the works.
Gran Colombia to raise US$75M through silver-linked notes
Gran Colombia Gold (GCM-T) is looking to issue US$75 million of what executive co-chairman Serafino Iacono calls “a creative and innovative financial instrument.”
Barclays Capital weighs in on base metals
Commodities research analysts at Barclays Capital believe lead prices will rise in the final months of the year, are most bullish on copper and tin for next year, and have revised their 2012 price forecasts for nickel and zinc.