Romarco delays Haile mine opening by a year
Romarco Minerals (R-T) pushes the reopening of its past-producing Haile gold mine in South Carolina back by a year to complete an environmental impact statement (EIS).
Articles by Northern Miner Staff
Champion Minerals shares jump after shareholder rights plan
As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for Arcelor Mittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20% or 30¢ apiece on July 4 to close at $1.80.
Mawson West releases Kapulo feasibility study
Vancouver – Despite only listing on the TSX in March, Mawson West (MWE-T) has already released a feasibility study on the Kapulo target at its Dikulushi concessions thanks to previous work as an Australian-listed and unlisted company.
Venture ends almost even in June 27-30 period
Vancouver – A shortened June 27 to 30 trading period had the S&P TSX Venture Exchange Index swinging down almost 40 points in the first half before rebounding almost as much in the latter half and ending almost even, down just over a point…
TSX continues to climb
The TSX Composite Index continued to climb during the abbreviated June 27-30 trading week, posting four straight days of gains. The index moved up 391.98 points to 13,300.87, as commodity prices rose and the Greek parliament approved a second…
U.S. stocks rally, June 27-July 1
U.S. equities posted five straight days of gains during the June 27-July 1 trading week (the best weekly performance in two years) with the Dow Jones Industrial Average climbing 5.4% or 648.19 points to close at 12,582.77. The S&P 500 index…
Spot prices
Tuesday, June 27, 2011
Premier Gold takes out Hardrock JV partner
Ewan Downie’s Premier Gold Mines (PG-T) is taking full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it owns a 70% interest. The company will acquire the remaining 30% by taking over joint-venture-partner…
Trevali on the path to production
In the last few months Trevali Mining (TV-T) has expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
Avion continues success in Mali
Drilling to test northwest- and northeast-trending structures at Avion Gold’s (AVR-T, AVGCF-O) Tabakoto deposit in Mali has returned significant intercepts, including 20.88 grams gold over 5.7 metres, 36.04 grams gold over 3 metres and 29.04…
Commentary: Navigating the new UK Bribery Act
The UK Bribery Act 2010 has received significant press coverage in the United Kingdom and abroad. It will be important for Canadian mining companies with a U.K. nexus to understand its implications, in particular given that Canadian junior…
Mining Association of BC donates $125,000 for First Nations language renewal
The First Peoples’ Cultural Foundation (FPCF) will receive $125,000 over three years from the Mining Association of B.C. (MABC) to assist with the documentation and renewal of endangered First Nations languages in the province.