Alio Gold halts work on Ana Paula, misses guidance
Raymond James has cut its target price on Alio Gold (TSX: ALO; NYSE-AM: ALO) from $4.50 to $1 per share, and downgraded the company from “market perform” to “underperform” due…
Articles by Northern Miner Staff
Avalon simplifies PEA for Separation Rapids
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) has tabled an updated preliminary economic assessment (PEA) for its Separation Rapids lithium project near Kenora, Ont., that it says “reflects a simplified…
Canamex repurchases royalty with gold-backed crypto token
In an early test of its new gold-backed crypto token, GOLDUSA, Canamex Gold (CSE: CSQ; US-OTC: CNMXF) has used the digital currency to buy back a 1.5% net smelter royalty…
Raymond James: Uranium supply uncertain in coming years
Despite meaningful global inventories of uranium, supply uncertainty in the coming years may lead to price increases, Raymond James states in a newly updated review of the sector. The brokerage…
Bayhorse Silver backtracks on disclosure
Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has reported high-grade silver samples taken from the newly accessible Big Dog mineralized zone at the past producing Bayhorse silver mine in east-central Oregon….
Lydian struggles with debt repayment and blockade
Senior lenders have agreed to extend Lydian International‘s (TSX: LYD) initial debt repayment by two weeks to August 31. The extension follows an earlier two-week extension from July 31 to…
Orsu Metals encounters gold in Siberia
Orsu Metals (TSXV: OSU) has identified a 200 metre-wide, steeply-dipping gold stockwork in the Klyuchi West zone at its Sergeevskoe gold project in Russia. Drill results from that zone are…
American Pacific Mining drills gold in Elko
Vancouver-based American Pacific Mining (CSE: USGD; US-OTC: USGDF) has reported encouraging results from its first phase drilling program at the Turscarora gold project in Elko, Nevada. The results are highlighted…
Malian gov’t to double stake in B2Gold’s Fekola mine
B2Gold (TSX: BTO; NYSE-AM: BTG) is reporting the Malian government intends to buy an additional 10% stake in B2Gold’s Fekola gold mine in western Mali. Pursuant to Malian mining law,…
Barrick and NovaGold’s Donlin project receives federal permits
The Donlin gold project — one of the largest and highest grade undeveloped open-pit gold endowments in the world — has received a record of decision and federal permits, its…
AngloGold terminates JV with Equinox
AngloGold Ashanti (NYSE: AU) has terminated the earn-in joint venture at Equinox Gold’s (TSXV: EQX; US-OTC: EQXGF) Aurizona gold mine project in northeastern Brazil. Equinox now has a 100% interest…
First Majestic reports Q2 loss
Shares of First Majestic Silver (TSX: FR; NYSE: AG) were down 15% to $7.21 on the Toronto Stock Exchange at midday, after the company released second-quarter results showing an adjusted…