OceanaGold tables strong financials despite production dip
Melbourne-based gold miner OceanaGold (TSX: OGC; ASX: OGC) has recorded a particularly robust first half of the year, with profits rising up 45%, revenue up 21%, and debt cut in…
Articles by Northern Miner Staff
Cameco suspends production at McArthur River and Key Lake
Cameco (TSX: CCO; NYSE: CCJ) will indefinitely suspend production at its McArthur River and Key Lake uranium mines in Saskatchewan, and, as a result, permanently lay off 550 site employees….
Newmont buys 50% stake in Galore Creek from NovaGold
Newmont Mining (NYSE: NEM) has acquired NovaGold Resources’ (TSX: NG; NYSE-AM: NG) 50% stake in the Galore Creek copper-gold project in B.C. for staged payments of up to US$275 million….
Klondex spinoff Havilah Mining begins trading
With Hecla Mining‘s (NYSE: HL) takeover of Klondex Mines now completed, the resulting Klondex spinoff company Havilah Mining (TSXV: HMC) has started trading as of July 25, with its primary listing…
Fraser Institute says Canada ‘taking longer’ to give exploration permits
A new study on mining and investment by the Fraser Institute claims investors are losing confidence in the permitting process for mineral exploration in many Canadian provinces. The Canadian think…
Ecuador eases rules on early-stage exploration drilling
Ecuador’s Minister of Energy and Non-Renewable Natural Resources says holders of mining concessions can now drill on early-phase exploration projects in the country. Previously, drilling was only permitted during the…
Nutrien sells Arab Potash stake
Nutrien (TSX: NTR, NYSE: NTR) is selling its 28% stake in Arab Potash to China’s State Development and Investment Corp. for $502 million. The sale of Arab Potash was required…
Harte Gold reports new mineralization at Sugar
Harte Gold (TSX: HRT; US-OTC: HRTFF) says it has found a new mineralized zone at its Sugar project, 80 km east of the Hemlo gold camp. Drilling in the new…
Nemaska Lithium near offtake deal with Northvolt
Nemaska Lithium (TSX: NMX; US-OTC: NMKEF) is in the final stages of completing an offtake deal for battery grade lithium hydroxide with Northvolt, a company set up by two former…
Financing uptrend continues, PDAC report says
The following is an edited summary from the Prospectors & Developers Association of Canada report, State of Mineral Finance 2018: Gaining Momentum. For more information and to read the full…
Canada’s top-10 precious metal juniors
The Northern Miner has pulled together the top-10 precious metal juniors (with no production and excluding royalty companies) that are headquartered in Canada, arranged by market capitalization as of the…
Tango Mining recovers 42.25 carat diamond from Oena
Vancouver-based Tango Mining (TSXV: TGV) has recovered a 42.25 carat diamond from run of mine gravel at the Oena diamond mine in westernmost South Africa. Tango plans to sell the…