Alderon releases initial Kami resource
Vancouver – A first resource for Alderon Resource’s (ADV-V) Kamistiatusset (Kami) iron ore project in western Labrador has established a global resource of 608 million indicated and inferred tonnes.
Articles by Northern Miner Staff
Murenbeeld debunks gold myths (April 06, 2011)
One of the gold community’s most trusted economist, Martin Murenbeeld, made a stop in Toronto on April 4th to dispel what he says, are some of the looming myths around gold prices. Murenbeeld, who is chief economist for DundeeWealth, has over…
Lago likes Juruena enough to add more drills
Lago Dourado Minerals (LDM-V) is showing its confidence in Brazil’s gold mining potential by expanding its drill program before initial results have even been released. The company says its phase one drill campaign will be boosted to 18,000…
Premier Gold updates Hardrock resource
After two years of aggressive exploration, measured and indicated resources have jumped by 269% to 2.5 million ounces at Premier Gold Mines’ (PG-T) 70%-owned Hardrock project near Geraldton in northwestern Ontario. Inferred resources have grown…
Australia clears Minmetals Resources proposed bid for Equinox
The Australian government has no objection to Minmetals Resources’ proposed acquisition of Equinox Minerals (EQN-T, EQN-A), the Hong Kong-listed company says.
Nevada Copper making progress at Pumpkin
Vancouver – Nevada Copper (NCU-T) continues to steadily advance its sizable Pumpkin Hollow copper project with an updated resource and more permits secured.
Short Position Report (April 05, 2011)
TSX Short Positions Short positions outstanding at Mar. 31/11 (with changes from Mar….
Corsa advances Pennsylvania coal operations despite weather delays
Vancouver – Despite being nearly two months behind schedule, shareholders of Corsa Capital (cso-v) reacted positively to news that the company’s Wilson Creek metallurgical coal processing plant in Pennsylvania will be commissioned and fully…
New Gold to take Richfield in all-share deal worth $550 million
Vancouver – Richfield Ventures (RVC-V) has capped an impressive rise by being snapped up by New Gold (NGD-T, NGD-X) in an all-share deal that values the junior at $550 million.
Venture dips slightly in March 28 – April 1 period
Vancouver – The relatively subdued March 28 to April 1 period had the S&P TSX Venture drop 15.63 points after two days of losses outweighed three days of gains to have the board end at 2,298.40 points. Volume averaged out to a recent low of…
TSX rises as global tensions settle
With no escalation of violence in the Middle East, nor any natural disasters in Japan, a more settled March 28 to April 1 period saw the TSX Composite Index climb 138 points to reach 14,130.15 points. The latest economic data on the Canadian…
Minmetals Resources to bid for Equinox Minerals
Shares of Equinox Minerals (EQN-T, EQN-A) surged 31.5% or $1.80 per share to $7.51 today on news that Minmetals Resources wants to buy the company for $6.3 billion — the largest proposed minerals takeover bid in China’s history.