Kaminak to spend $15 million on exploration
With more than $21 million in cash, Kaminak Gold (KAM-V) has all the money it needs for an aggressive exploration program this year at its Coffee gold project in the White Gold district of the Yukon.
Articles by Northern Miner Staff
Editorial: Gov’t stepping slowly into Voisey’s strike
The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland & Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…
Paramount prepares to resume drilling on Don Ese discovery in February
The final assays results from the remaining 28 holes completed during the 2010 drilling program on Paramount Gold and Silver’s (PZG-T, PZG-X) San Miguel project continue to confirm the potential for near-surface, bulk-tonnage mineralization at…
Rainy River cashes in with $75 million financing
On the back of its flagship 5-million-oz. Rainy River project in northwestern Ontario, Rainy River Resources (RR-V) has closed a $75-million bought deal financing just as gold is starting to lose a little of its lustre. The private placement,…
Taseko shrugs (January 11, 2011)
Taseko Mines’ (TKO-T, TGB-X) may have been knocked down by the Federal government’s ruling against its Prosperity mine, but that doesn’t mean the company has been knocked-out.
Tarsis acquires new porphyry prospect in Yukon
If you ask Marc Blythe, president and chief executive of Tarsis Resources (TCC-V), there aren’t many companies like his that are looking for new projects in the Yukon.
Silver Quest picks up the Bouvette property in Yukon
Investors snapped to attention when drilling at the Tiger Zone in the middle of Atac Resources’ (ATC-V) Rau gold property in the Yukon started yielding intercepts of 38.8 metres of 17.1 grams gold per tonne from 33 metres depth,…
Venture dips in first week of 2011
Vancouver – The shortened first week of trading in the New Year saw the S&P TSX Venture Exchange experience a slight hangover after the holiday rally, down 62.46 points between January 4 and 7 to end the period at 2225.39 points.
TSX pulls back as gold falls over Jan. 4-7 trading period
The resource-heavy TSX closed out its first week of the New Year for a loss as commodity prices pulled back from record territory on generally positive U.S. economic news that sent gold into a tailspin. However, by the end of the week, stocks…
Coal stocks top performers in US equities, Jan. 3-7
The first trading week of the New Year saw the Dow Jones Industrial Average edge up 97.25 points or 0.8% to 11,674.76 while the S&P 500 index rose 13.86 points or 1.1% to 1,271.50. The Nasdaq Composite was up 50.3 points or 1.9% to…
Hana grows Banana resource ahead of PEA
An updated estimate has increased the copper-silver resource at the Ghanzi project in Botswana by more than 40% for Hana Mining (hmg-v), providing a solid foundation for a preliminary economic assessment (PEA) due out in February.The new…
Western Areas to mine underground at Spotted Quoll
After starting nickel production last April at the Tim King open-pit mine, part of Western Areas’ (wsa-t, wsa-a) Spotted Quoll deposit about 400 km east of Perth, the company has decided to mine underground, too. The nickel sulphide explorer…