TSX rises 1.4%; mining index up 9.5% over July 19-23
The markets were positive around the globe over the July 19-23 trading period and Toronto was no exception. Th…
Articles by Northern Miner Staff
N. American Tungsten to reopen Cantung mine on rebounding metal price
Vancouver – With the price of tungsten recovering from a low of US$185 per metric tonne unit to the current pr…
Carpathian boosts resource at Riacho dos Machados
For the last year Carpathian Gold (CPN-T) has concentrated on converting inferred resources into the measured …
Venture sees slight gains over July 19-23 week
Vancouver – The S&P/TSX Venture composite index managed four days of straight gains following an early wee…
US equity markets stable in the July 19-23 trading week
U.S. equities were looking a little rosier during the July 19-23 trading week. The Dow Jones Industrial Averag…
Western Lithium’s rare jewel: Kings Valley
SITE VISIT RENO, NEV. — Jay Chmelauskas, president of Western Lithium (WLC-V), saw the potential of lithium over five years ago. Chmelauskas, then-chief executive of Jinshan Gold Mines (JIN-T), was…
Donner rises as Xstrata advances zinc mine
VANCOUVER — Donner Metals (DON-V) shares received a big boost after Xstrata (XTA-L, XSRAF-O) announced it would begin building the Bracemac-McLeod zinc mine at the joint-ventured Matagami project, ne…
Ivanhoe, Rio clash over Oyu Tolgoi
VANCOUVER — When the asset in question is home to 81 billion lbs. copper and 46.4 million oz. gold and is expected to cost US$4.6 billion to develop, a bit of tension between its owners over financin…
Thompson Creek to acquire Terrane
VANCOUVER– The Mt. Milligan gold-copper mine in British Columbia is a step closer to reality after Thompson Creek Metals (TCM-T, TC-N) struck a deal to acquire project owner Terrane Metals (TRX-V).
Anaconda Mining bids for New Island Resources
Anaconda Mining’s (ANX-T) all-share takeover bid for New Island Resources (NIS-V) “reflects full value” for New Island’s assets, the Toronto-based company says. The news sent New Island shares up 42.9…
No more toll milling for Alexis (July 26, 2010)
Alexis Minerals (AMC-T) will save $12-$15 per tonne by processing ore from the Lac Herbin gold mine near Val d’Or, Que., at its recently refurbished Aurbel mill.
Colossus finds new zones at Serra Pelada
Nearly 25 years after Serra Pelada hosted the largest precious metals rush in Latin American history, the high-grade gold-platinum-palladium project in Brazil’s Para state continues to impress, yieldi…