Foraco sees revenue rise 25% in Q2
Drilling company Foraco International (TSX: FAR) has just had its strongest quarter since the third quarter of 2014, and says it confirms a positive trend it has observed throughout 2017…
Articles by Northern Miner Staff
Aquila tables feasibility study for Back Forty in Michigan
Nearly two months after receiving its final environmental permit, Aquila Resources (TSX: AQA; US-OTC: AQARF) has tabled a positive feasibility study for its Back Forty polymetallic project, located 19 km…
Chris Stewart leaving Treasury to join McEwen Mining
Intermediate gold and silver miner McEwen Mining (TSX: MUX; NYSE: MUX) is picking up a new president and chief operating officer in the form of mining engineer Chris Stewart, who…
Austral Gold sees mixed quarter in South America
Sydney, Australia-based Austral Gold (TSXV: AGLD; ASX: AGD) is reporting mixed results in quarterly production from its two precious metals mining complexes: the small Casposo gold-silver mine in Argentina; and…
McEwen increases gold production in Q2
McEwen Mining (TSX: MUX; NYSE: MUX) has reported strong second quarter financial and production results, largely building on last year’s results. The company produced 36,959 oz. gold in the second…
Orford buys Condor Precious Metals, bags $1.3 million
Toronto-based gold junior Orford Mining (TSX-V: ORM) has completed its acquisition of privately held Condor Precious Metals Inc., which holds $1.25 million in cash and marketable securities plus two royalties…
BHP exits US shale business with US$10.5B sale to BP
In a deal with deep implications for both seller and buyer, the world’s largest mining company BHP Billiton (NYSE: BHP) has sold the bulk of its onshore U.S. oil and gas…
Yamana set to exceed 2018 gold production guidance
Yamana Gold (TSX: YRI; NYSE: AUY) expects to exceed its previous 2018 production guidance of 900,000 oz. gold after achieving higher than expected production at its Chapada, Canadian Malartic, Jacobina…
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…
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…