Trelawney hits more gold in step-out program (May 10, 2010)
VANCOUVER — The latest drill results from Trelawney Mining and Exploration’s (TRR-V) Chester project in northern Ontario hit more long gold intercepts at its new Cote Lake target.
Articles by Northern Miner Staff
Perseus on brink of developing Ghanaian gold mine
VANCOUVER — The last year has been a busy one for Perseus Mining (PRU-T, PRU-A) — in those 12 months, the Australian-based explorer has raised more than $125 million in three financings, completed a…
Yukon gold explorers strut their stuff
Investors looking for the next great mining destination often look to far-off and exotic lands that they hope will hold the promise of untold riches.But the Yukon Gold Mining Alliance — a consortium of seven mining companies active in the…
PGM outlook good for Canadian companies (May 10, 2010)
Platinum and palladium have made quite the comeback recently and analysts are forecasting that prices will remain strong going forward.This is good news for a few Canadian companies like North American Palladium (PDL-T, PAL-X), with its…
Canadians chip away at China’s rare earth monopoly
China may have cornered 97% of the global rare earth market over the last two decades, with its low-cost structure putting many non-Chinese suppliers out of business, but a handful of Canadian juniors hope to challenge that monopoly and develop…
Teck shows more signs of renewal (May 10, 2010)
VANCOUVER — In the latest sign of a strong recovery, Teck Resources (TCK. B-T, TCK-N) has reinstated an annual dividend after paying a significant portion of its debt ahead of schedule.”There’s a lot of good news to comment on today,” said…
Sandspring up and running in Guyana
VANCOUVER — Between completing a public listing, hitting a number of long gold intercepts in Guyana, and finalizing $14.5 million in financings, Sandspring Resources (SSP-V) has had a busy few months…
US Gold sees 6-year mine life at Gold Bar
US Gold (UXG-T, UXG-X) has completed a preliminary economic assessment on its Gold Bar project in Eureka County, Nev., that looks at producing 57,000 oz. gold per year from an open-pit mine and heap-l…
Fire River moves ahead on Nixon Fork tailings (May 10, 2010)
Now that Fire River Gold (FAU-V) has received promising results about leftover gold in the tailings at its fly-in Nixon Fork gold mine near McGrath, Alaska, the company is evaluating how much it will …
Largo secures US$150M for Maracas
VANCOUVER — Largo Resources (LGO-V) has conditionally secured more than half the needed funds to develop its 76%-owned Maracas vanadium-platinum-group-metals project in Brazil’s Bahia state.
Cline Mining raises cash for New Elk coal mine in Colorado
VANCOUVER — Cline Mining (CMK-T) has completed a $45- million financing on the heels of a preliminary assessment for its wholly-owned New Elk coal mine project in southern Colorado.
Gold Fields not as lucky as Centerra in Kyrgyzstan (May 10, 2010)
Investors hoping for a smooth transition of governments in Kyrgyzstan were disappointed that Gold Fields (GFI-N, GOF-L)had run into trouble in the Central Asian country.