VANCOUVER — Shares of developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) saw heavy losses after the company suspended underground development at its Phoenix gold deposit in Ontario’s prolific Red Lake district. The move…
VANCOUVER — The dust is settling for Fission Uranium (TSX: FCU; US-OTC: FCUUF) after a failed merger with Lukas Lundin’s Denison Mines (TSX: DML; NYSE-MKT: DNN), but the company can’t move on just yet, due to an activist…
VANCOUVER — Despite posting a US$192 million net loss during the third quarter, Goldcorp’s (TSX: G; NYSE: GG) management team is telling investors to focus on what it labels “strong fundamentals.”
Since it raised $946 million last July to build its Renard diamond mine in Quebec, Stornoway Diamond (TSX: SWY) has kept construction and engineering at the project on time and…
WELLS, B.C. — Emerging in July 2013 from an 11-month cease-trade order issued by the B.C. Securities Commission stemming from a questionable resource estimate, Barkerville Gold Mines (TSXV: BGM) was left facing a severe cash…
Star Mountain Resources (US-OTC: SMRS) is acquiring a past-producing zinc mine and concentrator in New York state, which the company says will catapult it from explorer to producer in less than a year.
In less than a month, South African miner Sibanye Gold (NYSE: SBGL) has announced two acquisitions that will make it a big player in the platinum market, and the fifth-largest PGM producer in the world.
The S&P/TSX Composite Index fell 1% during the Thanksgiving holiday-shortened period to finish Oct. 15 at 13,828.97. The S&P/TSX Capped Metals & Mining Index tumbled 3.7% to 469.58, while the S&P/TSX Global Gold Index jumped…
Industry leaders weighed in on alternative financing at The Northern Miner’s roundtable discussion titled “New Frontiers in Mining Finance,” held in the offices of Newport Private Wealth in Toronto in early October. The…
VANCOUVER — Low crude oil prices have driven market valuations in the energy industry to historic lows, and Suncor Energy (TSX: SU; NYSE: SU) is hoping to take advantage of the downcycle with a hostile bid for Canadian Oil Sands…
In early October, The Northern Miner was privileged to play host to a roundtable discussion bringing together some of the heaviest hitters and nimblest minds on Bay and Howe streets to hash out the state of alternate finance methods in the…
Back in May 2013, as we editorialized about the still-fresh merger of trading house Glencore and mining major Xstrata — a deal creating a US$70-billion company that still ranks as the largest M&A move in mining history — we…
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