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GE pursues two underground equipment makers
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Abzu Gold — Allan Serwa resigned as CEO; Tim McCutcheon appointed CEO and a director.Alcoa — Max Laun appointed VP and general counsel; Donna Dabney top retire Aug. 1 as VP and corporate secretary; Audrey Strauss appointed chief…
Is more uranium consolidation on the way?
The Fukushima nuclear disaster may have winded the nuclear power and uranium markets, but the furious pace of consolidation in the uranium mining sector is leaving investors betting on the next takeover target.So far this year, no less than…
Changes for Ivanhoe as Rio Tinto takes driver’s seat
Ivanhoe Mines (IVN-T, IVN-N) is shifting gears as it adjusts to Rio Tinto (RIO-N) having acquired a majority ownership stake in the company, and first production approaches at its Oyu Tolgoi copper-gold-silver mine in Mongolia.Ivanhoe released…
Hana plunges on Ghanzi PEA disappointment
Hana Mining’s (HMG-V) share price dropped 68% after the company released a long-awaited preliminary economoc assessment (PEA) on the Banana zone and zone 5 at its 70%-owned Ghanzi copper-silver project in northeastern Botswana.The news…
Bolero jumps on graphite trend
Proving there is healthy demand for new graphite plays, new entrant Bolero Resources’ (BRU-V) share price nearly doubled after announcing it had secured prospective graphite claims in northern Ontario.The claims are contiguous to Northern…
Mineral Mountain enters deal with Holy Terror in Homestake belt
VANCOUVER — Mineral Mountain Resources (MMV-V) is betting that the legendary Homestake gold belt still has some life left in it.
Copper Fox adds tonnes to Schaft Creek while waiting for economics
VANCOUVER — Copper Fox Metals’ (CUU-V) 70%-owned Schaft Creek deposit is even bigger now thanks to a resource update, but it will still be months before its known how feasible the project actually is.
Letter to the editor: Bismuth’s not bad at all
An article in the April 30-May 6, 2012, issue of The Northern Miner discussed the European Union’s ban on the use of lead in products sold in Europe and the resulting use of tin, silver and bismuth in solder for electronics to reduce…
Mawson Resources hits 6 metres grading 617 grams gold in Finland
VANCOUVER — Mawson Resources’ (MAW-T) share price has spiked after releasing a bonanza-grade hit from its Rompas property in northern Finland.
Edgewater outlines Ghana resource as it focuses on Spain
VANCOUVER — Edgewater Exploration (EDW-V) has released a maiden resource on its Enchi gold project in Ghana as it continues to push forward with its flagship Corcoesto gold project in Spain.
Thompson Creek provides the lowdown on Mt. Milligan
VANCOUVER — As the old adage goes, it tends to always be darkest before the dawn, and that seems an apt description for Colorado-based molybdenum (moly) player Thompson Creek Metals (TCM-T, TC-N). The company is bulling through a stage of…