Argex completes PEA on titanium dioxide project
The economic viability of Argex Mining’s (RGX-V) La Blache titanium dioxide project in Quebec received validation today with the results of a preliminary economic assessment, the company says.
News
The big boys pay more: Barrick and Newmont boost dividends.
Despite record high gold prices the companies’ that mine the metal have been slow to receive valuations that reflect the cashflows pouring on to their financial statements. The two biggest gold miners in the world, Barrick Gold (ABX-T, ABX-N)…
Bralorne hits high grade gold in BC
Vancouver – Bralorne Gold Mines (BPM-V) has hit very high grade gold at its eponymous mine near Gold Bridge, British Columbia.
Claude spices its offer for St. Eugene
Claude Resources (CRJ-T, CGR-X) has sweetened its all-share proposal for St. Eugene Mining (SEM-V).
Silvercorp rallies on audit findings
Vancouver – Silvercorp Metals (SVM-T, SVM-N) looks to have been vindicated of fraud allegations in a forensic audit, leading to a sharp recovery in its share price.
Karnalyte Resources receives positive feasibility
A feasibility study for the Wynyard Carnallite potash project in central Saskatchewan sent shares of Karnalyte Resources (KRN-T) up to a new fifty-two week high yesterday of $17.50 apiece before closing at $17.15, a gain of 71¢ or…
CB Gold hits it big in Colombia’s promising Vetas district
Vancouver – Ten kilometres south of the rich La Bodega and La Mascota gold deposits in Colombia acquired by Eike Batista’s EBX Group earlier this year in its $1.5-billion takeover of Ventana Gold, CB Gold (CBJ-V) has drilled into a new gold…
Bannerman provides update on Hanlong’s offer
While Bannerman Resources (ban-t, bmn-a) says it’s not going “tie its hands down” in a long-term arrangement with Sichuan Hanlong Group, it is still open to an acquisition by the Chinese conglomerate.
Who knew there was gold in Chapleau?
In the 11 years David Palmer has spent working in remote, infrastructure-challenged corners of northern Ontario and Quebec, the geologist has never had the luxury of stepping out of his hotel and being on-site within 15 minutes. Until Borden…
Canadian Mining Hall of Fame to honour five new inductees
The Canadian Mining Hall of Fame, of which The Northern Miner is a sponsor, will welcome five new inductees at its twenty-fourth annual induction dinner on Jan. 12, 2012, at the Fairmont Royal York Hotel in Toronto. The new inductees are Ned…
Orbite Aluminae hits another milestone
Montreal-based Orbite Aluminae (ORT-T) (previously named “Exploration Orbite”) has been given the go-ahead to extract a bulk sample of up to 3,000 tonnes of aluminous clay over the next year from its Grande-Vallée claystone deposit in…
Cte d’Ivoire troubles trip up Avion in Mali
Avion Gold (AVR-T) has fallen short of its third-quarter gold production target by 17%, owing to heavy rains and delays in receiving spare parts.