Serengeti surges on more wide Kwanika intercepts
Vancouver – Another batch of wide mineralized intercepts from its Kwanika property in north-central B.C. launched S…
Gold
Southern Arc’s IR slip-up
A typo delayed an enthusiastic reaction to big news from Southern Arc Minerals (SA-V) West Lombok copper-gold prop…
Kazakhmys set to take out Eurasia Gold
In a transaction worth about $288 million, London-listed Kazakhmys (KAZ-L) has offered to take over Eurasia Gold (E…
High River Building More Than Just a Mine in Burkina Faso
SITE VISIT Ouagadougou, Burkina Faso — There’s little to obstruct the view of the towering yellow crane that swings over the construction site of High River Gold’s (HRG-T, HRIVF-O) Taparko…
Eldorado Sees Strong Q1
Vancouver — Strong bullion sales made for a successful first quarter for Eldorado Gold (ELD-T, EGO-X), lifting earnings to a record US$12.6 million (US4 per share) versus a loss of US$7.5 million (U…
That’s It for Teddy Bear
The board of one of Canada’s older mining companies, Teddy Bear Valley Mines, is recommending the company be wound up and dissolved.
Amerix Cuts Brazilian High Grade
Vancouver — Drilling by Amerix Precious Metals (APM-V, APMFF-O) on its Ouro Roxo project in the Tapajos gold district of Para state, Brazil, appears to be demonstrating continuity between the North a…
Coeur to Acquire Palmarejo and Bolnisi in Us$1.1B Merger
Vancouver — Aiming to become the world’s top primary silver producer, Coeur d’Alene Mines (CDM-T, CDE-N) has entered a deal to acquire Australian-based Bolnisi Gold (BXLGF-O, BSG-A) and its 73.6%-own…
Editor’s Picks: End of an era with elimination of Barrick hedge
The old saw “better late than never” came to mind during the week ended May 5, the 18th trading week of 2007.
Barrick Clears Hedge, Takes US$159M Loss
Vancouver — Swallowing some bitter medicine, Barrick Gold (ABX-T, ABX-N) reported a US$159-million (US18 per share) first-quarter loss resulting from the elimination of its gold sale contracts.
Intrepid to Refocus on Growth After Difficult Merger
SPECIAL TO THE NORTHERN MINER
Rainy River Heats Up Northwest Ontario Gold District
The Rainy River gold district in northwestern Ontario is heating up as companies stake ground and begin drilling around the flagship property held by Vancouver-based Rainy River Resources (RR-V, RRFFF…