Eldorado sees promising exploration results
Eldorado Gold (TSX: ELD; NYSE: EGO) has been keeping busy, with 106,500 metres drilled so far this year at its mine sites and exploration targets in China, Turkey, Brazil, Romania and Greece.
Iron Ore
Base metal equities to shine in November, Salman Partners says
Stock markets are starting to recognize that they have been under-pricing base metal equities, Salman Partners senior mining analyst Raymond Goldie reasons and investors should “wait two months, then start taking advantage of this trend.”
New Millennium Iron shares rally
Shares of New Millennium Iron (TSX: NML) jumped 6.17%, 14.08% and 12.70% in the three days following the Aug. 14 announcement that the junior’s joint-venture company with Tata Steel known as Tata Steel Minerals Canada, had…
Chinese investment comes at a price for Champion Iron
A Hong Kong investment company has invested $3 million for an 11% stake in Champion Iron Mines (TSX: CHM) and its portfolio of iron ore properties in the Labrador Trough.
Quebec gives Oceanic a vote of confidence
Quebec’s Ministry of Finance and Economy is interested in taking a minority stake in Oceanic Iron Ore’s (TSXV: FEO; US-OTC: FEOVF) Hopes Advance iron ore project in the Ungava Bay region.
Obituary: WGM’s Jack McOuat
John (Jack) McOuat, an icon of the Toronto mining scene and the last surviving co-founder of the independent geological and mining consulting firm Watts, Griffis and McOuat (WGM), died on July 30 at age 80 at the Sunnybrook Hospital in Toronto.
Rio repairs Bingham Canyon, ships first Oyu Tolgoi copper, expands Pilbara
VANCOUVER — When a wall failure sent 150 million tonnes of rock and earth pouring into the massive pit at the Bingham Canyon mine in Utah in April, owner Rio Tinto (NYSE: RIO; LSE: RIO) said the event would reduce its copper output for…
For Oceanic, it’s steady as she goes
Oceanic Iron Ore (TSXV: FEO; US-OTC: FEOVF) may be a junior trying to develop a costly iron ore project in remote northern Quebec during hard financial times, but over the last year management has come closer to tying up a deal with a potential…
Greenland’s timeless allure
Avannaa Resources is a privately held exploration company founded by three geologists from Britain and Denmark who pooled their interest and experience in Greenland. It may be an unfamiliar name to many, but over the last nine months, the…
Royal Nickel’s Dumont reaches feasibility
Royal Nickel (RNX-T) has something to cheer about with a positive feasibility study tabled on its large-scale Dumont nickel-sulphide project in Quebec’s Abitibi region, 25 km west of the city of Amos and 60 km northeast from the…
Northern Miner editor-in-chief talks Ring of Fire on CBC Radio
Northern Miner editor-in-chief John Cumming was a guest of Lisa Laco this week on CBC Radio Thunder Bay’s morning program Superior Morning to discuss Cliffs Natural Resources’ decision to put the brakes on work at its Black Thor…
Editorial: Dousing the Ring of Fire
One of the surprises of the year that in some ways isn’t such a big shocker is Cliffs Natural Resources’ announcement this past week that it is suspending work at its $3.3-billion Black Thor chromite project in northern…