Balmoral stakes more ground near Detour Trend in the Abitibi
Balmoral Resources (TSX: BAR; US-OTC: BALMF) founder Darin Wagner has had his eye on the Hwy 810 property for years now as part of a corporate effort to plant the…
Hecla Mining Company
Hecla goes hostile on Dolly Varden in $12M bid
Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) shares have surged more than 45% since Hecla Mining (NYSE: HL) made a hostile takeover bid for all of the junior’s shares that it doesn’t currently…
US stocks surge, May 23–27
U.S. indexes gained ahead of the Memorial Day weekend, after U.S. Federal Reserve Chair Janet Yellen hinted at a possible interest rate hike in the coming months. The Dow Jones…
The Northern Miner podcast – episode 14: Lithium 101 and the effects of national wine day
We dig further into the lithium boom in our lead up to an in-paper special on the commodity that’s all abuzz thanks to Elon Musk and Tesla Motors‘ (NASDAQ: TSLA) gigafactory…
Hecla bids for Mines Management and its Montanore deposit
VANCOUVER — Hecla Mining (NYSE: HL) is hoping to fortify its silver development portfolio in the U.S. Northwest with a US$37-million, all-share acquisition of Mines Management (TSX: MGT; NYSE-MKT: MGN) and its large Montanore silver-copper…
Cementation sinks deepest shaft in the US
Mining contractor Cementation has sunk the deepest mine shaft in the United States. The record-setting #4 shaft at Hecla Mining’s (NYSE: HL) Lucky Friday silver-lead-zinc mine in northern Idaho and…
Probe’s CEO David Palmer eyes a new adventure
David Palmer and his team are embarking on an adventure. His company Probe Metals (TSXV: PRB) is proposing a $22.8-million, all-share combination with Adventure Gold (TSXV: AGE) to create a…
Mines Management president ‘elated’ with Montanore approval
VANCOUVER — After 11 years, Mines Management (TSX: MGT; NYSE-MKT: MGN) has finally scored a long-awaited approval from U.S. Federal and State agencies to develop its US$552.3-million Montanore silver-copper deposit in…
Moody’s puts 55 miners on review for downgrade
Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.
US equities rise, Oct.19-22
U.S. stocks climbed on the back of strong housing figures for September; better-than-expected earnings from major companies like eBay, Microsoft and Amazon; and signs that the European Central Bank would consider more stimulus measures to boost…
Hecla contemplates open-pit revival at San Sebastian
VANCOUVER — U.S. silver outfit Hecla Mining (NYSE: HL) could be on the verge of adding a new asset to its near-term production profile after a 2014 drill program at its San Sebastian property in Durango, Mexico. The company briefly…
Hecla boosts gold exposure with Quebec plays
VANCOUVER — Gold production is playing a growing role in U.S.-based silver miner Hecla Mining’s (NYSE: HL) precious metals portfolio, and most of the company’s new exposure to the yellow metal is in Eastern Canada.