Drilling pays off for Richmont at Island Gold
Richmont Mines (TSX: RIC; NYSE-MKT: RIC) shares got a boost after exploration drilling confirmed the Island Gold mine near Wawa, Ont., continues to grow in size. The 77.7 sq. km property…
Canada
TSX ends in the red, May 2–6
The Toronto stock market declined during the first week of May on the back of lower commodity prices and weak economic data. Statistics Canada reported the economy lost 2,100 jobs…
Agnico drills prospects across Canada, Sweden and Mexico
VANCOUVER — Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has reported another strong quarter to start 2016, and it is giving the market a more detailed look into its exploration portfolio that…
Premier Gold invests in IDM Mining
Premier Gold Mines (TSX: PG) expects to be in production this year at its 40%-owned South Arturo gold project in Nevada, but is looking for investment opportunities beyond its project pipeline…
Deltion wins $700,000 contract to develop space mining tool
The Canadian Space Agency (CSA) has tapped Deltion Innovations to develop a tool that could be deployed on future exploration and prospecting missions in space. Known as the “percussive and…
Panel Discussion: Harquail, de Jong, Mell and Wilton talk alternative financing
During the Prospectors & Developers Association of Canada convention in Toronto in March, PearTree Securities sponsored a panel discussion moderated by Anthony Vaccaro, publisher of The Northern Miner, to tackle…
With $19M financing, PE Fund poised to take 63% stake in Rambler Metals
VANCOUVER — CEII Roma, a mining-focused fund based in the Cayman Islands and advised by private equity firm Plinian Capital, is offering to inject a gross £10.5 million ($19.1 million)…
Editorial: The curious case of Carmax Mining
Anyone following junior mining in B.C. — and by extension the Mineral Titles Office — may have caught an interesting bit of drama in April courtesy of Carmax Mining and…
TNM Data Miner: Digging into the data on equity financings in Canada
VANCOUVER — Welcome to a new feature at The Northern Miner where we have some fun with raw data sets relating to mining, mineral exploration, and commodity markets. To begin we’ll be…
TSX Venture approaches 52-week high, April 25-29
The S&P/TSX Venture Composite Index built on its three-month run during trading, as it gained 2.8%, or 18.69 points, en route to a 674.87-point weekly close. Gains were underpinned by improving commodity…
The Northern Miner podcast – episode 10: Aloha! CIM conference and earnings season
Join us as we bid Lesley a groovy week-long vacation in Hawaii; aloha! Matt digs into a flurry of quarterly earnings reports, including Goldcorp (TSX: G; NYSE: GG) and Barrick Gold…
Sirios rethinks Cheechoo, wins Goldcorp’s interest
VANCOUVER — Explorer Sirios Resources (TSXV: SOI; US-OTC: SIREF) has been toiling away for years in relative obscurity at its flagship Cheechoo gold project, 320 km north of Matagami, Que., but is gaining…