Champion Iron optimistic at Bloom Lake
Champion Iron (TSX: CIA; ASX: CIA) is lowering projected costs at the recently acquired Bloom Lake iron ore mine in the Labrador Trough, as part of a plan to restart…
Canada
Nordgold raises its offer for Northquest
VANCOUVER — After increasing its stake in Northquest (TSXV: NQ) to 52.3% late last year, Russian gold miner Nordgold is making a move to acquire the rest of the junior and…
Win free tickets to the Toronto premiere of KONELĪNE: Our land beautiful.
The Northern Miner is proud to be Co-Presenter of the Toronto premiere of the feature-length documentary, KONELĪNE: Our land beautiful, which won the “Best Canadian Feature Documentary” award at the…
TSX returns to a bull market, May 30–June 3
The S&P/TSX Composite Index rose nearly 0.9% to close at 14,226.78, up 20% from its Jan. 20 low, and marking a return to a bull market. The S&P/TSX Global Mining…
NexGen scores US$60M from Hong Kong billionaire
VANCOUVER — Explorer NexGen Energy (TSXV: NXE; US-OTC: NXGEF) made headlines earlier this year with an eye-opening maiden resource at its high-grade Arrow uranium deposit in Saskatchewan’s Athabasca basin, and…
Aston Bay, BHP agree to take on Storm together
After a year of talks and hundreds of hours of due diligence, BHP Billiton (NYSE: BHP) has signed an option agreement to earn a 75% stake in Aston Bay Holdings’…
Pure Energy’s Robinson surveys the world’s lithium deposits
VANCOUVER —While the burgeoning lithium market has sent companies scrambling to secure and advance lithium projects across the globe, anyone new to the scene may be left wondering what the…
CNSC greenlights McClean Lake mill expansion
The Canadian Nuclear Safety Commission (CNSC) has approved the expansion of the McClean Lake mill — operated by Areva Resources in northern Saskatchewan — allowing Cameco (TSX: CCO; NYSE: CCJ)…
Film review: KONELĪNE finds drama in BC’s Golden Triangle
Northwest British Columbia is a land of abundance and beauty. Teeming with wildlife, the mountains, rivers and valleys are also home to the Tahltan First Nation. Riches below the surface…
TSX Venture falls, May 23-27
The S&P/TSX Venture Composite Index fell 2.6%, or 17.6 points, to a 668.54-point close over the trading period. Spot gold hit a three-month low, falling 3.2%, or US$39.60, to US$1,212.38…
Orion to finance Premier Gold
When it comes to financing companies in the mining sector, private equity firms typically call the shots. But in a deal announced on May 31, Orion Mine Finance appears to…
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…