BC’s highest NPV exploration projects
Using the database of our sister company Mining Intelligence, The Northern Miner compiled the following list of British Columbia’s four exploration projects with the highest net present values (NPVs), as…
Canada
New Gold faces challenges at Rainy New Gold aims for Rainy River turnaround
VANCOUVER — New Gold (TSX: NGD, NYSE-AM: NGD) had hoped 2018 would be the year it put development challenges to bed at its Rainy River gold mine in northwestern Ontario. In 2017,…
Aben Resources adds Eric Sprott as strategic shareholder
Aben Resources (TSXV: ABN; US-OTC: ABNAF) is expanding its exploration and drilling program this year at its Forrest Kerr gold project in B.C.’s Golden Triangle, with the help of a…
Imperial Metals records $28M loss on strike, operating issues
A strike at Imperial Metals’ (TSX: III) Mt. Polley copper-gold-silver mine in central B.C. and lower copper recoveries at its Red Chris copper-gold mine in northwestern B.C. in the second…
TMAC posts mixed Q2 results
TMAC Resources (TSX: TMR) posted a net loss of $10.3 million (11¢ per share) in the second quarter and warned there might be a risk of breaching certain debt covenants…
Osisko Mining to acquire Beaufield Resources
Osisko Mining (TSX:OSK) is stitching together a larger land package around its Windfall project in northern Quebec with its proposed $17.5 million all-share acquisition of Beaufield Resources (TSXV: BFD). Beaufield’s…
Sokoman Iron sparks gold fever in Newfoundland
VANCOUVER — Sokoman Iron (TSXV: SIC; US-OTC: GDNDF) has struck gold with the first hole in drilling at its Moosehead gold project in central Newfoundland, 20 km west of the…
TSX Venture drops 1%, Aug. 6-10
The S&P/TSX Venture Composite Index fell 1% to end the trading week at 693.75. The index is now down 17% over the past six months. Shares of Aben Resources rose…
TSX moves lower, Aug. 6-10
U.S. President Donald Trump’s decision to double tariffs on Turkish steel and aluminum roiled markets and prompted a further sell-off of Turkey’s currency. The S&P/TSX Composite Index fell 0.57% to…
Top 10 Canada-based juniors with substantial assets in the US
Canadian junior companies have a large presence south of the border. The Northern Miner presents its top-10 list of the biggest Canada-based juniors with substantial assets in the U.S., by…
Pretium reaches steady-state production on schedule
Pretium Resources’ (TSX: PVG) flagship asset, the Brucejack gold mine in northwestern British Columbia, reached steady-state production on schedule in the second quarter of 2018, one year after the mine’s…
Nevsun’s board recommends shareholders reject Lundin takeover bid
VANCOUVER — Nevsun Resources’ (TSX: NSU; NYSE-AM: NSU) board is unanimously recommending shareholders reject Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) bid to buy all of Nevsun’s shares at $4.75 per share, the…