CARMACKS, YUKON — Rockhaven Resources (TSXV: RK) is not the first, second, or even third company to explore the Klaza project in central Yukon, but it is the first company to find what the others had sought: epithermal gold and silver.
The Mount Polley copper-gold mine operated by Imperial Metals processed a form of ore related to an alkali intrusive. This type of ore is typified as having a low content of sulphur and is not associated with significant quantities of…
Struggling iron ore and coal miner Cliffs Natural Resources (NYSE: CLF) will have to make close to $28 million in severance payments to executives and other key staff that have been turfed following a proxy battle.
Balmoral Resources’ (TSX: BAR) latest drill results provide further confirmation of new high-grade discovery at its Grasset nickel-copper-PGM project in Quebec, 600 km northwest of Montreal.
A month after activist hedge fund Casablanca Capital succeeded in gaining control of the board at Cliffs Natural Resources (NYSE: CLF), the troubled iron ore and metallurgical coal miner says it plans to buy back US$200 million worth of its own…
Shares in Peregrine Diamonds (TSX: PGD) fell by more than 20% on news of a $15.1-million rights offering that could dilute the stock by 100%.
Northern Miner editor-in-chief John Cumming appeared Tuesday evening on CBC Radio British Columbia’s drive-home show “On the Coast” with guest host Kirk Williams to talk about Imperial Metals, the Mount Polley spill, the Red Chris mine…
When McEwen Mining (TSX: MUX; NYSE-MUX) announced in May that its president Ian Ball was resigning after nine years with the company, the news caught many people in Toronto’s tightly knit mining circles by surprise.
The S&P/TSX Venture Composite dropped 1.57 points en route to a 995.90-point weekly close. Markets continue to monitor the Russia–Ukraine crisis even as the eurozone economies released underwhelming economic data. Commodity futures…
It was a good week for U.S. equities. The Dow Jones Industrial Average advanced 109 points to 16,662.91, while the broader S&P 500 Index jumped 23 points to 1,955.06. The tech-heavy Nasdaq Composite Index added 94 points to 4,464.93.
VANCOUVER — Cost cutting by the majors has been a painful necessity over the past few years, and Rio Tinto (NYSE: RIO; LSE: RIO) is no exception. But based on the results from the first half of 2014, the mega-miner’s focus on…
Ross Beaty isn’t the type of businessman who normally airs his grievances in public. But when two of his copper concessions in Poland were apparently revoked by the Polish government, he felt he had no choice.
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