McEwen Mining buys Primero’s Black Fox
McEwen Mining (TSX: MUX; NYSE: MUX) is expanding its footprint in the Timmins camp of Ontario with the purchase of Primero Mining’s (TSX: P; NYSE: PPP) Black Fox mine complex…
United States
Barrick’s Dushnisky on miner’s rebound, JVs
At the Canadian Mining Symposium hosted by The Northern Miner at Canada House in London, U.K., in May, session moderator Bill Whitelaw, executive vice-president of Northern Miner parent company Glacier…
US stocks on the rise, July 24-28
On the macroeconomic front, the U.S. dollar remained under pressure after U.S. Federal Reserve commentary on monetary policy, which indicted that inflation remains “below target.” The Fed suggested it would…
Top 10 Canadian base metal explorers and developers
The Northern Miner used the IntelligenceMine database of our sister company Infomine to determine the top-10 largest base metal companies headquartered in Canada that have non-producing assets. The list is…
Washington Companies bids US$1.2B for Dominion Diamond
A privately held group with no experience in diamond mining owned by American industrialist and entrepreneur Dennis R. Washington — who got his start building roads in Alaska — is…
Arizona Mining hits big at Taylor Deeps
VANCOUVER — The latest batch of drill results from Arizona Mining’s (TSX: AZ) Hermosa zinc-lead-silver project, 81 km southeast of Tucson, Ariz., could change how the company develops the project, chief operating…
Snapshot: Seven juniors hunting for battery minerals
The boom in electric vehicle manufacturing has translated into a lively subsector of junior explorers scouring the world for new deposits of lithium, cobalt, graphite and other minerals suited for…
Gold juniors reap investment windfall from majors
Direct investment in TSX-listed shares of junior gold companies is the highest it’s been in the last 10 years, CIBC World Markets says in a report. The bank’s research analysts…
TSX Venture falls, June 26-30
The S&P/TSX Venture Composite Index lost 1.4%, or 10.51 points, to a 766.74-point close, as spot gold prices hit eight-week lows, falling US$15.10 to US$1,241.61 per oz., . More demand…
Pershing re-envisages Relief Canyon as low cost mine
VANCOUVER — After one year of infill drilling and number crunching, Pershing Gold (NASDAQ: PGLC) has produced a prefeasibility study (PFS) for its Relief Canyon open-pit, heap-leach gold project, 150 km…
Pure Energy unveils PEA for Clayton Valley lithium
VANCOUVER — Pure Energy Minerals (TSXV: PE; US-OTC: PEMIF) hopes to start construction on a lithium hydroxide operation at its Clayton Valley project in Nevada by 2019. On June 26, the…
Cobalt 27 offers ‘pure play’
VANCOUVER — Cobalt 27 Capital’s (TSXV: KBLT) $200-million initial public offering (IPO) on the TSX Venture Exchange on June 23 shows there’s a growing appetite among investors for exposure to the…