Centerra rebuffs Chaarat’s $800M offer for Kumtor mine
Before Chaarat Gold (LON: CGH) launched an US$800-million, cash-and-share proposal to acquire Centerra Gold’s (TSX: CG) Kumtor mine in Kyrgyzstan, very few North Americans had…
Russia and CIS
Editorial: Rusal sanctions sow market turmoil
The global aluminum markets have been in an uproar since April 6, when the U.S. government imposed tough sanctions on Russia’s oligarchs. Caught in the…
The Northern Miner Podcast – episode 99: Rusal sanctions sow chaos in aluminum markets
This episode is all about base metals, with the latest developments in iron ore, copper and zinc. But the biggest news of all is the…
Diamond market slows after strong recovery
A strong recovery followed an industry-wide diamond inventory buildup in 2014-2015 and another slide after India’s demonetization in late 2016. However, lately, the diamond industry’s…
Black Iron restarts in Ukraine three years after Russian invasion
In the three years leading up to Russia’s invasion of the Ukraine in 2014, Black Iron (TSX: BKI) was making headway at its flagship Shymanivske…
BMO: Gold miners may revisit dormant megaprojects
VANCOUVER — The last five years have seen large-cap gold miners shelve and write down many ambitious, greenfield development projects that carry significant price tags and…
Seven questions investors should ask about geophysical anomalies
VANCOUVER — Geophysical surveys are frequently used by the mining and exploration industry to detect potential mineral deposits hidden beneath the subsurface. However, the results…
PDAC 2017: Rick Rule likens prospect generators to ‘partial lottery tickets’
Rick Rule, president and CEO of Sprott U.S. Holdings, shared his top investment ideas and views on exploration in an interview on the sidelines of…
It’s cobalt’s time to shine, Macquarie says
Cobalt seems to be making a comeback.Current spot prices of US$17 per lb. are well above the US$10 per lb. mark of late 2015, and…
TNM Data Miner: Largest global gold reserves in 2016
The Northern Miner put together the largest global gold reserves at operating mines in 2016, using the Intelligence Mine database from sister company Infomine. The…
Wall Street dips, Jan. 9–13
U.S. equities slipped into negative territory, as oil prices retreated and gold rose. The S&P 500 Index dipped 0.1% to 2,274.64, while the Dow Jones…
Site visit: IG Copper, Freeport probe Russia’s Far East
KHABAROVSK, FAR EAST RUSSIA — IG Copper (IGC), a privately held U.S. company, is making headway at its 51% held Malmyzh copper-gold porphyry project in…