UEX Boosts Resource At Hidden Bay Property
VANCOUVER — UEX Corp. (UEX-T, UEXCF-O) wanted to define 40 million lbs. of uranium oxide at Hidden Bay in 2009 and, in a new resource estimate for the Athabasca basin property in Saskatchewan, it has…
Articles by Northern Miner Staff
Barrick’s Regent Sees Broader Mandate
Increasing profits to US$492 million would be good news for many miners. But for Barrick Gold (ABX-T, ABX-N), the bar is set a little higher — and while its second-quarter profits were up from US$485…
Severstal Ups Offer For High River By 36%
Russia’s Severstal is raising its cash offer for financially troubled High River Gold (HRG-T, HRIVF-O) to 30¢ a share from 22¢ and has extended the deadline for acceptance to Aug. 10.
New Hurdle For Pebble Project
VANCOUVER — The Pebble deposit in southwestern Alaska is one of the largest undeveloped ore-bodies in the world, home to resources totalling 72 billion lbs. copper, 94 million oz. gold, and 4.8 billi…
Northern Freegold Proves Up 1M Oz. Gold
VANCOUVER — After three years of drilling, Northern Freegold Resources (NFR-V) has defined an initial resource at its district-scale Freegold Mountain project.
Newmont Misses Its Q2 Guidance
Higher sales volumes and lower operating costs were the good news for Newmont Mining (NMC-T, NEM-N) during the second quarter.
Athabasca Potash Up For Sale
VANCOUVER — Athabasca Potash (API-T, ABHPF-O) has made it clear that as part of a strategic review process formed to consider possible partnerships on the Burr potash project in Saskatchewan, it is n…
Cardero Eyes Peruvian Iron Sands
VANCOUVER — Cardero Resources (CDU-T, CDY-X) has taken a big step forward at the Pampa El Toro iron sands project in Peru with completion of the project’s first resource estimate.
Minera Andes Eyes $20M
VANCOUVER — Minera Andes (MAI-T, MNEAF-O) is taking advantage of its strong share price to raise $20 million. A group of underwriters has agreed to buy about 26.7 million units at 75¢ a unit. Ea…
Romarco Expands Snake Pit
VANCOUVER — Coming off strong drill results that expanded mineralization at its Haile project, Romarco Minerals (R-V, RTRAF-O) is raising $30 million through a bought-deal financing.
Bannerman Grows Etango
VANCOUVER — Bannerman Resources (BAN-T, BNNLF-O) has boosted the uranium resource at its Etango project in Namibia by 26%.
Fortuna Boosts Reserves 400% At Caylloma
The Caylloma silver-lead-zinc mine in southern Peru has proven and probable reserves of 20.3 million oz. silver — 404% more than previously estimated, Fortuna Silver Mines (FVI-V, FVITF-O) has report…