Vancouver mining community gives back
The mining community came together on Dec. 16 to support local families in need during the 11th Annual Toy Drive in Vancouver.
Articles by Northern Miner Staff
Short-term challenges remain for diamond sector
The long-term outlook for the diamond market is positive — with demand expected to outpace supply starting in 2019 — but in the short-term, the outlook remains challenging, the Antwerp World Diamond Centre and Bain & Co. state…
Editorial: Top stories of 2015
Phew, was 2015 a tough year for miners! As we look back and tie a bow around the fourth year of the downturn in commodity prices and the mining sector, we see an industry in defensive mode, spending more time and energy reacting to harsh,…
Mining the unexpected: when ‘poor geology’ becomes a problem
VANCOUVER — When the “geological complexity” of their orebodies forced Rubicon Minerals’ (TSX: RMX; NYSE-MKT: RBY) to suspend development production at its Phoenix gold mine in Red Lake, Ont., and Goldcorp (TSX: G; NYSE:…
TerraX lines up new gold targets for 2016
VANCOUVER — There’s certainly no lack of high-grade gold targets for TerraX Minerals (TSXV: TXR) to shoot for at its Yellowknife City gold project, located in a district it refers to as “Canada’s last undeveloped…
Otis Gold CEO anticipates ‘exciting’ drill results at Kilgore
VANCOUVER — Explorer Otis Gold (TSXV: OOO; US-OTC: OGLDF) hasn’t let tepid market conditions impact its vision for an open-pit, heap-leach gold mine at its Kilgore project roughly 50 km due northeast of the town of Dubois, Idaho. The…
ICYMI: The most-clicked stories of 2015
In good times and bad, there’s never a shortage of fascinating stories in our industry. In case you missed any of them, here are the most-clicked stories of 2015, in descending order of popularity:
Short Position Report
Short positions outstanding at Dec. 15/15 (with changes from Nov. 30/15).
Turquoise Hill lands US$4.4B to go underground at Oyu Tolgoi
A group of 20 lenders have come up with US$4.4 billion in project financing for Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) to build the underground portion of its Oyu Tolgoi copper and gold mine in southern Mongolia.
A sobering look at gold M&A since 2010
Raymond James analyst Phil Russo has reviewed 67 mergers and acquisitions (M&A) in the gold space since 2010 to determine how many are viable producing, developing and streaming deals. He has found that 40% of transactions would not recoup…
High grades, good execution keeps Klondex shining
Salman Partners’ analyst Derek Macpherson has recently initiated coverage on Klondex Mines (TSX: KDX; NYSE-MKT: KLDX), with a “buy” rating and a one-year, $5-per-share price target.
Oban capitalizes on downturn, buys more ground
With $70 million in cash and equivalents, Oban Mining (TSX: OBM) is quietly consolidating ground in the Abitibi by acquiring junior companies and properties in Ontario and Quebec.