Semafo Posts Record Financial, Operational Results
It may have been a year many companies would prefer to forget, but 2008 was one of the best years in Semafo’s (SMF-T, SEMFF-O) history.
Articles by Northern Miner Staff
Aurizon Thrives In Midst Of Downturn
VANCOUVER — Aurizon Mines (ARZ-T, AZK-X) is one of those companies happy to be mining gold.
First Quantum Earns US$45.9M In 2008
VANCOUVER — Despite record copper production First Quantum Minerals (FM-T, FQVLF-O) managed to earn just US$45.9 million in 2008 as the plunging copper price forced the company to take major investme…
Tower Hill Raises $10M, Doubles Livengood Drill Program
VANCOUVER — A March financing brought in twice as much as it expected, so International Tower Hill Mines (ITH-V, THM-X) has doubled the size of its drill program at the Livengood gold project in Alas…
First Resource On Fronteer’s Long Canyon
Fronteer Development Group’s (FRG-T, FRG-X) has long said that its Long Canyon gold deposit in the heart of the Pequop mountain range in northeastern Nevada may define an entirely new gold trend, and …
The Canadian government’s new CSR strategy
The following is the introduction to Building the Canadian Advantage: A Corporate Social Responsibility (CSR) Strategy for the Canadian International Extractive Sector, produced by Foreign Affairs and…
Rio Tinto To Idle Diavik, QIT-Fer
Autumn’s global collapse in diamond demand continued to ripple through Canada’s diamond mines during the thirteenth trading week of the year, as the lively Canadian diamond scene grapples with its fir…
Royal Gold Buys Andacollo Royalty
VANCOUVER — Teck (TCK. B-T, TCK-N ) and its minority partner have agreed to sell a major share of the anticipated gold stream from their Carmen de Andacollo copper-gold mine in Chile to Denver-based …
Griffin Mining Pulls Plug On Ivernia Offer
In an unexpected move, Griffin Mining (gfmif-o, gfm-l) has withdrawn its unsolicited takeover offer for lead miner Ivernia (IVW-T, IVWFF-O).
Cons. Thompson Gets Chinese Partner
VANCOUVER — Consolidated Thompson Iron Mines (CLM-T) has found itself a partner to develop and run the Bloom Lake iron mine in eastern Quebec.
NA Palladium Bids For Cadiscor
Taking a big step into the gold sector, North American Palladium (PDL-T, PAL-X) has launched a friendly all-share deal for Cadiscor Resources (CAO-V), owner of the dormant Sleeping Giant gold mine in …
BC Approves Terrane’s Mt Milligan
VANCOUVER — The British Columbia government has approved an environmental assessment certificate for Terrane Metals’ (TRX-V, TRXOF-O) Mt. Milligan gold-copper project in central B. C.