Kinross Takes Writedown, Boosts Gold Production
Score it another writedown for the big boys.
Articles by Northern Miner Staff
Breakwater Struggles To Stay Afloat
Breakwater Resources (BWR-T, BWLRF-O) posted a net loss of $88.3 million or 20¢ per share in 2008 compared with net earnings of $23.4 million or 6¢ per share in 2007.
Sherritt Plots Return To Low-Cost Glory Days
Sherritt International (S-T, SHERF-O) wants to get back to where it started — or at least where it was eight years ago.
Richmont Sees Healthy Q4
While other junior miners continue to be undercut by economic uncertainty, Richmont Mines’ (RIC-T, RIC-X) fourth-quarter results show a company being rewarded for its shrewd moves.
Lines Are Drawn In Battle For HudBay
VANCOUVER — After spending $460 million to acquire a nickel project that’s since been shelved and then attempting to take over Lundin Mining (LUN-T, LMC-N) in a deal that shareholders resoundingly re…
Lundin Loss Nears US$1B In 2008
VANCOUVER — Lundin Mining (LUN-T, LMC-N) lost almost US$1 billion in 2008 and now carries US$267 million in debt following the failure of a planned merger with HudBay Minerals (HBM-T, HBMFF-O), but t…
Firstgold ready to pour at Relief Canyon
Vancouver – After spending two years and $16 million on a new processing facility for old ore, Firstgold (FGD-V) …
Copper Fox and Lions Gate Metals consider merger
Vancouver – Copper Fox Metals (CUU-V) and Lions Gate Metals (LGM-V) have signed a letter of intent to merge …
Much of Lamaque gold production will come from new zones
More than half of the gold mined from Century Mining’s (CMM-V) Lamaque underground gold mine near Val d’Or, Que., o…
Yemen seeks to gain its share of the mining spotlight
Exploration companies looking for the next big find have seldom thought to look in the Middle Eastern country of Ye…
Redcorp enters creditor protection as Tulsequah costs escalate
Vancouver – Redcorp Ventures (RDV-T) has filed for creditor protection, a few weeks after suspending development …
$96 million writedown strikes Quadra
Vancouver – Painful pricing adjustments and a hefty writedown have claimed another victim in Quadra Mining (QUA-T…