People (March 02, 2009)
Alamos Gold — Herve Thiboutot appointed VP of exploration; Ken Balleweg has stepped down as VP of exploration but will remain exploration manager.
Articles by Northern Miner Staff
Commentary: What You’re Owed If You Get Laid Off
A tough economy usually translates into employee layoffs and dismissals as employers tighten their belts to survive the leaner times. Employees have to face this harsh reality, but they should also kn…
Editorial: De Beers’ US$500M Bailout
The seventh trading week of 2009 closed out with news of profound cash-flow problems at the iconic diamond miner De Beers, underscoring the global collapse in demand for luxury goods such as diamonds.
Chesapeake Mulls Options At Metates
VANCOUVER — Armed with long mineralized intercepts and a new metallurgical plan for a big gold-silver deposit in Mexico, Chesapeake Gold (CKG-V) is pushing ahead with exploration and development plan…
Pacific North West Buys Nixon Fork Gold Mine
While many cash-poor resource companies are experiencing considerable pain in the current bear market, their well-funded brethren are using these conditions as an opportunity to acquire assets.
Meliadine Gets Scoping Study Go-Ahead
VANCOUVER — After 20 years of work in Canada’s North, Comaplex Minerals (CMF-T, CXMLF-O) has a positive scoping study in hand for a combined open-pit/underground operation at its Meliadine gold proje…
Barrick Preserves Strong Balance Sheet
The economic crisis may be pushing many companies to the wall, but Barrick Gold (ABX-T, ABX-N) ended the year with a cash balance of US$1.4 billion, an undrawn US$1.5-billion credit facility, and the …
Apollo Pays Hefty Price For Black Fox Funds
Apollo Gold (APG-T, AGT-X) now has the money it needs to push ahead with the construction of its Black Fox gold mine near Timmins, Ont., but at what cost?
Swift Downturn Whipsaws Demand For Earth-Moving Equipment
It was less than a year ago that warp-speed growth in the mining and construction industries was causing industry- wide shortages of everything from ore-hauling trucks to tires.
Premier Leads Geraldton’s Hardrock Revival
SITE VISIT GERALDTON, ONT. — The bright, cold winter light of a January morning intensifies the stark look of the snow-swept streets of Geraldton, Ont….
Uruguay’s Only Miner Searches Out More Gold
Uruguay’s relative obscurity as far as mining countries go has generally worked for Uruguay Mineral Exploration (UME-V, UGY-L).
Rubicon Expands Its Red Lake Jewel
SITE VISIT RED LAKE, ONT. — In summer, Red Lake (population 5,000) is a charming place, well known for its abundant fishing and annual float-plane…