Orex Adds Zones At Goldboro
Strong results from Orex Exploration’s (OX-V) drilling in Nova Scotia helped secure the Rouyn- Noranda, Que.-based junior some market momentum.
Articles by Northern Miner Staff
Xstrata Chops Jobs, Output In Sudbury
Continued low nickel prices are forcing Xstrata (XSRAF-O, XTA-L) subsidiary Xstrata Nickel to accelerate the downsizing of its nickel mining and milling assets in Ontario’s Sudbury basin.
Golden Hope Hits New Mineralization
Assay results from Golden Hope Mines (GNH-V, GOLHF-O)’ Bellechasse property confirm the company has hit upon a second mineralized body at its Quebec gold project.
Sacked CEO Fights To Replace Polar Star Board
Polar Star Mining’s (PSR-V, POSRF-O), ex-president and CEO Douglas Willock is rallying shareholders to help him replace the company’s board of directors — namely, executive chairman Stephen G. Roman.
Bidding War Erupts For Frontera Copper
A bidding war is emerging for Frontera Copper (FCC-T, FRCPF-O) that is pitting the Invecture Group against Southern Copper Corp. (PCU-N).
Century Mining Digs Up $66M Financing
Century Mining (CMM-V, CMNZF-O) has joined a growing group of mining companies trying to weather the financial storm through alternative financing solutions.
Fortuna Silver Production On The Rise
After increasing silver production by 85% in 2008, Fortuna Silver Mines (FVI-V, FVITF-O) is planning to keep the trend going with an 80% rise this year.
Helio Extends Tanzanian Targets
VANCOUVER –With three rounds and two months worth of drilling results from its SMP gold property 100 km northwest of Mbeya, Tanzania, Helio Resource (HRC-V, HELOF-O) keeps growing its three main targ…
Exeter Cuts Lengthy Low-Grade Gold At Caspiche
Exeter Resource( XRC-V, XRA-X) has reported drilling results from its Caspiche gold-copper and Cerro Moro gold-silver projects, in South America.
Mesquite Mine Back In The Saddle
With one year of operations at the past-producing Mesquite gold mine under its belt, Western Goldfields (WGI-T, WGW-X) reports it churned out 110,410 oz. gold for 2008, just short of the 117,000 oz. g…
International Quotes (February 16, 2009)
Australia (A$) Feb 10 Feb 3 Change Bendigo Mining 0.17 0.18 -0.01 Kingsgate Cons. 3.59 3.72 -0.13 Lion Selection Ltd 0.66 0.67 -0.01 Newcrest Mining 32.00 30.00 2.00 …
Hecla Restructures Debt, Raises US$65.6M
Hecla Mining (HL-N) is juggling debt and issuing shares to help repay a loan it took to buy out its majority partner Rio Tinto (RTP-N, RIO-L) at their co-owned Greens Creek silver mine, near Juneau in…