Goldcorp posts stellar Q2
Vancouver — After digesting the producing Canadian assets of Placer Dome, Goldcorp (G-T, GG-N) has turned in a stellar second quarter with net earnings of US$190.4 million (US50 per share), almost d…
Articles by Northern Miner Staff
Red Dragon taps more Weixi zinc
Vancouver — Sampling by Red Dragon Resources (DRA-V, RDDRF-O) on its Weixi lead-zinc project in Yunnan province, China continues to return high-grade zinc values….
China hires 70,000 safety inspectors for coal mines
The state-owned People’s Daily Online is reporting that some 70,000 miners have been recruited by Chinese coal mines to work as mining safety supervisors, a move by the All-China Federation of Trade U…
McVicar goes shopping
Armed with around $2.8 million from a recent private placement, McVicar Resources (MCV-V, MCVRF-O) has picked up a group of Chinese gold and molybdenum properties….
Aquila intersects sulphides in Michigan
Through most of the current field season Aquila Resources (AQA-V, AQARF-O) has been drilling massive sulphide intersections at the Back Forty project in Menominee Cty., Mich….
Mill changes pay off for GobiMin
Venture-listed GobiMin (GMN-V, GMNFF-O) posted earnings of US$879,000 on revenue of US$3.5 million in the quarter ended June 30, a net result of US1.4 per share….
Editorial: Eight is enough?
Last month we saw the spectacle of the world’s astronomers squabbling over whether Pluto is big enough to still be considered our ninth planet. In this era of too much activist, agenda-pushing science…
Strong retail demand offsets challenging rough diamond market
Despite difficult trading conditions in the rough diamond market during the first half of 2006, demand for diamond jewelry at the retail consumer level has remained vibrant, with an estimated growth o…
Ashton rejects Stornoway offer
The board at Ashton Mining of Canada (ACA-T, AMCFF-O) has rejected the takeover bid for the company made by Stornoway Diamond (SWY-T, SWYDF-O), and is talking to other possible bidders to get a better…
Goldrea drills gold at Daye
Canadian junior Goldrea Resources (GOR-V, GORAF-O) reports that the latest drilling on its Daye gold property near Rushan City in China’s Shandong province has extended the Jingkou zone another 200 me…
Ivanhoe posts Q2 loss
Vancouver — Accelerated exploration and development spending at its Oyu Tolgoi copper-gold deposit in southern Mongolia pushed Ivanhoe Mines (ivn-t, ivn-t) deeper into the red in the second quarter,…
Inter-Citic advances Dachang gold project
Toronto-based junior Inter-Citic Minerals (ICI-T, ICMTF-O) is making good progress in its third year of grassroots exploration at its Dachang gold prospect in west-central China’s Qinhai province….