Goldcorp bids $526M for Probe Mines
Goldcorp (TSX: G; NYSE: GG) is acquiring gold junior Probe Mines (TSXV: PRB; US-OTC: PROBF) in a friendly all-share deal worth $526 million.
Articles by Northern Miner Staff
TSX slips, Jan. 12-16
Despite a large one-day gain as oil prices stabilized, the S&P/TSX Composite Index lost 0.5%, or 75.53 points, to close the trading week at 14,309.41.
Editorial: Gold a ray of hope in a weary market
The Vancouver Resource Investment Conference in mid-January is usually a great way to gauge the mood of the Canadian junior mining scene in the year ahead, and this year was no different.
U.S. equity indexes post losses, Jan. 12-16
News that consumer sentiment in the U.S. reached an 11-year high, along with optimistic comments from the International Energy Agency that “signs are mounting that the tide will turn” for oil prices, helped U.S. equities rally…
Integra’s Sigma purchase a game changer at Lamaque
VANCOUVER — According to Integra Gold (TSXV: ICG; US-OTC: ICGQF) president and CEO Stephen de Jong, his company’s recent acquisition of the 2,200-tonne-per-day Sigma mine and mill complex for $7 million brings a “better…
Is Osisko Gold charting a new course for Falco?
Falco Resources (TSXV: FPC) is the only junior to control the last of the large Abitibi mining camps not owned by a major gold producer and Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF) is a key partner and shareholder, owning just over 11% of…
Aura Minerals suspends mining at Aranzazu
Aura Minerals (TSX: ORA; US-OTC: ARMZF) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs: It is suspending mining operations temporarily at its Aranzazu copper-gold-silver mine in…
Sabina pushes permitting forward at Back River
Sabina Gold & Silver (TSX: SBB) expects to submit a final environmental impact statement (EIS) on its Back River gold project in southwestern Nunavut by mid-year.
Imperial Metals raises $50M
Imperial Metals (TSX: III; US-OTC: IPMLF) may be nursing a black eye from the August tailings dam failure at its Mount Polley mine in central B.C., but the company says it’s pleased with its cleanup efforts so far, and that it is also…
Seabridge proves permits still attainable for big BC mines
VANCOUVER — It’s shaping up to be a big year for Seabridge Gold (TSX: SEA; NYSE: SA) at its large-scale Kerr-Sulphurets-Mitchell (KSM) gold-copper project, 65 km northwest of Stewart, B.C. In late December the company received a…
Capstone’s 2015 outlook ‘disappointing,’ BMO says
VANCOUVER — On Jan. 20 copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) released its production and capital expenditure guidance for 2015, and the results don’t have analysts at BMO Capital Markets particularly enthusiastic….
First Nickel slashes jobs at Lockerby mine
First Nickel (TSX: FNI; US-OTC: FNKLF) is cutting 109 jobs at its Lockerby nickel-copper mine in Ontario’s Sudbury basin, as part of a restructuring plan to lower costs, resume exploration and extend the mine’s life.