Articles by Northern Miner Staff

Cliffs to buy back shares

A month after activist hedge fund Casablanca Capital succeeded in gaining control of the board at Cliffs Natural Resources (NYSE: CLF), the troubled iron ore and metallurgical coal miner says it plans to buy back US$200 million worth of its own…








Aegean Metals Group president and CEO Eric Roth (far right) speaks to geologists at the Hot Maden gold-copper project in Turkey, 1,050 km east of Istanbul. Credit: Aegean Metals Group

Eric Roth’s Aegean Metals sees upside in Turkey

VANCOUVER — It was a quiet couple of years for Eric Roth after Yamana Gold (TSX: YRI; NYSE: AUY) snapped up his Extorre Gold Mines and its Cerro Moro project in Argentina for US$400 million in mid-2012. But now as president…



Turquoise Hill Resources' Oyu Tolgoi gold-copper mine in Mongolia, 80 km north of the Mongolia-China border. Credit: Turquoise Hill Resources

Tax dispute adds doubt to Oyu Tolgoi’s UG expansion

Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) second-quarter results were overshadowed by a tax dispute with the Mongolian government, among other concerns, relating to its Oyu Tolgoi gold–copper mine in the country’s South…


TSX up slightly, Aug. 11-15

The S&P/TSX Composite Index rose 0.71% to 15,304.24 while the S&P/TSX Capped Metals & Mining Index fell 2.06% to 885.07. The S&P/TSX Global Gold Index climbed 0.36% to 204.05 and the spot price for gold lost US$4.60 per oz., to…



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