Centerra threatens to shut down Kumtor
Centerra Gold (TSX: CG) said that it would start shutting down its Kumtor gold operation in Kyrgyzstan if it doesn’t receive approval for its 2014 mine plan and related operating permits by June 13.
Articles by Northern Miner Staff
Skyharbour scores with 100% acquisition of Way Lake
During the fourteen years Rick Kusmirski worked at JNR Resources, the former Cameco Corp. (TSX: CCO; NYSE: CCJ) geologist headed exploration teams that discovered two significant uranium deposits in Saskatchewan’s eastern Athabasca Basin: the…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, May 27 2014 Precious MetalsPrice…
Mining’s slow march towards workforce diversity
VANCOUVER — Glencore Xstrata (LSE: GLEN) will appoint a woman to its board by year-end, a move that will end its stance as the only British blue-chip company with an all-male board.
RTG Mining has big plans in the Philippines
The former management team of CGA Mining, which redeveloped and opened the Masbate gold mine in the Philippines and then merged last year with B2 Gold (TSX: BTO; NYSE-MKT: BTG) in a deal worth US$1.1 billion, is hoping to repeat some of that…
Dominion Diamond’s sparkling start in fiscal 2015
Toronto-based Dominion Diamond (TSX: DDC; NYSE: DDC) reported a strong operational start to the year, with higher-than-expected diamond production, sales and average prices for its first quarter of fiscal 2015.
Rio Alto to buy Sulliden Gold for $300M
Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru.
Are the clouds parting for juniors?
Junior gold explorer Novo Resources (CNSX: NVO) checks all the boxes: it’s led by a well-known, connected and respected geologist; it has several prospective gold projects (one of which has an inferred resource) in the low-risk…
Tahoe posts profitable Q1
After reaching commercial production on Jan. 14, the Escobal silver mine in Guatemala enjoyed a profitable first quarter, Tahoe Resources (TSX: THO; NYSE: TAHO) reports.
True Gold making Karma a reality in Burkina Faso
True Gold Mining (TSXV:TGM) is gaining market momentum, as it gears up to build its flagship Karma gold mine project in north–central Burkina Faso.
U.S. stock markets continue to roll, May 19-23
U.S. stock markets shunned the bears and rewarded the bulls — while dismissing the old adage to ‘sell in May and go away.’ With stronger-than-expected manufacturing numbers out of Asia pointing to resilience in global growth,…
Fewer mining dollars spent and earned in BC
VANCOUVER — In its forty-sixth annual mining industry survey, PwC’s Digging Deep: The Mining Industry in British Columbia 2013 reflects a difficult year for the sector across all commodities.