Cameco Q1 profits up on Bruce Power sale
Saskatoon-based uranium miner Cameco (TSX: CCO; NYSE: CCJ) earned $131 million in the first quarter, helped by the sale of its interest in Bruce Power Ltd. Partnership.
Articles by Northern Miner Staff
Barrick’s Peter Munk defends successor John Thornton
During his farewell speech to shareholders at the company’s annual meeting on April 30, Barrick Gold’s (TSX: ABX; NYSE: ABX) founder and departing chairman Peter Munk said John Thornton is the “right guy” to…
TSX moves up, April 28-May 2
The Toronto stock market had a strong trading week, helped by decent corporate earnings and better-than-expected jobs data from the U.S., with the S&P/TSX Composite Index gaining 232 points to 14,765.15.
Site visit: Mega Precious goes monumental
MONUMENT BAY, MANITOBA — Make no mistake about it, Mega Precious Metals’ (TSXV: MGP) Monument Bay project is a serious gold play. With 3.6 million global ounces of gold already outlined, this property in northeastern Manitoba has…
Roxgold completes Yaramoko feasibility study
A feasibility study on the 55 Zone of Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Yaramoko gold project located 200 km southwest of Ouagadougou in Burkina Faso improves on the results of a preliminary economic assessment delivered late last year…
Rockcliff builds critical mass in Flin Flon-Snow Lake
During his 30 years as a field geologist, Kenneth Lapierre worked on grassroots exploration projects across North and South America and as an underground production geologist in precious and base-metal mines in Canada. His work over those…
Water issues arise as Ur-Energy ramps up Lost Creek
Ur-Energy (TSX: URE; NYSE-MKT: URG) is getting the production numbers it expected as it ramps up its Lost Creek uranium project towards commercial production, but water issues at the facility have caused concern.
Forum Uranium tests Athabasca ground
VANCOUVER — It’s been a busy year for explorer Forum Uranium (TSXV: FDC; US-OTC: FDCFF), with a pair of drill programs on opposing margins of Saskatchewan’s prolific Athasbasca basin.
Hudbay extends hostile bid for Augusta, mulls Rosemont delay
Hudbay Minerals (TSX: HBM; NYSE: HBM) is extending its hostile takeover offer for Augusta Resource (TSX: AZC; NYSE-MKT: AZC) to May 16 from May 5, and says it’s digesting news of permitting delays at Augusta’s…
West Kirkland CEO talks Hasbrouck, Three Hills deal
VANCOUVER — Nine months ago it became apparent to president and CEO R. Michael Jones and his team at explorer West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) that the company needed to reassess what it was doing and pinpoint the…
Fission finishes winter PLS program with more hot holes
VANCOUVER — Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) winter drill program at its Patterson Lake South (PLS) uranium project in the southwest Athabasca was a remarkable success.
TSX Venture closes flat, April 28-May 2
The S&P/TSX Venture Composite Index shrugged off early week doldrums to gain 0.87 of a point during the trading sessions, en route to 1,014.46-point close. Commodity futures rallied late in the period, while a U.S. economic report indicated…