Forum returns promising results from Athabasca drills
VANCOUVER — It’s been a busy start of the 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.
Articles by Northern Miner Staff
Trafigura gives Mawson the money to build Kapulo copper mine in DRC
VANCOUVER — An offtake agreement with a US$50-million prepayment has given Mawson West (TSX: MWE; US-OTC: MWSWF) the funds it needs to finish building its Kapulo copper–silver mine in the Democratic Republic of the Congo.
Goldcorp ends fight for Osisko
Goldcorp (TSX: G; NYSE: GG) is bowing out of the race for Osisko Mining (TSX: OSK; US-OTC: OSKFF) by not amending its $3.6-billion hostile takeover offer for the junior producer and its large Canadian Malartic gold mine in Quebec.
Uranerz Energy’s Nichols Ranch starts production
Uranerz Energy (TSX: URZ; NYSE-MKT: URZ) has become the newest member of a small club of uranium producers now that its first uranium mine — Nichols Ranch — received final clearance from the U.S. Nuclear Regulatory Commission and…
Nautilus settles dispute with PNG government
VANCOUVER — Shares of Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) have been on the rise following an agreement with the Papua New Guinean (PNG) government that allows for the mining of the company’s Solwara 1 undersea…
Abitibi Royalties offers another way to play Canadian Malartic
Not everyone is sitting on the piles of cash that Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Yamana Gold (TSX: YRI; NYSE: AUY) are contemplating spending to acquire Osisko Mining’s (TSX: OSK; US-OTC: OSKFF)…
Editorial: Barrick-Newmont fling ends in acrimony
It’s gotta rank right up with the worst “first dates” in recent mining history: the proposed merger between gold titans Barrick Gold and Newmont Mining broke off a week after it was made public through media reports in April, and then…
Orex’s high hopes for Goldboro in NS
When mining financier Willie McLucas first visited Orex Exploration’s (TSXV: OX) Goldboro project in Nova Scotia in August 2013, he was excited by what he saw: One of Canada’s earliest gold mines that could become a producer once…
TSX Venture hits four-week high, April 21-25
The S&P/TSX Venture Composite Index managed a 1.5% — or 14.82-point gain — during the trading sessions before closing at a four-week high of 1,013.59 points. Gains were underpinned by rising precious and base-metal prices…
Ontario gov’t reignites Ring of Fire with $1B pledge, First Nations agreements
VANCOUVER — The Ontario government is offering up $1 billion to build a transportation corridor into the Ring of Fire camp in remote northern Ontario, and the funds are the latest in a series of government moves to restore interest in an…
More high-grade prompts Pilot Gold to expand Kinsley
Results from infill and step-out drilling at the Western Flank target of Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) majority owned Kinsley Mountain project in Nevada continue to yield high-grade intercepts, sending the company’s share…
Torex Gold gets $375M for Morelos in Mexico
It took a while, but Torex Gold Resources (TSX: TXG; US-OTC: TORXF) has closed its $375-million project-finance facility — enough to fully fund its El Limon–Guajes project at its Morelos property in Mexico right through to…