Barrick sells 10% of African Barrick
Barrick Gold (TSX: ABX; NYSE:ABX) has sold part of its 74%-stake in its subsidiary African Barrick Gold (LSE: ABG; US-OTC: ABGLF), in a move to keep optimizing its portfolio amid weaker gold prices.
Articles by Northern Miner Staff
Editorial: Oliver rises to finance minister
Although the move was long anticipated due to his chronic ill health, it still felt surprising that Canada’s third-longest serving finance minister, Jim Flaherty, was finally resigning from cabinet after eight years in the post.
Metals, mining and money markets
Spot pricesCourtesy of Scotiabank Tuesday, March 11 2014Precious MetalsPrice…
Analysts like gold-focused royalty firms
Royalty and streaming companies make good investments, argue Raymond James analysts Alex Terentiew and Ross Yakovlev in a recent note.
Cigar Lake production shines spotlight on Denison Mines
The start of ore production at Cameco Corp.’s (TSX: CCO; NYSE: CCJ) Cigar Lake uranium mine is good news for Denison Mines (TSX: DML; NYSE-MKT: DNN), which owns 22.5% of the McClean Lake mill where all of Cigar Lake’s ore will be…
Alacer focuses on upside in Turkish portfolio
VANCOUVER — Following a strategic decision to sell-off its Australian portfolio for roughly US$36 million in late October, U.S.-based producer Alacer Gold (TSX: ASR; US-OTC: ALIAF) is all about Turkey. The company delivered a…
Nicaragua a priority, B2Gold says
With two of the company’s three operating mines in Nicaragua, B2 Gold (TSX: BTO; NYSE-MKT: BTG) is the country’s largest gold exporter and taxpayer, and one of its largest employers.
One of the world’s great rock collections heads to the ROM
A recent donation from Yamana Gold (TSX: YRI) has Toronto’s Royal Ontario Museum (ROM) on the cusp of finally bringing the Kirwin ore deposit collection to Canada.
Editorial: Korean trade deal helps Canadian coal, aluminum
The Canadian government presented another gift to Canada’s mining industry with the signing of a new free-trade agreement with mineral-hungry South Korea.
PDAC honours six industry leaders
The Prospectors & Developers Association of Canada (PDAC) held its annual awards gala during the PDAC 2014 convention in Toronto earlier this month. Six exemplars of excellence in the industry were recognized. The award recipients are…
More big things to come from little Panama
PANAMA CITY, PANAMA — There may be 117 countries with more land mass and another 131 countries ahead of it when it comes to population, but for such a small country, Panama likes to do things big.
Alderon secures power for Kami project
Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) has confirmed a power supply for its Kami iron-ore project in the Labrador Trough, passing another milestone this year.