Eike Batista’s boom and bust
VANCOUVER — How do you turn US$35 billion into less than US$400 million in 18 months?
Articles by Northern Miner Staff
Marlin Gold and GoGold Resources covet Santa Gertrudis
The Santa Gertrudis gold project — 180 km north of Hermosillo, in Mexico’s Sonora state — was discovered by Phelps Dodge in 1986 and advanced to open-pit, heap-leach production in 1991.
Besra pushes to production in Malaysia
VANCOUVER — Besra Gold (TSX: BEZ) is laying the groundwork for its third gold mine with a feasibility study for a first stage of development at its Bau project in East Malaysia.
Cowen & Co.’s picks as M&A targets in gold’s next growth stage
In a report published early last month on acquisition targets that would make sense in the gold sector, Cowen and Company mining analysts Adam Graf and Misha Levental reason that major producers of the precious metal are still profitable and…
In case you missed it: the most-clicked stories of 2013
It’s been a record year of growth for www.northernminer.com, with the site now attracting more than 85,000 visits per month, and almost half a million unique visitors for all of 2013. Here is a selection of the most-clicked stories over…
Commentary: Bill 70 brings some certainty to Quebec
On Dec. 9, 2013, legislators in Quebec agreed to adopt Bill 70, which will reform Quebec’s Mining Act, RSQ, c. M-13.1, thus settling months of negotiations and uncertainty on the matter.
Minvest Partners finds niche in advanced exploration assets
Valuations in the mining sector have sunk low enough to attract value-oriented private equity funds, including big generalist firms Apollo Global Management, Carlyle Group and KKR & Co.
TNM’s 2013 Mining Persons of the Year: Fission’s Ross McElroy and Dev Randhawa
Since the days of the Manhattan project, there have been three conventional rules for finding uranium mineralization in Saskatchewan: it occurs in the Athabasca basin, usually in the lowest sandstone unit that’s in contact with the…
Asanko takes a second go at PMI
In a friendly all-share deal valued at $183 million, Asanko Gold (TSX: AKG; NYSE-MKT: AKG) plans to take over PMI Gold (TSX: PMV; ASX: PVM; US-OTC: PMVGF) to create an emerging mid-tier gold producer.
Commentary: Global mining M&A and investment in 2013
Like in any industry, supply-demand imbalances in mining products are at the root of dramatic price fluctuations and market upheavals. This is what has been happening in the mining industry in 2013: market imbalances have led to rock bottom…
Western Pacific partners with Quintana at Deer Trail
VANCOUVER — In November Western Pacific Resources (TSXV: WRP) was forced to extend its purchase agreement at the historic Deer Lake polymetallic mine, located 266 km southwest of Salt Lake City, Utah. But with a new strategic partner…
Eurasian pushes ahead in Turkey
ISTANBUL, TURKEY — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) started exploring Turkey’s Western Anatolia and Eastern Pontides mineral belts for gold and silver, as well as porphyry copper targets, more than a decade ago,…