Kirkland Lake presses on towards lofty goals
Its latest quarterly results weren’t perfect, but Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) is making steady progress towards its goal of becoming a substantial gold producer in Ontario.
Articles by Northern Miner Staff
Carpathian sinks on financing
Carpathian Gold’s shares (TSX: CPN; US-OTC: CPNFF) fell 26% after the company announced a bought-deal financing to finish developing its Riacho dos Machados (RDM) gold project in Minas Gerais, Brazil.
Calibre soars on trenching results
These days, it’s unusual to see a company’s share price more than double on strong trenching results. But this is what happened when Calibre Mining (TSXV: CXB; US-OTC: CXBMF) released more trenching assays from its wholly…
Wesdome discovers new gold structures at Eagle River
VANCOUVER — Toronto-based producer Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) enjoyed a warm reception from markets following news of underground drilling success at its wholly owned Eagle River mine, located 50 km west of Wawa, Ont….
B2Gold well positioned for an acquisition, says BMO
VANCOUVER — Producer B2Gold (TSX: BTO) has been one of the better performing gold equities over the past couple of months, as shares have jumped 52%, or $1.05 per share on the back of consistent production and a strong balance sheet.
U.S. Antimony is all-in in Mexico
During the Second World War, Mexico dominated the antimony market, producing more than 30 million lb. per year. But the country lost its edge in subsequent decades, primarily due to inadequate smelting and milling facilities, and…
Glencore Xstrata latest to catch the writedown bug
Despite being one of the most well-diversified commodity companies in the world — with marketing, trading, mining, smelting and shipping assets in metals, oils and agriculture — Glencore Xstrata (LSE: GLEN) was unable to protect…
Gold Fields loses US$129M in Q2 as production costs surpass gold price
VANCOUVER — Gold Fields (NYSE: GFI; JSE: GFI) is preparing for a future of US$1,300 per oz. gold by restructuring all of its operations — and potentially closing some — to bring its production costs back below the gold price,…
Brigus improves at Black Fox, boosts guidance
VANCOUVER — Halifax-based producer Brigus Gold (TSX: BRD; NYSE-MKT: BRD) is adjusting to challenging market conditions at its Black Fox gold mine in the town of Matheson, Ont. Despite volatile gold prices — which hit a…
Cayden strikes again at El Barqueo with Pea de Oro
VANCOUVER — It’s been a strong four months for explorer Cayden Resources (TSXV: CYD) and its El Barqueno gold project, 110 km west of Guadalajara in Mexico’s Jalisco state.
Northern Graphite secures mining lease for Bissett Creek
After a 10-month wait that Northern Graphite (TSXV: NGC; US-OTC: NGPHF) says should not have exceeded 45 days, the junior has been granted a mining lease for its wholly owned Bissett Creek graphite project in Ontario, 100 km east of North Bay.
Esperanza’s shareholders embrace Alamos offer
Shareholders of Esperanza Resources (TSXV: EPZ) voted 96.25% in favour of the company’s acquisition by Alamos Gold (TSX: AGI; NYSE: AGI), and the Supreme Court of British Columbia has given its seal of approval to the plan of arrangement.