Articles by Northern Miner Staff

Partners prove up copper potential at Pyramid project

VANCOUVER — It took less than three years and only 30 holes for Full Metal Minerals (FMM-V) and Antofagasta (ANTO-L) to define a resource at their Pyramid project in Alaska that contains more than 1.3 billion lb. copper, as well as…




UPDATE2: Grasberg tunnel collapse kills 28

Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.



U.S. markets, May 13-17

U.S. markets continued their upward march, marking their fourth straight week of gains. The Dow Jones Industrial Average advanced 235.91 points, or 1.56%, to close the week at 15,354.40, while the S&P 500 Index rose 33.77 points, or 2.07%,…



An operator tightens a valve on a steam-assisted gravity drainage well pad at Nexen's Long Lake oilsands project. Source: Nexen

Who’s afraid of CNOOC?

The $15.1-billion takeover last year of oilsands producer Nexen by state-owned China National Offshore Oil Co., or CNOOC (CEO-N), tested Canadians’ willingness to allow foreign state-controlled firms full access to the country’s…


TSX Venture Exchange, May 13-17

The S&P/TSX Venture Composite Index dropped 3.3% — or 32.05 points during the period — with falling precious metal prices and a weaker Canadian dollar weighing on the market. Upbeat signs from the U.S. provided a late boost…


Editorial: Clash of the Titans

Canadians trying to make sense of what’s going on in the upper echelons of the newly merged Glencore Xstrata are getting a feel of what it must have been like to be an ancient Greek peasant looking up at his distant panoply of…



Exploration ramp development at Goldcorp's lonore gold project in Quebec. Source: Goldcorp

Goldcorp’s earnings squeezed

Goldcorp (G-T, GG-N) may have surpassed its long-time rival Barrick Gold (ABX-T, ABX-N) in terms of market capitalization, but that doesn’t mean the company has been insulated from the same bear market that has felled other…


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