Victoria moves closer to Eagle Gold construction
Victoria Gold’s (VIT-V) goal of turning its Eagle Gold project into the Yukon’s next gold mine moved closer to realization.
Articles by Northern Miner Staff
[Update] Coeur outbids First Majestic for Orko
Coeur d’Alene Mines (CDM-T, CDE-N) has trumped First Majestic Silver (FR-T, AG-N) in a contest to acquire Orko Silver (OK-V) for its coveted La Preciosa project, ranked as one of the world’s largest undeveloped silver deposits.
Sona gets Chinese help for Blackdome-Elizabeth in BC
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of B.C., 220 km north of…
Oyu Tolgoi’s feasibility study delayed
Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market with good and bad news about its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert.
Dividend cut and losses hurt Cliffs
Investors beat up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
Lake Shore Gold sells Mexican assets to Revolution
Lake Shore Gold (LSG-T, LSG-X) is selling all of its Mexican properties to Revolution Resources (RV-T) so that it can keep its management team and finances focused on its Canadian assets.
HSBC’s sunny silver outlook
James Steel of HSBC in New York is raising his average price forecast for silver to US$33 per oz. for 2013 and to US$31 per oz. for 2014, up from US$32 per oz. and US$28 per oz. owing to improving industrial demand and investor appetite, and a…
Tasiast purchase weighs down Kinross
Kinross Gold (K-T, KGC-N) will have to take the bad with the good.
Coeur outbids First Majestic for Orko
Coeur d’Alene Mines (CDM-T, CDE-N) has trumped First Majestic Silver (FR-T, AG-N) in a contest to acquire Orko Silver (OK-V) for its coveted La Preciosa project, ranked as one of the world’s largest undeveloped silver deposits.
PMI, Keegan scrap merger, for now
VANCOUVER — Keegan Resources (KGN-T, KGN-X) and PMI Gold (PMV-T) have terminated a plan to merge after it became clear PMI shareholders were not going to approve the deal.
Editorial: Writedowns and the damage done
Another week, and we present yet another issue filled with talk of writedowns, dividend cuts and CEO exits among the majors. It’s been the theme of much of the producers’ side of the industry these past few months.
Beefing up Canada’s anti-corruption legislation
On Feb. 5, 2013, broad amendments to the Corruption of Foreign Public Officials Act (CFPOA) were tabled in the Canadian Senate through Bill S-14, which will effectively bring Canada’s anti-corruption regime more closely in-line with the…