Denison to buy explorer Fission
Denison Mines (DML-T, DNN-X) is staying true to its strategy of becoming a leading uranium explorer in the eastern Athabasca basin region of Saskatchewan by agreeing to acquire Fission Energy (FIS-V) for $70 million.
Articles by Northern Miner Staff
Kivalliq stacks uranium resources at Angilak
It has been roughly three years since uranium explorer Kivalliq Energy (KIV-V) began drilling in earnest at its 1,377-sq.-km Angilak property in Nunavut. The company has long maintained it is looking at a district-scale play in what could…
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index was up 98 points to 12,725.09 points for the period.
Market news: TSX Venture Exchange
The S&P/TSX Venture Composite Index took a breather this week after posting two consecutive periods of gains to start 2013, dropping 4.93 points, or 0.4%, en route to a 1,235.32-point close on Jan. 18.
Brigus looks to a brighter 2013
Brigus Gold (BRD-T, BRD-X) has hit its 2012 production target and is eyeing more gold production and growth in the new year.
Market news: U.S. Markets
The S&P 500 Index touched a five-year high on the back of stronger housing and jobs numbers. Housing starts in December rose 12.1% — the biggest advance since June 2008 — while applications for unemployment benefits dropped to…
Rio Tinto pays a steep price for Alcan purchase
London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) is haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum major Alcan in 2007.
TV Tower delight continues for Pilot
A high-grade gold zone is emerging at the north end of Pilot Gold’s (PLG-T) TV Tower project in Turkey, complete with drill intervals that regularly contain visible gold.
Editorial: Livin’ la vida Boka
Another sad chapter was written in the life of John Paterson in mid-January, with the 62-year-old disgraced founder and former CEO of Southwestern Resources receiving a sentence of six years in prison for creating hundreds of bogus assay…
Western Copper jumps on Casino feasibility study
For resource companies, it can be hard to keep investors interested during the lull between discovery and development. During those years the story shifts from exciting exploration results to endless studies of metallurgy, hydrography, power…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 22, 2013Precious MetalsPrice…
Commentary: Seabed mining still lacks ground rules
As the natural resources available on land become less and our need for them grows, exploration activities move offshore.