Denison eyes JNR in the Athabasca
In a move to lock up uranium-rich ground in the Athabasca basin of northern Saskatchewan, Denison Mines (DML-T, DNN-X) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Articles by Northern Miner Staff
Revett presses on in Montana
When Revett Minerals (RVM-T, RVM-X) restarted the Troy mine in northwestern Montana in December 2004, the property had a mine life of about four years, based on its known reserves.
Teras releases maiden resource at Cahuilla
VANCOUVER — Calgary-based explorer Teras Resources (TRA-V) has accomplished its first goal at its flagship Cahuilla gold-silver project in northwest Imperial County, California. On Nov. 30, the company pulled together historic data and…
Gold Fields reduces its SA risk, spins out two mines
Gold Fields (GFI-N) is lowering its South African risk by spinning out its wholly-owned subsidiary that holds the KDC and Beatrix gold mines in the country into a new firm called Sibanye Gold. While this may sound like a step in the right…
Interview with Quest’s CEO Peter Cashin
Quest Rare Minerals (QRM-T, QRM-X) is advancing its Strange Lake rare earth element (REE) deposit in northern Quebec and expects to deliver a prefeasibility study on the project by year end or early January, followed by a feasibility study…
Deloitte stresses focus, discipline in mining report
VANCOUVER — In its annual forward-looking report on mining trends, big-four financial consulting firm Deloitte had a clear message for industry players: do not sacrifice future growth in the name of short-term capital savings. Deloitte…
Ucore completes Dotson Ridge PEA
Head of global research at Byron Capital Markets Jon Hykawy has raised his target price on Ucore Rare Metals (UCU-V, UURAF-O) to $1.00 per share — a 12-month estimate that he “still considers conservative” — after the…
Ollachea delivers for Minera IRL in Peru
Lima-based gold miner Mineral IRL (IRL-T, MIRL-L) has completed a definitive feasibility study of its wholly owned Ollachea gold project in southeastern Peru that shows the potential to build a profitable underground mine that could produce…
Astur surges on EIS
Shares of Astur Gold (AST-V) jumped 50% to $1.08 on news that authorities in Spain had issued a positive Environmental Impact Statement on its 100%-owned Salave gold project, which the junior describes as one of the largest and highest grade…
[Update] Inmet rejects First Quantum’s takeover bid
Shares of Inmet Mining (IMN-T) are still climbing after it made two separate announcements yesterday, indicating it has turned down a second takeover bid from First Quantum Minerals (FM-T) and has adopted a shareholder…
Commentary: Mining the Canadian markets
With nearly 1,650 companies listed, mining is one of the Toronto Stock Exchange’s most important sectors. The TSX and the TSX Venture exchange are currently home to more than half of the world’s public mining companies, as Canada continues to…
Australia says OK to Chinese takeover of Talison
Australian regulatory authorities have cleared the way for Chinese conglomerate Chengdu Tianqi Industry Group to proceed with its proposed takeover of Talison Lithium (TLH-T), a company that has produced lithium from its Greenbushes operation…