Harry Winston to buy Ekati for US$500M
One year after BHP Billiton (BHP-BLT-L) announced it was looking at selling its diamond business, the company has found a buyer in Harry Winston Diamonds (HW-T, HWD-T).
Articles by Northern Miner Staff
More headaches for Anglo at Minas-Rio
Skyrocketing costs are eating into the pocketbooks of miners across the industry and Anglo American (AAL-L, AAUK-Q) is no exception.
Update: Osisko to acquire Queenston
It’s not easy these days for chief executives and their boards to strike a balance between shareholders who scream for growth and those who demand consistent free cash flow and higher dividends.
TSX drops on fiscal cliff concerns
Canada’s main index fell during the Nov. 5-9 trading week as investors fretted over the U.S. economy toppling over the “fiscal cliff” as several laws, such as the Bush tax cuts, are set to expire at year end, after which a…
U.S. markets down on fiscal cliff fears
U.S. elections results may have settled who will lead the country for the next four years, but that did little to quell fears that a recession could be on the horizon if the fiscal cliff situation is not resolved in the coming months.
Revett presses on in Montana
When Revett Minerals (RVM-T, RVM-N) 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.
Rambler’s Ming takes wing
The Ming copper-gold mine on Newfoundland’s Baie Verte Peninsula officially moved into commercial production on Nov. 1, and Rambler Metals and Mining (RAB-V, RMM-L) says the first 9,000 to 10,000 tonnes of copper concentrate will be…
Project generation a win for McLean
Scott McLean and Kevin Stevens were part of a four-man team at Falconbridge that discovered the high-grade Nickel Rim South deposit in Sudbury, Ont., in 2001.
Goldcorp rebounds with strong quarter
Vancouver-based major Goldcorp (G-T, GG-N) staged a comeback in the third quarter after being plagued by operational problems at its two largest mines during the first half of the year.
Red Eagle gets the cash to push ahead
Red Eagle Mining (RD-V) has some deep-pocketed investors believing in its ability to fast track its Santa Rosa gold project in Colombia into production.
Miners give back in Toronto, Mali
Several mining companies are digging into their pockets ahead of the holiday season and donating to charitable causes.
Editorial: Gold bulls revived on Obama win
In defiance of the predictions of countless right-leaning pundits and some recent polling, U.S. President Barack Obama was re-elected on Nov. 6 in a surprisingly strong showing, particularly given the prolonged weakness in the U.S. economy that…