Nautilus fighting to stay on course
VANCOUVER — Starting the world’s first seabed mining operation was never going to be simple, but for Nautilus Minerals (NUS-T), the challenges have been multiplying.
Articles by Northern Miner Staff
Miners endorse CN Rail plan for Labrador Trough
VANCOUVER — In the grand scheme of things Canada isn’t known as a great power in the iron ore business, but a group of forward-thinking mining companies have come together with the Canadian National Railway (CNR-T, CNI-N) to explore…
Sabina Gold makes progress in Nunavut
Drill results from Sabina Gold & Silver’s (SBB-T) Back River project in southwestern Nunavut about 520 km northeast of Yellowknife and 50 km southeast of Xstrata Zinc Canada’s Hackett River silver-zinc project, demonstrate the…
Cobriza on the copper trail in Peru
The final results from Cobriza Metals (CZA-T) first drill campaign at its Arikepay project in Peru are in and they continue to indicate that the company is on to a large porphyry system.
Unigold extends Candelones extension
VANCOUVER — Unigold (UGD-V) has released more results from its now closely-followed drill program at the Candelones project on the western edge of the Dominican Republic.
Brazilian Gold gets first resource at Boa Vista
It didn’t take long for Brazilian Gold (BGC-V) to get a resource on its recently discovered VG1 deposit in Brazil.
HudBay inks deal with Silver Wheaton
Construction of the $1.5 billion Constancia copper mine in southern Peru is a go and HudBay Minerals (HBM-T, HBM-N) has signed a streaming agreement with Silver Wheaton (SLW-T) to help foot the bill.
Northern Tiger reawakens Sleeping Giant
VANCOUVER — Northern Tiger Resources (NTR-V) has renewed interest in the Sleeping Giant zone at 3Ace project in southeast Yukon with some encouraging sampling results.
General Moly addresses cost overruns at Mt. Hope
VANCOUVER — It is not the best time to be in the molybdenum business, as U.S.-based developer General Moly (GMO-T, GMO-X) finds itself coping with rising costs at its flagship Mt. Hope development in central Nevada, along with…
Endeavour bids for Avion
Endeavour Mining (EDV-T) plans to buy Avion Gold (AVR-T) in a $389-million deal to consolidate its position in West Africa and grow its expected gold production for 2012 by 50%.
Short Position Report
TSX Short Positions Short positions outstanding at July 31/12 (with changes from July…
Molycorp sinks on Q2 loss
Second-quarter earnings season hasn’t been a picnic for most companies but Molycorp’s (MCP-N) US$67.6 million loss or US$0.71 per share in the quarter compared to a profit of US$47.8 million or US$0.53 per share in the second…