Time is not on Baja’s side
There is “substantial doubt” that Baja Mining (BAJ-T) will continue as a going concern, the company declared on May 16 in its first-quarter earnings analysis, under a section entitled “Risk Factors.”
Articles by Northern Miner Staff
Greenbushes bears fruit for Talison
Cash-rich Talison Lithium (TLH-T) booked record thirdquarter sales volume, revenue and net income from its high-grade Greenbushes lithium operation in southwestern Australia, and president and CEO Peter Oliver forecasts global demand for…
Rio Verde to secure $15M for key projects
Rio Verde Minerals (RVD-T) aims to add $15 million to its coffers to help fund exploration and development at its key potash and phosphate projects in northern Brazil, by selling its shares at a premium.
Aurcana on target with aggressive growth profile
VANCOUVER — Emerging Vancouver-based silver producer Aurcana Corp. (AUN-V) continued to demonstrate steady production growth through the first quarter, as the company posted record profits and announced development is ahead of schedule at…
Commerce Resources’ Ashram rare earth project at $2.3bn NPV
VANCOUVER — Commerce Resources (CCE-V) has outlined the financial case for its remote Ashram rare earth project in a preliminary economic assessment.
[Update] Forest fires threaten Kirkland Lake, Timmins
VANCOUVER — Raging forest fires that ignited near the towns of Kirkland Lake and Timmins in north-eastern Ontario have forced residents from their homes, and impacted four regional gold operations, as fire crews and the Ministry of…
McEwen comments on uncertainty in Argentina
When mining entrepreneur Rob McEwen put US Gold and Minera Andes together to create McEwen Mining (MUX-T, MUX-N) he was working on the model that you could take one company that had cash flow and another company that had development…
Clifton Star fuses Duparquet gold deposits into indicated resource
VANCOUVER — Gold exploration outfit Clifton Star Resources (CFO-V) saw its efforts pay-off following extensive resource drilling, as the company uncovered a multi-million-oz., in-pit indicated resource at its 100%-owned Duparquet gold…
Romarco, Goldgroup struggle with environmental permitting
VANCOUVER — Romarco Minerals (R-T), trying to open a mine in South Carolina, and Goldgroup Mining (GGA-T), trying to open one in Mexico’s Veracruz State, have both been hit by environmental permitting setbacks recently.
GoldQuest soars 313% on new discovery
GoldQuest Mining (GQC-V) shares spiked after revealing a monstrous gold intercept from its 15-hole program at the Las Tres Palmas project in the Dominican Republic.
Quaterra completes MacArthur PEA
Quattera Resources (QTA-V) took a step closer this week to near-term production at its MacArthur project, a fully-stripped porphyry copper oxide property in the historic Yerington copper district of Nevada.
Corvus hits more high-grade at new Bullfrog target
VANCOUVER — The latest drill result from the Yellow Jacket target at Corvus Gold’s (KOR-T) North Bullfrog project in Nevada has returned more evidence of a high-grade feeder zone.