Avanti secures $640M financing for Kitsault
Avanti Mining (AVT-V) has secured a much-needed major financing for its Kitsault molybdenum mine in northern B.C., with five lenders agreeing to provide up to $640 million in loans.
Articles by Northern Miner Staff
Agnico-Eagle gets its groove back
Once a company achieves upper mid-tier status, as Agnico-Eagle Mines (AEM-T, AEM-N) has, it is faced with different problems.
Iamgold to scoop up Trelawney
In a move to expand its Canadian portfolio, Iamgold (IMG-T, IAG-N) has tabled an offer to buy junior Trelawney Mining and Exploration (TRR-V) for its Côté Lake gold project in northern Ontario.
Xstrata seeks buyer for Donkin
Xstrata Coal, a subsidiary of diversified miner Xstrata (XTA-L), is looking to sell its 75% stake in the Donkin coal project in Atlantic Canada.
ESO Uranium digs into the Athabasca basin
Ben Ainsworth joined the board of Hathor Exploration in 2005 and served as vice-president of exploration during the junior’s development of its high-grade Roughrider uranium deposit in northern Saskatchewan’s Athabasca basin, about…
PotashCorp’s Q1 misses the mark
Potash Corp. of Saskatchewan’s (POT-T, POT-N) first-quarter profits disappointed with lower potash sales, curtailed production and increased costs. But after trimming its 2012 earnings guidance, the Saskatoon-based company expects…
Mega Precious Metals optimistic at Monument Bay
Mega Precious Metals’ (MGP-V) president and chief executive James Rogers has lofty plans for the company’s Monument Bay gold project in Manitoba, which was previously drilled by past operators as a potential high-grade underground…
VMS Ventures looking to repeat Reed success
Manitoba’s Flin Flon greenstone belt has been yielding high-grade copper and zinc from its volcanogenic massive sulphide orebodies for almost 85 years, and VMS Ventures (VMS-V) thinks there’s a lot more mineralization to be found.
Rodren Drilling pitches in to help out Children’s Hospital in Winnipeg
In the mining business, daily news often involves drill results, production guidance and stock movement. But when Winnipeg-based exploration diamond driller Rodren Drilling pledges to donate up to $1 million over five years to the…
Fission Energy grows in the Athabasca
With grades over 10 times the global average, the Athabasca basin is home to some of the world’s richest uranium deposits, and one junior is looking to lock-up a significant amount of that prospectiveness for itself.
La Ronge gold district regains its old shine
The 1980s were a booming time for the La Ronge gold belt near the town of La Ronge in north-central Saskatchewan, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces mined. But a tough market and mixed…
Foran jumps into action in Saskatchewan
Foran Mining (FOM-V) is gaining steam at its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) project in Saskatchewan, west of Flin Flon, Man.