Fortuna sees a reversal of fortunes
Fortuna Silver Mines(FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.
Articles by Northern Miner Staff
Rockex advances island iron ore deposits in Ontario
The iron ore deposits on Eagle Island, Fish Island and Wolf Island at the southwestern end of Lake St. Joseph in northwestern Ontario were first detected at the turn of the century by employees of the Hudson’s Bay Company, long before…
Editorial: CSR office shoots another blank
There have been a couple of new precedents set in Canada’s evolving corporate social responsibility (CSR) landscape.
Metals Commentary: Pullback in gold a buying opportunity, Macquarie says
Since the 2007 global financial crisis, March has been the worst month for the gold price with average declines of 1.6%. But David Doyle, a Toronto-based strategist and economist at Macquarie Capital Markets, believes the recent pullback is a…
Miner killed at Lake Shore’s Timmins West mine
Lake Shore Gold’s (LSG-T, LSG-X) share price continued to slide following the death of a miner at its newly producing Timmins West gold mine in Ontario on April 2.
Land deal paves way for Torex
Torex Gold Resources’ (TXG-T) work on the community relations side of the mining business is bearing fruit.
Correction
The article “Lundin’s NGEx targets copper and gold in Chile” (TNM, April 9–15/12) incorrectly stated that Teck Resources had earned a 51% interest last year in NGEx Resources’ GJ-Kinaskan project in B.C. In fact, Teck is an…
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Tuesday, Apr 10, 2012
Allied Nevada to benefit from economies of scale with Hycroft-Hasbrouck plan
VANCOUVER — It’s looking like a big year for Reno-based Allied Nevada Gold (AVN-T, AVN-X), with an US$1.2-billion expansion plan underway at its wholly-owned Hycroft gold-silver mine in Humboldt County and a proposed US$78-million…
Mega keeps the ball rolling 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 northeast Manitoba, which was previously drilled by past operators as a potential high-grade…
Alderon signs hybrid joint-venture, off-take agreement with Chinese steel leader
VANCOUVER — Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) took a big step towards putting its Kamistiatusset (Kami) iron-ore project on the Labrador-Quebec border on the development track by entering into an US$195 million…