Katanga wants to be Africa’s biggest copper producer
Katanga Mining (KAT-T) is gearing up to take a big copper project, and make it that much bigger.
Articles by Northern Miner Staff
A ‘win-win’ deal for Kirkland, Queenston
In a move to secure future growth, Kirkland Lake Gold (KGI-T, KGI-L) is buying Queenston Mining’s (QMI-T) 50% stake in seven jointly held properties the two have in Ontario’s Kirkland Lake gold camp for $60 million in cash and a…
Pullback in gold is buying opportunity, Macquarie says
Since the outbreak in 2007 of the global financial crisis, March has been the worst month for the gold price with average declines of about 1.6%. But David Doyle, a Toronto-based strategist and economist at Macquarie Capital Markets, believes…
Ontario pays God’s Lake $3.5M to give up claims
Vancouver — The Ontario Government has agreed to pay God’s Lake Resources (GLR-V) $3.5-million to give up its mining lease and claims on 35 sq. km of Kitchenuhmaykoosib Inninuwug (KI) First Nation traditional land.
Entre Gold continues to bank in-ground copper assets
Vancouver — Entrée Gold (ETG-T, EGI-N) has amassed an impressive collection of copper resources and reserves in Nevada and Mongolia, but getting it out of the ground may be the rub.
The old Leprechaun offers up challenges to Marathon
Marathon Gold (MOZ-T) and Mountain Lake Resources (MOA-V) had to fight through some heritage issues at the Leprechaun deposit in Newfoundland, but its latest resource update outlines a resilient deposit.
UBS updates near-term commodity prices
The acceleration of capital outflow from emerging markets and tighter liquidity as stimulus ends from the U.S. Federal Reserve and the European Central Bank, a “rebalancing” in China where policymakers are not actively stimulating private…
Richmont drops on Wasamac’s PEA
Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.
Fortuna sees a reversal of fortunes
Vancouver — 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.
Locally sourced fertilizer sounds right to Stonegate
With a prefeasibility study now in the bag Stonegate Agricom (ST-T) is on track to do something that no other junior has done in the phosphate space for a very long time.
Mitsubishi takes stake in Marathon
Mitsubishi Corp. of Japan will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metals and copper deposit near the north shore of Lake Superior about 10 km north of the town…
Class actions now in session
Vancouver — The numbers are sobering: A $4-billion class action lawsuit against Kinross Gold (K-T, KGC-N), a $1-billion claim against Baffinland Iron Mines, a $250-million claim against Agnico-Eagle Mines (AEM-T, AEM-N), a $66-million…