Rio may sell its diamond assets
Rio Tinto (RIO-N, RIO-L, RIO-A) is pondering whether its diamond assets have lost its sparkle.
Articles by Northern Miner Staff
Northern Vertex finds more Mossy gold
Northern Vertex Mining (NEE-V, NHVCF-O) has its first assays in from the diamond drill part of its latest program at the Moss gold and silver project in Arizona.
Venture drops 50 points in March 19-23 period
Vancouver — Three days of losses well outweighed two days of gains in the March 19 to 23 period, leaving the S&P TSX Venture Composite Index down 50.65 points at 1,555.52 points. Volume was noticeably down for the whole period,…
First Quantum preps Sentinel for production
First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.
TSX falls on fears of slowdown in China
The TSX Composite Index fell 29 points to finish the March 19 to 23 period at 12,465.66 points. The sell-off came after market participants were surprised by bad manufacturing numbers out of China and Europe.
Riverstone reports wide intersects at Goulagou I
The results of ten diamond drill holes at the Goulagou I deposit will allow Riverstone Resources (RVS-V, RVREF-O) to upgrade the resource model at its flagship Karma gold project in Burkina Faso, the company says.
Silver Wheaton rises on record 2011 revenues
Vancouver — Silver Wheaton (SLW-T, SLW-N) is the reigning king of silver-stream financing, and the company continued to experience notable growth in 2011.
U.S. markets edge slightly lower, Mar. 19-23
The Dow Jones Industrial Average and the S&P 500 index lost some ground during the Mar. 19-23 trading week. The Dow was down 1.15% to 13,080.73 and the S&P posted its second negative week so far this year falling 0.50% at 1,397.11. It…
Sego set to scale Miner Mountain
If you’ve ever been to Princeton, home to the recently opened Copper Mountain mine, you’ve also seen Sego Resources’ (SGZ-V) Miner Mountain copper property.
Glorious royalties
Financing was a recurring theme at this year’s eightieth Prospectors and Developers Association of Canada convention in Toronto. With debt markets in Europe faltering and equity markets globally not performing up to snuff, miners…
Xstrata expands Canadian coal footprint
Swiss-based mining giant Xstrata (XTA-L) has struck a deal to buy the Sukunka coking coal deposit in northern B.C.’s Peace River region from Calgary-based Talisman Energy (TLM-T, TLM-N) for a cool US$500 million in cash.
Banks Island banking on quick-start gold mine
Recently listed Banks Island Gold (BOZ-V) has hit more high-grade gold while expanding the resource at its production-ready Tel zone in northern B.C.