Articles by Northern Miner Staff


U.S. equities post worst week in eight

U.S. stocks posted their worst week in two months with the Dow Jones Industrial Average dropping 2.94% or 357.52 points to 11,796.16, and the S&P 500 index down 3.8% or 48.2 points to 1,215.65. The Nasdaq Composite was down 106.25 points or…


TSX drops during the Nov.14-18 week

The Nov.14-18 trading period saw the S&P/TSX Composite Index shed 384.41 points to 11,892.44. Similarly the Global Gold Index dropped 28.96 points to 401.17 as the price of gold sank US$63.70 per oz. to US$1,724.80. Following the downward…


Molycorp president and CEO Mark Smith at the Mountain Pass rare earth element mine in southeastern California. Photo by Trish Saywell.

Molycorp: A Made-in-America solution

In late October Molycorp (MCP-N) bused journalists from Fortune, Wired, Mother Jones and The Northern Miner, among others, down Interstate 15 from Las Vegas to meet president and chief executive Mark Smith and tour the company’s Mountain Pass…


Cameco sweetens hostile Hathor bid

Cameco (CCO-T, CCJ-N) has raised its all-cash hostile offer for Hathor Exploration (HAT-T) by 20%, from $3.75 per share to $4.50 per share, trumping Rio Tinto’s (RIO-N, RIO-L, RIO-A) friendly $4.15 per share, all-cash bid.



Workers cap a drill hole that encountered artesian conditions at Rodinia Lithium's Salar de Diablillos project in Salta province, Argentina. Photo by Rodinia Lithium

Rodinia shares jump on PEA findings

Shares of Rodinia Lithium (RM-V) surged 42% to close at 30.5¢ on Nov. 8 after the junior exploration and development company released results of a preliminary economic assessment (PEA) of its lithium brine project in northern Argentina’s…


PwC: Exploration spending, costs soar

Exploration spending in the 12 months leading to June 30 increased 115% year-on-year, while total production costs have more than quintupled since 2006, rising more than 23% between 2010 and 2011, consulting firm PwC concludes in its annual…




Bidgood results out ahead of good bid

Shortly before receiving a takeover offer from Osisko Mining (OSK-T), Queenston Mining (QMI-T) released some positive drill results from its Bidgood gold project in Kirkland Lake, Ontario.


Silver Standard slashes Pirquitas’ reserves

Silver Standard Resources (SSO-T, SSRI-Q) hopes it has put an end to lingering troubles at its Pirquitas silver mine in Argentina, with no further plant shutdowns or surprises. The latest surprise was a 52% reduction in the mine’s…


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