Articles by Northern Miner Staff

Peregrine Metals’ shares spike on acquisition news

Peregrine Metals (pgm-t) saw its shares surge more than 250% after U.S. platinum giant Stillwater Mining (swc-n) agreed to pay US$487.1 million for the junior and its large, yet undeveloped copper-gold project in Argentina.



Venture finds gains despite the gloom

Vancouver – Shrugging off poor job numbers from the United States and worries of a spreading debt crisis in Europe, the S&P TSX Venture Exchange Index managed its best period in months between July 4 and 8. The index ended up 80.63 points…



Modest gains for TSX over July 4-8 period

The TSX Composite Index rose a modest 56 points for the July 4-8 period as upward momentum was cut short by concerns about the strength of the global economic recovery due to higher energy prices and continued worries over both European and US…


Market unimpressed with Rubicon’s PEA for F2

Rubicon Minerals (RMX-T, RBY-X) fell $1.12, or 23.9%, to close at $3.56 per share with more than 4 million shares traded in Toronto after the company released a preliminary economic assessment (PEA) of its 100%-owned F2 gold system, part of its…


Bear Creek loses Santa Ana

Already hit by a retreat in the silver price, a leftist presidential victory, and rumblings of local discontent, Bear Creek Mining (BCM-V) was broadsided on June 25 by the Peruvian government’s decision to revoke the licence for its Santa Ana…


First Quantum contemplates smelter

With concerns mounting about Zambia’s maxed-out smelting capacity, First Quantum Minerals (FM-T, FQM-L) is evaluating whether the time has come to build and operate a copper smelter. A decision will be made later this year.



Positive scoping study for Vaaldiam’s B3

Brazil-focused Vaaldiam Mining (VAA-T) has released a scoping study for its Braüna JV, in Bahia state, that estimates it would cost US$25 million to build a mine that would produce a total of 573,000 carats over a five-year mine life.



Diavik diamonds. Photo by Harry Winston Diamonds

Lustre returns to Harry Winston

A look at Harry Winston Diamond’s (HW-T, HWD-N) recent financials shows the tale of rising demand for diamonds. Both the company’s luxury retail side and its mining side, strongly rebounded last year.


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