Articles by Northern Miner Staff

Commodities strong but TSX flat

The commodities sector asserted its strength over the April 4-8 period but failed to take the heavily resource weighted TSX Composite Index along for the ride. The Index was off, if only mildly, 4 points for the period, finishing at 14,208.43…



Positive PEA pumps Prodigy (April 11, 2011)

Junior explorer Prodigy Gold (PDG-V) got a warm reception on the market after releasing a positive preliminary economic assessment (PEA) for its Magino gold project in northern Ontario.


Silver was U.S. market darling, Apr. 4-8

Twenty companies on the New York Stock Exchange reached new 52-week highs, while none fell to new 52-week lows, during the Apr. 4-8 trading week. The Dow Jones Industrial Average inched up 3.33 points or 0.03% to close at 12,380.05, while the…



Mirabela raising US$375M

Australia-based Mirabela Nickel (MNB-T, MBN-A) plans to raise US$375 million in senior notes to pay debt, end its hedges and continue ramping up its sizable Santa Rita nickel mine in eastern Brazil.


Drillers exploring International Northair Mines' La Cigarra silver project in north-central Mexico. Photo by International Northair Mines

Northair expands drill program after Mexican silver hits

International Northair Mines (INM-V) is exp-anding a drill program at its La Cigarra silver project in north-central Mexico by 3,000 metres after intersecting 80 metres of 123.5 grams silver per tonne in February. The program will target a 3-km…


Drillers at Oremex Resources' San Lucas polymetallic project in Durango state, Mexico. Photo by Oremex Resources

Oremex built to ride the silver wave

Having one of the most heralded silver bulls in your corner doesn’t hurt when you’re looking to become the next significant silver miner in Mexico. 



Contractor United Mining to build mine

Vancouver – Nestled between two major past producers in one of the world’s great silver districts, United Mining Group (UMG-T) sees big potential for the historic Crescent silver mine in Idaho’s Silver Valley.


Augusta Resource's Rosemont copper-silver project in Arizona, one of Silver Wheaton's silver streams. Photo by Augusta Resource

Silver Wheaton boosts reserves 9% (April 11, 2011)

The timing of Silver Wheaton’s (SLW-T, SLW-N) announcement on March 23 that it had boosted attributable reserves more than 9% in 2010 couldn’t have been better, as silver hit a fresh 31-year peak in futures markets on that day, with silver…


Pan American’s best year

Pan American Silver’s (PAA-T, PAAS-Q) seven operating mines in Mexico, Peru, Argentina and Bolivia churned out a total of 24.3 million oz. of silver in 2010, a year-on-year rise of 5%, leaving the company with more than US$360 million in the…


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