Exeter pulls long gold intercepts at Caspiche (May 25, 2010)
Vancouver – Exeter Resource (XRC-T, XRA-X, EXB-F) has cut very long gold intercepts that expand the main miner…
Articles by Northern Miner Staff
Cliffs goes after majority stake in Big Daddy
Cliffs Natural Resources (CLF-N) has made separate but similar cash offers to acquire KWG Resources (KWG-V) an…
East Asia Minerals extends Miwah Main zone to the West
Drilling at the Miwah project in Indonesia’s Aceh province in northern Sumatra has extended gold mineralizatio…
Western Copper permit denial raises questions about Yukon’s permitting process
VANCOUVER–The Carmacks copper project in the Yukon looked primed for development, with owner Western Copper (WRN-T) awaiting just one permit. But now that permit has been denied, after the territoria…
Canadian coal juniors gear up in the US
Recently, five Canadian coal juniors have acquired coal properties in the United States or are ramping up development work there.
Taseko gets US$350M to finance Prosperity
VANCOUVER — Taseko Mines (TKO-T, TGB-X) has signed a gold-stream agreement with Franco- Nevada (FNV-T) that will help finance the development of the junior’s Prosperity gold-copper project near Willi…
Lihir agrees to improved Newcrest offer (May 24, 2010)
Papua New Guinea-focused Lihir Gold (LGG-T, LGL-A, LIHR-Q) has agreed to be acquired by Newcrest Mining (NCM-A), which has projects in Australia, in a deal that values the former at A$9.5 billion.
Philippine Metals blazes trail on Luzon
You could say Philippine Metals (PHI-V) has Bre-X Minerals to thank for its good fortune.The chill in mining exploration that swept Southeast Asia in the aftermath of the Bre-X scandal shuttered the offices of many majors active in the…
New challenge for Chile’s ‘Copper Man’ (May 24, 2010)
SANTIAGO, CHILE — It was no surprise that they wanted him but few expected him to accept. Especially given the huge paycut he will have to take.On April 20, Chile’s state-owned copper giant Codelco announced that its board of directors had…
Lundin’s Q1 results miss market expectations
Despite coming a long way in a year’s time, Lundin Mining’s (LUN-T) first quarter financial results failed to rally market support.While Lundin earned US$38 million or 7¢ a share in the first quarter — compared to a loss of US$8.6…
Quaterra confirms Nieves silver, gets Goldcorp backing
VANCOUVER — Quaterra Resources (QTA-V, QMM-X) has hit high-grade silver at its 50%- owned Nieves project in Mexico’s Zacatecas state through infill drilling designed to shore-up an initial resource e…
Major resource increase for Majestic’s Song Jiaguo
Majestic Gold (MJS-V) has more than doubled indicated resources at its Song Jiaguo gold project in Shandong province, China.