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Highlights from Precious Metals Summit, Part I

Over the next to days The Northern Miner will look back at some of the stand-out presentations from the Precious Metals Summit, which took place in Vail, Colorado in mid-September. Today’s segment will look at presentations made by the chief…


Mongolian MPs post hostile letter about OT

In an open letter to Rio Tinto (RIO-N, RIO-L) published yesterday on Mongolian website medee.nn, a group of twenty parliamentarians in Mongolia reportedly accused the government of breaking the law when it concluded an investment agreement (IA)…


Rio revisits Saskatchewan’s potash scene

Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009 to help pay off its debt during the 2008-09 recession.



Allana Potash adopts shareholder rights plan

In an effort to discourage any unsolicited and unfair takeover bids Allana Potash (AAA-T, ALLRF-O) announced yesterday that it is adopting a shareholder rights plan. But the company emphasized that while it is in talks with various strategic…



A Mutiny at Gullewa

The Gullewa project in Western Australia has attracted some interest of late both for its high grade gold, silver and copper mineralization and for the wheeling and dealing being done around it. The project had, just a short time ago, been the…


Mandalay looks for discounted properties

The strategy at gold and antimony producer Mandalay Resources (MND-T) is to find assets that can generate enough cash to grow themselves as well as fund the next acquisition.  So far, that strategy appears to be working at the…



Central Iron Ore expands gold tenements in Western Australia

Central Iron Ore’s (CIO-V) primary focus may be the magnetite and direct shipping ore it believes exists under its 652 sq. kilometres of tenements in the Yilgarn iron ore province of Western Australia, but the junior is also busy exploring…


Gold miners keep the faith at Denver Gold Forum

Ten years ago, when gold’s bull run was just beginning, the sessions at the Denver Gold Forum were “a lot like going to church,” Franco-Nevada (FNV-T) president and CEO David Harquail said at a presentation at this year’s show.


The head frame and hoist room at Iamgold's Niobec niobium mine in Quebec, 200 km north of Quebec City. Photo by Iamgold

Niobec stake could be cash cow for Iamgold

Iamgold (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10% to 20% of its Niobec niobium mine in the near term, but the recent sale of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set tongues…


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