Volume 97 Number 46 Jan 2 - 8, 2012

Xstrata works to expand Canadian footprint

After a decade of expansion through mergers and acquisitions, diversified Swiss miner Xstrata (XTA-L) is turning to organic growth to provide its next generation of mines and to increase production through the expansion of others.


A miner working underground at European Goldfields' Olympias polymetallic project in Greece. Photo by European Goldfields

Eldorado’s big fat offer for European Goldfields

Eldorado Gold’s (ELD-T, EGO-N) proposed acquisition of European Goldfields (EGU-T, EGU-L) will enable increased gold production from 650,000 oz. in 2011 to over 1.4 million oz. by 2014 – or a rate of 30% on an annualized basis – the company’s…


Patagonia Gold debuts on TSX

With the backing of one of Argentina’s biggest industrialists and plans to generate free cash flow in the South American country by 2013, Patagonia Gold (PAT-T, PGD-L) and its recent listing on the Toronto Stock Exchange could generate interest…


Thompson Creek raises $270M with gold stream sale

Thompson Creek Metals (TCM-T, TC-N) has pre-sold another chunk of future gold production from its Mt. Milligan copper-gold project in B.C. to Royal Gold (RGL-T, RGLD-Q) in the face of a softened molybdenum market and two mines under…


The road to the exploration camp at First Point Minerals' Decar nickel-iron alloy project in central British Columbia. Photo by Matthew Allan

First Point’s Decar takes shape

First Point Minerals (FPX-V) has released encouraging assays from the first nine of 36 holes from the 2011 drill program at its flagship Decar nickel-iron alloy project in central B.C.



Brigus grows Black Fox

Brigus Gold (BRD-T, BRD-X) has added to its gold resource at the Black Fox complex in Timmins, Ont., and reported an initial resource estimate exceeding half a million oz. gold for its 147 and Contact zones. 


Ross Beaty, the Northern Miner's  2011 Mining Person of the Year.

2011 Mining Person of the Year: Ross Beaty

Walter Gretzky famously advised his son Wayne to “skate where the puck’s going, not where it’s been.” In the mining industry today, there’s no better exemplar of someone living that kind of wisdom than entrepreneur Ross Beaty, our selection as…



Africa’s improving legislative environment

Today more than ever before, there is a growing emphasis across many African countries on accountability and transparency concerning their natural resources. Alongside this, however, is the unpredictable and growing trend of resource…


People

Arianne Resources – Lucie Hébert resigned as CFO; Luc Boivin appointed interim CFO.


Drillers at work at Western Lithium's Kings Valley lithium project in Humboldt County, Nevada. Photo by Western Lithium

Western Lithium completes prefeasibility on Kings Valley

Jay Chmelauskas bought his 100%-electric Nissan Leaf about a month ago and charges its battery at one of two charging stations across the street from the Pan Pacific Hotel in downtown Vancouver. The car gets him around town and his family to…


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