Sabina finding deeper mineralization at Goose claims
Sabina Gold & Silver (SBB-T) continues to churn out drill results as it works towards resource updates and a scoping study for its Back River project in Nunavut.
News
Canadian Mining Hall of Fame to honour five new inductees
The Canadian Mining Hall of Fame, of which The Northern Miner is a sponsor, will welcome five new inductees at its twenty-fourth annual induction dinner on Jan. 12, 2012, at the Fairmont Royal York Hotel in Toronto. The new inductees are Ned…
Market news
Toronto Stock Exchange
A different kind of Nevada for Meadow Bay
The low gold prices of the mid-1980s forced the Atlanta mine in northeastern Nevada to close down. But remnants of the old mine still remain.
Hard Creek’s new Turnagain PEA cuts capex by $1.6B
Vancouver – Metallurgical advancements have led Hard Creek Nickel (HNC-T) to release a new preliminary economic assessment (PEA) for its flagship Turnagain nickel project in northwestern British Columbia. Despite the PEA being the company’s…
Boss Power wins $30M settlement from BC Government
Vancouver – Boss Power (BPU-V) has made $30-million from a uranium prospect without drilling a single hole.
Panoro’s big dreams for Cotabambas
Vancouver -In the northern reaches of south-central Peru’s Andahuaylas-Yauri belt, 50 km southwest of Cusco, three drill rigs are turning at Panoro Minerals’ (PML-V) Cotabambas copper-gold-porphyry project, where the company hopes to delineate…
ATAC reveals a Tiger but the market waits for Nadaleen
ATAC Resources (ATC-V) has submitted a maiden resource estimate, and while it doesn’t come from the zone that investors are most interested in, it still shows a promising deposit. The resource estimate comes out of the Tiger deposit, which sits…
Agnico-Eagle shuts down and writes off Goldex mine
Vancouver – In a significant blow to its bottom line, Agnico-Eagle Mines (AEM-T, AEM-N) has been forced to indefinitely shut down and write off its Goldex gold mine in Val d’Or Quebec due to the instability of the mine.
Short Position Report
TSX Short Positions Short positions outstanding at Oct. 15/11 (with changes from Sept….
Patagonia Gold digs into southern Argentina
Goldcorp.’s (G-T, GG-N) $3.6 billion acquisition last year of Andean Resources and its Cerro Negro deposit in Santa Cruz province may have showcased Argentina as a key gold producing region. But Patagonia Gold (PGD-L) had been working in the…
Carpathian hit with construction stoppage in Brazil
Vancouver – Carpathian Gold (CPN-T) has been forced to abruptly halt construction at its Riacho dos Machados gold project on environmental grounds barely a month after the Brazilian government approved the project.