Probe closes $41.6M land deal at Borden
December was a great month for Probe Mines (TSXV: PRB; US-OTC: PROBF) president and CEO David Palmer.
Canada
Sherritt surges as Obama ends US isolation of Cuba
U.S. President Barack Obama’s call for a “new approach” in the U.S. government’s relationship with Cuba, including the establishment of diplomatic relations and an easing of economic and travel restrictions, has lifted…
Letter to the Editor: Tough to turn a profit at San Antonio
From April 1941 to June 1968, my late father Cliff Gibson was chief geologist at the San Antonio gold mine in Bissett, Man. Every year it made money and paid a dividend.
Dundee: Gold miners continue to wrestle with costs
VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Falling metal prices and frugal capital markets have made it hard to balance sustainable production growth and strong profit margins. In…
Cash preservation is the name of the game at Alderon
With iron ore prices off 49% year-on-year at US$71 per tonne, Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) says it has no choice but to start a “comprehensive” cash preservation program.
AME BC announces 2014 award winners
The Association for Mineral Exploration British Columbia (AME BC) has announced the recipients of its annual awards for 2014.
Thompson Creek shutters Endako
VANCOUVER — Rough commodity markets are forcing miners to make tough decisions, and Colorado-based Thompson Creek Metals (TSX: TCM; NYSE: TC) is the most recent operator driven to place a struggling asset on temporary care and maintenance…
TSX Venture hits new low, Dec. 8-12
The S&P/TSX Venture Composite Index finished in the red after losing 6.9%, or 48.21 points, en route to a 653.78-point weekly close. Energy stocks floundered during a freefall in crude oil prices, as the International Energy Agency slashed…
Editorial: More Tsilhqot’in fallout in BC
One recent resource development story in B.C. shows how the ground rules for project developers are changing forever in the province after the Supreme Court of Canada’s precedent-setting Tsilhqot’in decision in June and Imperial…
Editorial: Friendly Manitoba, slow Manitoba
One of the hottest topics on the sidelines of the recent Manitoba Mining and Minerals Convention in Winnipeg was the provincial lawsuit launched by two prospectors against the Manitoba government for allegedly failing in its “duty to consult”…
Editorial: Dick Pearce (1921-2014)
We bid a sad farewell this week to Dick Pearce, former owner of The Northern Miner, who died on Dec. 7 at age 93 (see his obituary as an attached pdf document, as it appears on Page 3 of our Dec. 15 issue). In this age…
Rubicon, Wabauskang First Nation reach settlement at Phoenix
As it nears first production at its Phoenix gold mine, in Red Lake, Ont., Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) has gained the support of a small First Nation band that has argued that its treaty rights to be consulted about the…