Alderon reaches deal with Labrador City
Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) is further down the road in its quest to build the Kami iron mine in the Labrador Trough.
Canada
Casablanca urges Cliffs to spin off international assets
Shares in Cleveland-based Cliffs Natural Resources (NYSE: CLF) have been trading heavily since activist hedge-fund Casablanca Capital urged the company to spin off its international assets and implement other changes to boost…
Northwest Territories’ latest ‘devolution’ becoming a reality
VANCOUVER — After 12 years of lobbying, planning and negotiating, the Northwest Territories (NWT) government will soon take over responsibility from the federal government for managing the territory’s lands, water and resources.
Osisko-Goldcorp battle turns bitter
VANCOUVER — How quickly relationships between potential partners can sour.
Editorial: Budget 2014 – Flow-through still flowin’
The steady-as-she goes federal budget tabled by the Conservative government on Feb. 11 drew praise from Canada’s business community, which was satisfied by the status quo being maintained on taxes, and the unofficial achievement of a…
New Gold finishes 2013 strong on back of New Afton
VANCOUVER — It’s been a rough ride for precious metal producers over the past twelve months, but New Gold (TSX: NGD; NYSE-MKT: NGD) executive chairman Randall Oliphant counselled investors to focus on gold’s upside during a presentation…
Interview: BC Minister of Mines Bill Bennett at Roundup
VANCOUVER — Following B.C. Premier Christy Clark’s opening address at the Association for Mineral Exploration British Columbia’s (AME BC) annual Roundup conference, The Northern Miner had an opportunity to sit down with…
Toronto Stock Exchange, Jan. 27-31
The Canadian market fell slightly during the week after the latest move by the U.S. Federal Reserve to cut its stimulus program by another US$10 billion per month, given signs of improvement in the U.S. economy.
TSX Venture Exchange, Jan. 27-31
The S&P/TSX Venture Composite Index took a step back for the second straight week, falling 1.7%, or 15.99 points, before closing the trading period at 951.32 points. Emerging markets and China’s increasing credit risk were concerns…
Detour expects lower 2014 cash costs
Detour Gold (TSX: DGC; US-OTC: DRGDF) estimates production this year to double and cash costs to improve at its Detour Lake gold mine in northeastern Ontario.
Mark O’Dea’s ‘science of discovery’ at Roundup
VANCOUVER — Over the past decade Mark O’Dea has become one of the strongest members of a new generation of explorers bent on making discoveries and running public mining companies the “right” way.
PotashCorp’s Q4 earnings fall 46%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has posted a 46% drop in its fourth-quarter 2013 earnings and a weaker-than-expected 2014 guidance, as tough market conditions linger for crop nutrients.