Northern Miner Staff

Positive heap leach test results lift Marathon Gold’s shares

The latest results are more favorable than the 59% gold recovery used in a preliminary economic assessment completed in October 2018.

Orvana squeaks out $3m profit in Q2, moves into Argentina

The company recorded net income of $3.3m on $36m in revenue during the past quarter, compared with a net loss of $3.5m on $37m in revenue during the year-ago quarter.

Copper snapshot: Eight companies hunting for the red metal

Here’s a look at eight active juniors with substantial copper assets in their property portfolios.

Monarch investment in Unigold's Dominican Republic project lights up stock

Quebec-focused Monarch Gold is taking a 14.2% stake in Unigold, whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes.

Avesoro boosts reserves at Youga mine in Burkina Faso

The company has increased the mineral reserves at its Youga gold mine by 23% – extending the mine life by an additional four years to 2031.

The Northern Miner nominated for two national journalism awards

Two stories published by The Northern Miner in 2018 have been nominated for the 2019 National Magazine Awards: B2B.

Gold Fields acquires 16% stake in Chakana Copper

One of the largest gold mining companies in the world has taken a shine to Chakana Copper and its Soledad project in Peru.

Minera Alamos attracts new coverage

Haywood Securities has initiated coverage of Minera Alamos with a buy rating and 12-month target price of C$0.40 per share.

First Vanadium extends length at Carlin deposit

The Carlin project is considered the largest, highest grade primary vanadium deposit in North America.

Probe Metals has potential to attract 'acquisition interest', BMO says

The company's stock was up over 7% by Tuesday afternoon.

Aurania Resources receives C$3m loan from chairman, CEO

The chairman and CEO also participated in the company’s rights offering last month.

Canarc's stock jumps on PEA at New Polaris

The study indicates the project could produce 80,000 oz. gold per year over an 8.7 year mine life.

Quebec pension fund boosts share position in Osisko Metals

The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014.

Cupric Canyon secures financing for Khoemacau project in Botswana

A $565m funding package brings Cupric Canyon Capital one step closer to turning its Khoemacau project into a major copper and silver mine in northwestern Botswana.

Aztec identifies 11 porphyry targets at Cervantes

The company intends to complete detailed mapping, rock and soil sampling and possibly IP geophysics to confirm possible drill targets.

BHP Canada makes strategic investment in Midland Exploration

BHP is acquiring 3.44 million units of Midland at $1.70 per unit for $5.9 million.

Fission Uranium tables PFS for Patterson Lake South

The PFS assigns the project a $693m after-tax net present value at an 8% discount rate and a 21% after-tax internal rate of return.

Orocobre and Toyota green light lithium hydroxide plant in Japan

The majority of production will feed the Japanese battery industry and will be sourced from the lithium carbonate produced from Orocobre’s Olaroz mine in Argentina.

Miramont confirms mineralized system at Cerro Hermoso

The company tested Cerro Hermoso’s Central Breccia zone, Stockwork zone and Carbonate Replacement zone.

Lumina extends Gran Bestia in Ecuador

The company has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit,

Iron ore price rally could give BHP, Rio Tinto 30% earnings boost

The supply/demand dynamics benefit Australia’s iron ore miners, according to the latest research by the Macquarie Group.

Para Resources to drill Tr-Ue gold vein in Arizona

The program will begin in May 2019 and explore around the historic United Western and United Eastern gold mines.

Frontier Lithium shows depth at Spark pegmatite

The company recently drilled 1,340 metres across five holes at the Spark pegmatite zone, part of its PAK lithium project in Ontario. All five holes intersected significant spodumene pegmatite.

Walkabout Resources' stock rises as it tees-up Asian off-takers for its graphite

The company has entered its second binding offtake agreement in two weeks, contracting to sell 10,000 tonnes of large and jumbo flake graphite concentrate to a private company in China.

Harte Gold completes feasibility study on Sugar mine

The study demonstrated a post-tax net present value at a 5% discount rate of $266.9 million.