Articles by Northern Miner Staff


Job losses drive down TSX, July 7-11

Poor jobs data showing that Canada lost 9,400 jobs in June, sending the unemployment rate up to 7.1% from 7% in May, put pressure on the Canadian dollar and the S&P/TSX Composite Index. The dollar ended the week at $1.0734 to the greenback,…


Geologist Chuck Fipke.

Fipke sells Ekati stakes to Dominion

VANCOUVER — More than two decades after his prospecting efforts kicked off a diamond rush in Canada’s Northwest Territories, Chuck Fipke is cashing in his chips.


Construction at the Pimenton mine in Chile. In the second quarter of 2014, Pimenton produced 2,643 ounces of gold, up from 2,558 ounces of gold in the first quarter of the year, while cash costs fell from US$919 per oz. to US$778 per oz. Credit: Cerro Grande Mining

Cerro Grande cuts costs at Pimenton

At the end of January, the Toronto Stock Exchange launched a delisting review of Cerro Grande Mining (TSX: CEG; US-OTC: CEGMF) to determine whether the junior could keep a $2-million market value for 30 straight trading days.



Senior project geologist Hector Canales Lancho (left) inspects core at Focus Ventures' Bayovar 12 phosphate project in northern Peru. Credit: Focus Ventures

Focus aims for phosphate resource at Bayovar 12 in Q3

Focus Ventures’ (TSXV: FCV) Bayovar 12 phosphate project in northern Peru is shaping up quickly: the junior expects to release a maiden resource estimate in the third quarter, less than six months after announcing its first drill results…


Tuzo Deep runs deeper, Mountain Province says

Two years ago, drilling at the Gahcho Kué project owned by De Beers Canada and Mountain Province Diamonds (TSX: MPV; NYSE-MKT: MDM) confirmed that the Tuzo Deep diamond-bearing kimberlite deposit was open at a depth below 564 metres….




Processing facilities at Cliffs Natural Resources' Pinnacle coal mine in Pineville, West Virginia. Credit: Cliffs Natural Resources

Cliffs may idle Pinnacle coal mine

Cliffs Natural Resources (NYSE: CLF) is warning that it may temporarily idle its Pinnacle coal mine in Pineville, W.Va., if market conditions do not improve.



Desjardins analyst cuts target price on New Millennium

Jackie Przybylowski, an analyst at Desjardins Capital Markets, has axed her price target on New Millennium Iron to 40¢ from 70¢ previously, noting the company’s management hinted at possible financing needs and delays in its…


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