Alio’s Q2 hampered by lower gold grades
Alio Gold (TSX: ALO; NYSE: ALO) reported higher production costs and lower metal revenues in 2018’s second quarter compared to the same quarter in 2017, largely due to complications at…
Articles by Northern Miner Staff
Nevsun’s board recommends shareholders reject Lundin takeover bid
VANCOUVER — Nevsun Resources’ (TSX: NSU; NYSE-AM: NSU) board is unanimously recommending shareholders reject Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) bid to buy all of Nevsun’s shares at $4.75 per share, the…
Rubicon tackles bulk sample at F2 gold deposit
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has begun processing between 25,000 and 30,000 tonnes of mineralized bulk sample taken from the F2 deposit at its Phoenix gold project near Red…
Hecla scores US$12M profit in Q2
Precious metals miner Hecla Mining (NYSE: HL) has posted a second quarter profit of US$11.9 million on sales revenue of US$147.3 million, powered in large part by a significant decline…
Filo upgrades indicated resource at flagship project on Chile-Argentina border
Filo Mining (TSXV: FIL) has substantially increased indicated resources at its 100% owned Filo del Sol copper-gold-silver deposit, located 140 km southeast of the city of Copiapo, Chile, on the Chile-Argentina…
Landore tallies gold resource at Bam north of Thunder Bay
Guernsey, U.K.-based junior Landore Resources (LON-AIM: LND) has tallied a new resource estimate for the Bam gold deposit on its 100%-owned Junior Lake gold property, located 235 km northeast of…
Condor receives La India permit in Nicaragua
Condor Gold (TSX: COG; LON: CNR) has received an environmental permit to build and operate a 2,800 tonnes per day processing plant at its 100% owned La India gold project…
Franco-Nevada teams with oil firm Continental Resources to buy mineral rights
Franco-Nevada (TSX: FNV; NYSE: FNV) and Continental Resources (NYSE: CLR) have struck a strategic relationship to jointly buy mineral rights in the Scoop and Stack oil & gas plays in Oklahoma….
Base Metals Snapshot: Eight companies on the hunt for base metals in the Americas
The rise in base metal prices in 2017 and early 2018 has translated into a lively exploration and development scene amongst companies focused on base metals. Here are eight such…
Equinox Gold’s Aurizona on schedule for late 2018 gold pour
Equinox Gold (TSXV: EQX; US-OTC: EQXGF) continues to advance construction at the Aurizona gold mine in northeastern Brazil, with production set to begin later this year. The project is 60%…
Osisko Royalties ups Q2 cash flow by 40%
Osisko Gold Royalties (TSX: OR; NYSE: OR) reported strong second quarter financials including $19.7 million in cash flow, a 40% increase over the same quarter last year. It also repaid…
US markets hit all-time highs, July 23-27
Spot gold prices fell US$$5.20 over the period at US$1,223.95 per oz. in the face of continued strength in the greenback. The Philadelphia Gold and Silver Index dropped 2.78 points…