TSX Venture declines, July 23-27
The S&P/TSX Venture Composite Index fell 1% to end the trading week at 707.37. Sokoman Iron shares rose 263% to 15¢ after the company struck gold with the first hole…
Articles by Northern Miner Staff
Asanko Gold sells half of Asanko mine stake to Gold Fields
Asanko Gold (TSX: AKG; NYSE-AM: AKG) has closed a deal to sell half of its 90% stake in the Asanko gold mine in Ghana to Johannesburg-based Gold Fields (JSE: GFI)…
Great Panther Silver readies Coricancha restart
Great Panther Silver (TSX: GPR; NYSE-AM: GPL) is closing in on a restart of the company’s Coricancha mine – a Cordilleran polymetallic ore deposit located 90 km east of Lima,…
Endeavour’s Houndé mine delivers solid first half results
Endeavour Mining (TSE: EDV; US-OTC: EDVMF) has reported strong growth in production, revenue and earnings in its second quarter results. The West Africa-focused gold miner produced 299,000 oz. gold in…
Coeur to acquire Northern Empire in $117M deal
Coeur Mining (NYSE: CDE) is buying Northern Empire Resources (TSXV: NM; US-OTC: PSPGF) and its 143 sq. km Sterling gold project, located 185 km from Las Vegas in the Walker Lane…
Foraco sees revenue rise 25% in Q2
Drilling company Foraco International (TSX: FAR) has just had its strongest quarter since the third quarter of 2014, and says it confirms a positive trend it has observed throughout 2017…
Aquila tables feasibility study for Back Forty in Michigan
Nearly two months after receiving its final environmental permit, Aquila Resources (TSX: AQA; US-OTC: AQARF) has tabled a positive feasibility study for its Back Forty polymetallic project, located 19 km…
Chris Stewart leaving Treasury to join McEwen Mining
Intermediate gold and silver miner McEwen Mining (TSX: MUX; NYSE: MUX) is picking up a new president and chief operating officer in the form of mining engineer Chris Stewart, who…
Austral Gold sees mixed quarter in South America
Sydney, Australia-based Austral Gold (TSXV: AGLD; ASX: AGD) is reporting mixed results in quarterly production from its two precious metals mining complexes: the small Casposo gold-silver mine in Argentina; and…
McEwen increases gold production in Q2
McEwen Mining (TSX: MUX; NYSE: MUX) has reported strong second quarter financial and production results, largely building on last year’s results. The company produced 36,959 oz. gold in the second…
Orford buys Condor Precious Metals, bags $1.3 million
Toronto-based gold junior Orford Mining (TSX-V: ORM) has completed its acquisition of privately held Condor Precious Metals Inc., which holds $1.25 million in cash and marketable securities plus two royalties…
BHP exits US shale business with US$10.5B sale to BP
In a deal with deep implications for both seller and buyer, the world’s largest mining company BHP Billiton (NYSE: BHP) has sold the bulk of its onshore U.S. oil and gas…