Oban Mining Corporation

A drill rig in 2010 at Northern Gold's Golden Bear gold project in northeastern Ontario. Credit: Northern Gold

Oban Mining to pick up Northern Gold

Northern Gold Mining (TSXV: NGM) is the fourth junior this year to sign a business combination agreement with Oban Mining (TSX: OBM), joining Eagle Hill, Ryan Gold and Corona Gold, which consolidated their properties in Ontario and Quebec under…

TSX slumps, June 8-12

Renewed concerns over a potential Greek debt default and its effect on the euro pushed down Canada’s benchmark index. The S&P/TSX Composite Index fell 1.4% to 14,741.15. The S&P/TSX Global Gold Index dropped 3.2% to end at 154.27…

Workers at Torex Gold's core shack at the El Limon Guajes project in Mexico. Credit: Torex Gold

Kidnappings highlight miners’ security risks

In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…

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