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Latest Canadian News - Northwest Territories

[Update] Osisko shuts Malartic mill after fire Osisko Mining (OSK-T) saw its shares initially drop after reporting a fire that broke out at its flagship Canadian Malartic gold operation in Quebec on Wednesday night. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Headline News Date: 2012-05-10 21:02:00

Highgrade over short interval for BonTerra BonTerra Resources (BTR-V) released an eye catching drill result that maybe isn’t as noteworthy as it seems at first blush. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Headline News Date: 2012-05-10 21:01:59

Redhawk Resources adds tonnes at Copper Creek VANCOUVER — Redhawk Resources (RDK-V) has seen a more than 175% increase in the total resource at its Copper Creek copper-molybdenum-silver project in Arizona with a new estimate. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Headline News Date: 2012-05-10 21:01:58

Aurizon lifts Q1 profits Aurizon Mines (ARZ-T, AZK-X) boosts its first-quarter profit by 238% as it maintained production levels and benefited from higher gold prices.  Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Headline News Date: 2012-05-10 21:01:58

Meetings & Events Events Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 21:01:56

Yamana produces more but misses expectations Yamana Gold (YRI-T, AUY-N) reported impressive production-- results but failed to impress the market with its latest financial -results. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 21:01:55

Wallbridge entices PGM miners to Sudbury Wallbridge Mining (WM-T) is locking up deals with big platinum players in a bid to prove up its projects while minimizing shareholder dilution. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 21:01:55

Gold Fields eyes Bear Lake's assets Gold Fields (GFI-N) has signalled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early stage exploration assets, driving shares of the Ontario-focused junior up 50% on April 10. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 21:01:54

Curis an innovator and educator at Florence When it comes to the mining industry’s grand stage, companies are often required to play different roles. The tale is much the same for Hunter Dickinson-backed Curis Resources (CUV-T) in its gambit to develop its Florence in-situ copper... Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 21:01:54

AuRico adds third mine to its portfolio AuRico Gold (AUQ-T) has added another mine to Kirkland Lake’s heritage. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 21:01:53

Metals, Mining and Money Markets SPOT PRICES Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 21:01:52

Allana pumps up potash resource at Dallol Toronto-based explorer Allana Potash (AAA-T) took a step closer to -releasing a bankable feasibility study on its  Dallol potash project in Ethiopia when it released an updated resource estimate to kick off May. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 21:01:52

Fire hurts Osisko shares Osisko Mining (OSK-T) saw its shares drop after reporting a fire at its flagship Canadian Malartic mine on Wednesday night. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Headline News Date: 2012-05-10 13:17:49

Freeport in eye of Indonesia's nationalization storm  The world’s largest, publicly traded copper producer, Phoenix-based Freeport-McMoRan Copper & Gold (FCX-N), is standing tough in the face of simmering labour turmoil and nationalization overtures aimed at its Grasberg... Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:48

More hot water for Baja Mining Without additional funding by mid-June, the advanced-stage Boleo project in Mexico will be suspended, Baja Mining (BAJ-T) has warned shareholders. The announcement comes two weeks after the company declared a 22% increase in funding... Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:47

EDITORIAL: Blood diamond victims get some justice Another sad chapter in Africa’s modern history has come to a close. The former Liberian President Charles Taylor was convicted by the United Nations-backed Special Court for Sierra Leone in The Hague of aiding and abetting war crimes in... Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:46

COMMENTARY: Canadian miners' ability to attract talent takes hit The March 2012 federal budget in Canada sent shockwaves through the nation’s resource sectors when it announced the scheduled phase-out of the overseas employment tax credit (OETC) by 2016. Now, Canadian mining and metals companies... Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:46

El Morro hits a road bump Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the El Morro copper-gold project, an analyst says the project should be shelved until the next decade.  Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:45

B2 Gold shows faith in Calibre B2Gold (BTO)-T will help finance Calibre Mining’s (CXB-V) exploration activities in Nicaragua by purchasing 20 million Calibre units for $5 million in cash. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:44

Moneta Porcupine boosts Golden Highway Just four months after reporting a 3.1-million-oz. gold resource from three open-pit zones at its flagship Golden Highway project 100 km east of Timmins, Moneta Porcupine Mines (ME-T) is back in the news with drill results from a fourth zone... Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:43

Colt hunts gold and tungsten in Portugal Montreal-based junior explorer Colt Resources (GTP-V) has focused on a few different projects since it hit the TSX Venture Exchange last February, but its eye has always been on Portugal. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:43

Nunavut explorers fired up for 2012 Nunavut has been a tough place for gold companies of late, with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay gold project and Agnico-Eagle Mines (AEM-T, AEM-N) cutting years off its new Meadowbank gold mine in the face of cost overruns. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:42

Altan Rio sees potential in Mongolia Having assembled a collection of greenfield copper-gold prospects in Mongolia’s western frontier, Vancouver-based explorer Altan Rio Minerals (AMO-V) is aiming to take the next step forward with a US$2-million drilling campaign in 2012. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Print Edition Date: 2012-05-10 13:17:41

Southern Pacific's McKay: On time and under budget While project costs are escalating for many companies in the oil sands, Southern Pacific Resources (STP-T) maintains that costs for its McKay thermal project in Alberta will move in the opposite direction. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Headline News Date: 2012-05-09 20:49:45

Canadian Natural advances Horizon Canadian Natural Resources (CNQ-T) has big plans for its Horizon oilsands project, located north of Fort McMurray, Alta., in the Athabasca region. Category: News Newspaper: Northern Miner Region: Northern Canada Feed: Headline News Date: 2012-05-09 20:49:44

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