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Latest Northgate Minerals Corporation Stories

2011-06-24 07:59:00

Underground Mine Optimization to Proceed VANCOUVER, June 24, 2011 /PRNewswire/ - (All figures in US dollars except where noted) Northgate Minerals Corporation (TSX: NGX, NYSE-Amex: NXG) is pleased to provide an update on the progress of building its 100% owned Young-Davidson mine located near the town of Matachewan, in northern Ontario. Highlights Construction Activities » The project remains on schedule and on budget: - at...

2011-06-23 07:02:00

VANCOUVER, June 23, 2011 /PRNewswire/ - Northgate Minerals Corporation ("Northgate") (TSX: NGX, NYSE-Amex: NXG) is pleased to announce the mobilization of a diamond drill rig program to the Awakening Gold Project in Humboldt County, Nevada. The Awakening Gold Project consists of 432 claims (approximately 35.9 square kilometres ("km(2)") or 13.9 square miles) and is located 50 km northwest of Winnemucca, Nevada, on the northwest flank of the Slumbering Hills. The property covers...

2011-06-07 17:28:00

Hole YD11-234B Intersects One of the Best Intervals Ever Drilled on the Property TORONTO, June 7, 2011 /PRNewswire/ - Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) is pleased to report that Hole YD11-234B in the YD West zone intersected 4.31 grams per tonne (g/t) gold over 79.6 metres (m) (estimated true thickness is 55.0 m), including 5.66 g/t over 49.9 m. The YD West zone is a newly discovered zone, just west of the currently known reserves at Young-Davidson...

2011-05-26 18:47:00

Results Show Potential for Higher "As Mined" Grade from the Underground VANCOUVER, May 26, 2011 /PRNewswire/ - Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) is pleased to announce results from a highly successful underground delineation drill program at its 100% owned Young-Davidson Mining Project located in northern Ontario. Delineation drilling was initiated to define the stope limits for underground mining within the Upper Boundary Zone ("UBZ"). Results from the...

2011-05-20 15:20:00

VANCOUVER, May 20 /PRNewswire/ - Matachewan Consolidated Mines, Limited ("MCM")(TSX-V: MCM.A) announces the sale effective May 12, 2011, to Northgate Minerals Corporation ("Northgate") (TSX:NGX, NYSE-Amex: NXG) of its former producing gold property located in the Matachewan Gold Camp, 50 miles southeast of Timmins, Ontario. The property consists of 24 mining leases in Powell and Cairo townships, Larder Lake Mining Division, Ontario, which prior to the sale had been optioned to Northgate as...

2011-05-10 06:03:00

VANCOUVER, May 10 /PRNewswire-FirstCall/ - Northgate Minerals Corporation ("Northgate" or the "Company") (TSX: NGX) (NYSE Amex: NXG) today announced that its President and Chief Executive Officer (CEO), Ken Stowe, intends to retire on the appointment of his successor.  Mr. Stowe joined Northgate in 1999 and has been CEO since 2001. Mr. Stowe shared his retirement plans now to provide ample time to complete the recruitment and hiring process. A search will be conducted with the...

2011-05-10 06:02:00

Strong Cash Flow from Operations of $40.1 Million Notice: Conference Call and Webcast of Annual General Meeting and Q1 Results Today at 10:00 am ET Dial in: +647-427-7450 or 1-888-231-8191 VANCOUVER, May 10 /PRNewswire-FirstCall/ - (All figures in US dollars except where noted) - Northgate Minerals Corporation ("Northgate" or the "Corporation") (TSX: NGX) (NYSE Amex: NXG) today announced its financial and operating results for the three months ended March 31, 2011 in accordance...

2011-03-09 07:41:00

HONG KONG, March 9 /PRNewswire/ - Today, www.WorldStreetFundamentals.com released its industry report highlighting resource miners Northgate Minerals Corporation (TSX:NGX)(NYSE Amex:NXG) and New Gold Inc. (TSX:NGD)(NYSE Amex:NGD). Current state of affairs, monetary policy, and worries of inflation is stimulating investor interest in companies backed by precious and industrial metals. Investors from around the world are invited to view fundamental and technical analysis at...

2011-03-08 06:04:00

Adjusted Net Earnings of $17.2 Million Notice: Conference Call and Webcast Today at 10:00 am ET Dial in: +647-427-7450 or 1-888-231-8191 VANCOUVER, March 8 /PRNewswire-FirstCall/ - (All figures in US dollars except where noted) - Northgate Minerals Corporation ("Northgate" or the "Corporation") (TSX: NGX) (NYSE Amex: NXG) today announced its financial and operating results for the fourth quarter and year ended December 31,...

2011-02-28 06:04:00

NGX - TSX NXG - NYSE AMEX VANCOUVER, Feb. 28 /PRNewswire/ - (All figures in US dollars) Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) today reported the sale of its entire portfolio of auction rate securities ("ARS") for total consideration of approximately $40.9 million. Northgate had previously estimated the fair market value of its ARS at approximately $36.6 million. The proceeds from the sale were used to repay, in full, the outstanding balance of the loan,...