DAILY METAL PRICES (April 12, 2010)
Date Apr. 5 Apr. 2 Apr. 1 Mar. 31 Mar. 30 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday Holiday 2120/2145 2105/2135 2065/2120 Alu…
Articles by Northern Miner Staff
INTERNATIONAL QUOTES (April 12, 2010)
Australia (A$) Apr 6 Mar 30 Change Aquila Resources 10.89 10.65 0.24 Bendigo Mining 0.23 0.23 0.00 Centennial Coal 4.37 4.13 0.24 Fortescue Res 5.04 4.96 0.08 Iluka R…
Ecometals stock price drop with poor drill results
VANCOUVER — The past nine months have been a bumpy ride for Ecometals (EC-V): its share price has gone from 10¢ up to $1.34 and then down to 35¢.
Hard Creek’s Turnagain pricey but profitable
VANCOUVER — Hard Creek Nickel (HNC-T) sizable Turnagain nickel-cobalt deposit in northwest British Columbia could support a large, open-pit mine producing 77 million lbs. nickel a year, according to …
US Gold’s new El Gallo silver discovery in Mexico
SITE VISIT EL GALLO, MEXICO — US Gold (UXG-T, UXG-X) is wasting neither time nor money advancing its El Gallo high-grade silver project in Sinaloa state’s Magistral district.The company, which is 21%- owned by chairman and CEO Rob McEwen,…
Coro makes slow-but-steady progress in Argentina (April 12, 2010)
VANCOUVER — With two early-stage properties in Chile and a proposed mine in Argentina that is almost through a rigorous environmental permitting process, things are looking up for Coro Mining (COP-T).Coro’s main focus is the San Jorge…
Ivanhoe to develop gold producer in Central Asia
Robert Friedland, executive chairman of Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), is channeling his energy into developing a pure gold company in the former Soviet republic of Kazakhstan, and says he is in…
Farallon reports strong production, but still in red
VANCOUVER — Farallon Mining (FAN-T) made the shift to producer in 2009 but has not quite made the move to profitability.
Editorial: Grim time for US coal miners
As we go to press, the worst mining disaster in the U.S. or Canada in more than two decades has just occurred at Massey Energy’s Upper Big Branch underground metallurgical coal mine in Montcoal, W. Va…
Chinese demand drives boron industry: Roskill
In the thirteenth century Marco Polo brought borax glazes, a compound of boron from his travels in Asia back with him to Italy. Eight hundred years later, demand continues to seesaw between the East a…
Wardrop, its clients raise funds for Mining Matters
Sentimentality can run strong in the mining industry, where some mines can employ several generations of a family.
Gammon lawsuit to proceed
An Ontario court has certified an $80-million class-action lawsuit launched against Gammon Gold (GAM-T, GRS-N) and three financial institutions, but has ruled out certain parties’ from the class actio…