Mining Execs More Optimistic
— The following are the latest findings of the Mining Recruitment Group’s survey of more than 70 mining executives that was distributed and completed during the first week of August 2009. This survey…
Articles by Northern Miner Staff
People (October 12, 2009)
Colossus Minerals — Randy Reichert appointed president and COO; Vic Wall has resigned as president but becomes VP of exploartion; Augusto Kishida has resigned as VP of exploration but becomes VP of b…
U.S. Markets – SEPT. 29 -OCT. 5
The Sept. 29-Oct. 5 reporting period continued to post red flags as the key U. S. market indicators declined for the second week in a row.
Toronto Stock Exchange – SEPT. 29 -OCT. 5
The S&P/TSX composite index fell 2% over the Sept. 29-Oct. 5 reporting period, shedding 236.1 points to close at 11,102.62. This sudden dip came after some of the strongest quarterly advances the …
Dividends (October 12, 2009)
Note:Vale will pay $0.4795 for common and prf class A shares on Oct 30. Alcoa will pay US93.75 cents per share on its US$3.75 cmltv prf stk payable Jan 1, record close Dec 11.
How Minefinders Lived Up To Its Name
About 15 years ago, Mark Bailey, then a consulting geologist for Minefinders (MFL-T, MFN-X), walked away from the company and its grassroots La Bolsa silver-gold project in northern Sonora, Mexico, because he felt management was more concerned…
Starcore Boosts San Martin Reserves, Weathers Financial Woes
VANCOUVER — Starcore International Mines (SAM-T, SHVLF-O) has increased reserves at its San Martin mine in Queretaro state, Mexico.The high-grade underground operation can now claim proven and probable reserves totalling 763,000 tonnes…
Klondex And Paramount Dig In Their Heels
The friendly days are long over between Klondex Mines (KDX-T, KLNDF-O) and Paramount Gold and Silver (PZG-T, PZG-X).Only a few months ago, Paramount was playing the white knight to Klondex, after that company was the target of a hostile bid…
Esperanza Sizes Up Jumil
Esperanza Silver’s (EPZ-V, ESPZF-O) 100%-owned Cerro Jumil project, an advanced open-pit heap-leach gold project south of Cuernavaca in Mexico’s Morelos state, should yield a pretax net present value (NPV) of about US$46.7 million and an…
Mag Finds Moly At Cinco De Mayo And Scopes Potential At Valdecanas
VANCOUVER–A hostile, and eventually failed, takeover bid from its joint-venture partner Fresnillo (FNLPF-O, FRES-L) in late 2008 is still having ramifications for Mag Silver (MAG-T, MVG-X).To demonstrate the value of its exploration…
Timmins Gold Ramping Up At San Francisco Gold Mine
Timmins Gold (TMM-V, TMGOF-O) is ramping up to full production at its San Francisco heap-leach gold project in Sonora, Mexico.The first gold pour is expected in January and already, the company has been piling crushed ore on the heap-leach…
Golden Goliath Defines Las Bolas Resource
After drilling just 1,554 metres, Golden Goliath Resources (GNG-V, GGTHF-O) has come out with an initial resource estimate for its Las Bolas silver-gold property in Chihuahua state, Mexico, which is chock full of many past-producing gold and…