Quebec Gov’t Greenlights Osisko’s Canadian Malartic
SITE VISIT MALARTIC, QUE. — Osisko Mining (OSK-T, OSKFF-O) has jumped another big hurdle in the rapid development of its wholly owned, $1-billion Canadian Malartic gold project in Malartic, Que.,…
Articles by Northern Miner Staff
Constantine Hits Big With Stepouts At Palmer Project
VANCOUVER — Solid drill results kept Constantine Metal Resources (CEM-V, CNSNF-O) afloat on a day when investors decided to pummel the mining sector: drill results from the Palmer project in Alaska k…
Augusta Raises $29M
VANCOUVER — Slowly but surely, Augusta Resources (AZC-T, AZC-X) is pulling together the funds and permits it needs to start building a mine at its Rosemont copper-molybdenum project in Arizona.
Snowfield Produces New Gold Zone For Silver Standard
VANCOUVER — At the Snowfield project, Silver Standard Resources (SSO-T, SSRI-Q) is mobilizing drill rigs around a discovery hole that produced a lengthy intercept of gold mineralization at a target w…
US Budget Deficits Spiral Out Of Control
The 33rd trading week of the year was a good time to sit back and take in the big picture, especially with respect to the U. S. dollar’s slow-motion train wreck and its effect on gold.
People (August 31, 2009)
Anfield Nickel — Aziz Shariff has resigned as chairman but remains a director; David Strang appointed chairman; Marshall Koval appointed president and CEO; Sandra Lim appointed CFO; Andrew Carstensen…
Tight Scrap To Support Metals, Says Bank Of America
Less scrap metal due to faltering industrial production last year will contribute to a declining surplus in the refined copper market in 2010, while stainless steel mills are likely to use more refine…
Ecuador’s State Mining Company Now Official
VANCOUVER — The Ecuadorian government has signed an official decree creating a state mining company.
U.S. Markets Aug. 18-24
The market continued its bumpy roller-coaster ride during the Aug. 18-24 session. A major sell-off during the previous trading period was more than offset by a four-day rally that drove the Dow Jones …
Toronto Stock Exchange Aug. 18-24
After giving investors a scare, the S&P/TSX composite index showed resilience once again, finishing the Aug. 18-24 reporting period roughly 200 points higher at 10,789.97.
TSX Venture Exchange Aug. 18-24
Without a doubt, the S&P/TSX Venture composite index had a strong showing during the Aug. 18-24 reporting period. There were four consecutive days of gains, followed by a small loss on the period’…
LME Warehouse Levels (August 31, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 25, 2009 (change from August 18 in brackets):