Pre-feasibility for International Enexco’s Contact copper deposit
Despite “drastic changes” in the economy and copper prices, International Enexco’s (IEC-V) president and chief…
Articles by Northern Miner Staff
Vale, Union, Dig In Their Heels
The head of the United Steelworkers for Ontario and the Atlantic provinces says it could be four or five months before Vale (VALE-N) and the union representing striking workers in Sudbury and Port Col…
Chinese Miner Makes Hostile Bid For Canadian Royalties
China’s appetite for natural resources has turned aggressive with an unsolicited takeover bid for nickel development company Canadian Royalties (CZZ-T, CRYAF-O).
More Kimberlites For Peregrine At Chidliak
Peregrine Diamonds (PGD-T, PGDIF-O) has found four more kimberlite bodies — three of them exposed at surface– on its 9,800-sq.-km Chidliak property on Baffin Island in Nunavut.
Signs Of Life In Base Metals
There was yet another sign in Western Canada of a recovery in base metals markets during the 31st trading week of the year.
PDAC Criticizes Ontario’s Bills 173 And 191
The following is a condensed version of a presentation by the president of the Prospectors and Developers Association of Canada (PDAC) to the Standing Committee on General Government of the Legislativ…
Base Metal Prices On The Upswing
Bank of America Merrill Lynch has revised its base metal price forecasts for the year, saying prices have risen faster than it had expected.
Dividends (August 17, 2009)
Note:Vale will pay $0.4795 for common and preferred class A shares on Oct 30. Russia’s Norilsk Nickel plans to pay a dividend of more than 25% its net profit for the first half of 2009. Alcoa will pay…
Lending Rates (August 17, 2009)
as of 9 a. m. ET. Aug 11, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Capstone Reports Strong Q2 Production, Tougher Q3 Ahead
VANCOUVER — Despite lower grades milled at its Minto mine, Capstone Mining (CS-T, CSFFF-O) managed to hold fast on copper production in the second quarter of 2009 even as it came off record copper pr…
Keegan Jumps On Deep Gold At Esaase
VANCOUVER– The first four holes of the 2009 program at Keegan Resources’ (KGN-T, KGN-X) Esaase project in southwestern Ghana all hit strong gold mineralization below the defined resource and the news…
Positive Scoping Study For Inter-Citic’s Dachang
A scoping study for the Dachang gold project in China’s western Qinghai province estimates gold production averaging more than 165,000 oz. a year, Inter-Citic Minerals (ICI-T, ICMTF-O) reports.