Toronto Stock Exchange – Feb. 17-23
Failing to find reasons for optimism in a sagging global economy, investors drove the S&P/TSX composite index down over the Feb. 17-23 reporting period to levels it hasn’t seen in five years. The …
Articles by Northern Miner Staff
TSX Venture Exchange – Feb. 17-23
It was a red week for the S&P-TSX Venture composite index as the junior board posted a loss every day of the Feb. 17-23 trading period to close the week down 46.7 points at 878.94. Daily trading v…
GlobeStar Undaunted By Copper’s Descent
SITE VISIT MAIMON, DOMINICAN REPUBLIC — A siren wails as GlobeStar Mining (GMI-T) chairman Larry Ciccarelli addresses a crowd of more than 200 people at the Cerro de Maimon open-pit…
WGM Hosts Workshop At Saudi Geological Conference
Consulting geology and engineering firm Watts, Griffis and McOuat (WGM), will deliver a one-day seminar during the March 9-12 meeting of the Saudi Society for Geosciences at the Hilton Hotel in Jeddah…
Barrick Buys Out Teck At Hemlo
In yet another asset sale to deal with its short-term debt crisis, Teck (TCK. B-T, TCK-N) is unloading its half stake in the Hemlo gold assets in northwestern Ontario on its joint-venture partner, Bar…
Swedes Revisit Ban On New Nuclear Plants
Dependence on foreign energy and worries about global warming have ignited debate about overturning Sweden’s nearly 29-year moratorium on building nuclear power plants.
Tiger Finding High-Grade Copper In The DRC
VANCOUVER– The mineral wealth of the Democratic Republic of the Congo (DRC) is far from tapped, if Tiger Resources’ (TGS-T, TRSDF-O) copper discoveries in the African country are any indication.
China Inc. Steps Up Foreign Acquisitions
China’s state-owned companies are ratcheting up their acquisitions of struggling mining companies that have been hit by the financial crisis and poor metal prices.
Capstone Upgrades Kutcho Resource
VANCOUVER — Every little increase in grade helps at current copper prices.
Newmont Posts Record Revenues In 2008
Newmont Mining (NMC-T, NEM-N) saw higher multiples in 2008, with the gold major posting revenues of about US$6.2 billion for the year, up 12% over 2007’s US$5.5 billion.
Centamin Set To Bring Gold Mining Back To Egypt
After a long hiatus, Egypt is on the cusp of getting a new major gold mine.
Volta Defines Copper-Gold Resource In Burkina Faso
VANCOUVER — A few days after its joint-venture partner returned full ownership of the Gaoua coppergold property in Burkina Faso to Volta Resources (VTR-T, VLTAF-O), the junior announced a sizable ini…