Update:Bidding war heats up for Frontera Copper
A bidding war is emerging for Frontera Copper Corp. (FCC-T, FRCPF-O) that is pitting the Invecture Group against So…
Articles by Northern Miner Staff
UEX eyeing 40 million lbs. U3O8 at Hidden Bay
Vancouver – This fall UEX (UEX-T) leveled its 2009 resource-estimate sights on a target of 40 million lbs. U3O8 at …
Xstrata throttles back Sudbury nickel output, chops 686 jobs
Continued low nickel prices are forcing Xstrata (XTA-L) subsidiary Xstrata Nickel to step up the shrinking of its n…
Short Position Report (February 09, 2009)
TSX Short PositionsShort positions outstanding at Jan 31/09 (…
Red Back Mining posts record production in Q4
Mines in Mauritania and Ghana posted record production in the fourth quarter for gold producer Red Back Mining…
People (February 09, 2009)
American Bonanza Gold — Joe Chan appointed CFO.
U.S. Markets – Jan. 27 -Feb. 2
U. S. President Barack Obama’s US$825-billion stimulus bill may have passed the House of Representatives — its first legislative hurdle — but the news failed to lift the prevailing gloom in the mark…
Toronto Stock Exchange – Jan. 27 -Feb. 2
Canadian equity indices were down during the Jan. 27-Feb. 2 trading period. The S&P/ TSX composite index dropped 32 points, or 0.4%, to 8,625; the Capped Metals and Mining index was 27 points, or …
Cliffs Buys Into KWG On ‘Ring Of Fire’ Chrome Discovery
Coking coal and iron ore heavyweight Cliffs Natural Resources (CLF-N) is investing US$3.5 million in a private placement for a 19.9% stake in KWG Resources (KWG-V, KWGBF-O) to gain a foothold in what …
First Uranium To Bring Low-Cost Uranium-Gold Mines Online
First Uranium (FIU-T, FUM-J) is close to completing two financing deals that together will allow the company to fund capital expenditures at its two uranium-gold projects in South Africa and bring the…
LME Warehouse Levels (February 09, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 3, 2009 (change from Jan. 27 in brackets):
Spot Prices (February 09, 2009)
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