International Quotes (February 16, 2009)
Australia (A$) Feb 10 Feb 3 Change Bendigo Mining 0.17 0.18 -0.01 Kingsgate Cons. 3.59 3.72 -0.13 Lion Selection Ltd 0.66 0.67 -0.01 Newcrest Mining 32.00 30.00 2.00 …
Articles by Northern Miner Staff
Rio Tinto Sells More Assets To Pare US$37B Debt
Rio Tinto (RTP-N, RIO-L) continues to hack away at its immense debt load with sales to Vale (RIO-N) of its undeveloped potash assets in Argentina and Canada and an iron ore mine in Brazil for US$1.6 b…
People (February 16, 2009)
ATW Gold — Graham Harris appointed chairman; David Stone appointed COO.
Mesquite Mine Back In The Saddle
With one year of operations at the past-producing Mesquite gold mine under its belt, Western Goldfields (WGI-T, WGW-X) reports it churned out 110,410 oz. gold for 2008, just short of the 117,000 oz. g…
Exeter Cuts Lengthy Low-Grade Gold At Caspiche
Exeter Resource( XRC-V, XRA-X) has reported drilling results from its Caspiche gold-copper and Cerro Moro gold-silver projects, in South America.
World Crude Steel Production Falls 1.2%
World production of crude steel fell 1.2% between 2007 and 2008, with production weighing in at 1.33 billion metric tonnes last year, according to a report released by the World Steel Association.
Vale Builds Its Fleet — Spends US$171M On New Tugboats And Barges
Brazilian mining giant Vale (RIO-N) has signed a contract with three major Brazilian shipyards worth US$171.1 million, to build up the company’s fleet.
Helio Extends Tanzanian Targets
VANCOUVER –With three rounds and two months worth of drilling results from its SMP gold property 100 km northwest of Mbeya, Tanzania, Helio Resource (HRC-V, HELOF-O) keeps growing its three main targ…
Pace pays off with rapid resource for Oroco
Vancouver – It took only $1.25 million and five months of drilling for Oroco Resource (OCO-V) to define a promisi…
Assay lab ‘Oops’: Northern Freegold intercept now bonanza grade gold
Vancouver – Northern Freegold (NFR-V) CEO Bill Harris and president Susan Craig suspected the assay result of a dri…
Victoria Gold and StrataGold propose merger
Nevada-focused Victoria Gold (VIT-V) has made a friendly offer for StrataGold (SGV-V), which has an advanced gold p…
Centamin to bring back gold in land of the Pharaohs
After a long hiatus Egypt is on the cusp of getting a new major gold mine.