The Expert’s Guide To Alternative Financing
The economic crisis means mining companies will have to get more creative in finding non-traditional routes to financing, investment bankers and consultants warned at a recent MineAfrica seminar on mi…
Articles by Northern Miner Staff
Hana Mining Hits Copper-Silver In Botswana
VANCOUVER–New results from the Ghanzi copper-silver project in Botswana show promising grades for owner Hana Mining (HMG-V).
Dividends (February 02, 2009)
Note:Xstrata PLC subsidiary, Xstrata Canada is sending a notice of redemption for all outstanding Cmltv prf sh, series 3, redeemable Mar 1 for $25 each in cash, plus accruded and unpaid dividends. Alc…
International Quotes (February 02, 2009)
Australia (A$) Jan 27 Jan 20 Change Bendigo Mining 0.15 0.14 0.01 Kingsgate Cons. 6.64 3.44 3.20 Lion Selection Ltd 0.67 0.72 -0.05 Newcrest Mining 33.15 30.53 2.62 Z…
Bought Deal Brings $51.8M To Anatolia
Anatolia Minerals Development (ANO-T, ALIAF-O) will raise $51.8 million in a financing led by RBC Capital Markets to help fund its Copler gold project in Turkey.
Western Lithium Hopes To Ride The ‘Tidal Wave’
Toyota’s announcement at the North American International Auto Show in Detroit earlier this month that its new plug-in hybrid will be powered by lithium ion batteries was hailed as a triumph for compa…
Red Back Raises $150M For African Gold Operations
VANCOUVER– Red Back Mining (RBI-T, RBIFF-O) is riding the gold tide and raising money again. It was only two months ago that the gold producer had to boost a $40- million financing to $60 million bec…
Correction (February 02, 2009)
Bard Ventures’ (CBS-V, BVTLF-O) Lone Pine project, 15 km northwest of Houston, B. C., has a measured and indicated resource of 110.3 million tonnes grading 0.083% molybdenum, totalling 201.7 million l…
African Copper Shuts Down Mowana
African Copper (ACU-T, ACU-L) is closing the doors on its Mowana copper mine in Botswana.
Ring Of Fire Hot In Silver And Zinc
Since 2007 when Noront Resources (NOT-V, NOSOF-O) discovered a high-grade nickel-copper-platinum-palladium deposit in the James Bay lowlands in an area now dubbed the Ring of Fire, more than a hundred…
People (February 02, 2009)
Andina Minerals — George Bee appointed president and CEO; Carl Hansen has stepped down as president and CEO.
Acadian Subsidiary ScoZinc Gets Creditor Protection
Dramatic cost reduction measures at Acadian Mining’s (ADA-T, ADAIF-O) Scotia mine a few months ago weren’t enough to save it from collapsing zinc and lead prices.