Commentary: Looking at maintenance as an investment
Mining is a tough business and in order to stay competitive, every available advantage must be considered and where…
Articles by Northern Miner Staff
TSX Venture Exchange – FEB. 3-9
The S&P/TSX Venture composite index broke 900 points for only the third time since mid-November during the Feb. 3-9 trading period, closing the week up 28.28 points at 901.1. Daily trading volumes…
Dividends (February 16, 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 $25 each in cash, plus accruded and unpaid dividends. Alc…
Forsys Grows Valencia
Forsys Metals (FSY-T, FOSYF-O) continues to grow the Valencia uranium deposit in Namibia, even though the project will not likely be under its control for much longer.
‘Porkulus’ To Stoke Inflation
The financial world during the fifth trading week of the year was dominated by the haggling in Washington, D. C., over the size and content of the federal government’s unprecedentedly large stimulus b…
Andean Resources Cuts High-Grade Gold In Argentina
VANCOUVER — Deep stepout drilling on the Eureka West vein has expanded the size of zones showing bonanza-grade gold for Andean Resources (AND-T, AND-A) at its Cerro Negro property in the province of …
International Quotes (February 16, 2009)
Australia (A$) 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 …
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.
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.