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…
Articles by Northern Miner Staff
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…
Climate Change Issue A Web Of Complexities: OMA
— The following is an edited recap of the Ontario Mining Association’s Climate Change Workshop, a half-day seminar held Jan. 15, 2009, at the OMA’s office in Toronto.
The Bell Tolls For HudBay-Lundin Merger
The unravelling of the controversial HudBay-Lundin merger was the biggest mining story in Canada during the week ended Jan. 24, the third trading week of the year, as weeks of relative quiet over the …
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…
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.
U. S. Markets – Jan. 20-26
U. S. President Barack Obama’s first week in the Oval Office did not calm the jitters on Wall Street. The markets continued to lose ground over the Jan. 20-26 trading period. The Dow Jones Industrial …
Toronto Stock Exchange – Jan. 20-26
The S&P/TSX composite index lost 185 points, or 2.1%, to 8,657 during the Jan. 20-26 trading session, with the Capped Metals and Mining index dropping 2 points, or 0.8%, to 265; and the Capped Mat…
Solid Prefeasibility For Golden Band’s La Ronge
VANCOUVER — Golden Band Resources (GBN-V, GBRIF-O) has taken another step towards production with a positive prefeasibility study for its La Ronge gold project in northern Saskatchewan.
Houston Lake Grows West Cedartree
Houston Lake Mining (HLM-V, HLKMF-O) has taken another step towards realizing its ambition of developing a gold mine near Kenora, in northwestern Ontario.