Shore Gold pushes ahead with reduced 2009 budget
Vancouver – Canadian diamond explorer Shore Gold (SGF-T) is planning to spend $18 million in 2009 in a significan…
Articles by Northern Miner Staff
Spectacular drill results for Colossus at Serra Pelada
Drilling at the site of Brazil’s epic 1980s gold rush at Serra Pelada is yielding spectacular results for joi…
Nayarit Hits Best Gold Yet At Orion
VANCOUVER– Drilling in the northwestern corner of Nayarit Gold’s (NYG-V, NYRTF-O) Orion property, 110 km north of Tepic, Mexico, has returned 25 metres grading 6.63 grams gold per tonne and 500.9 gra…
Mirabela Adds To Santa Rita Resource
Mirabela Nickel (MNB-T, MBN-A) likes to describe its Santa Rita project in Brazil as the world’s largest greenfield nickel sulphide discovery in the last 12 years.
African Copper On The Ropes At Mowana
VANCOUVER — A massive value writedown for its brand new Mowana copper mine in Botswana, depressed copper prices, and a share price barely off the floor has put African Copper (ACU-T, AFNCF-O) in a to…
Linear Gold And Central Sun Mining To Wed
With the well of money run dry, the mining industry is likely to witness a few marriages of convenience in the months ahead, like the proposed coupling of Linear Gold (LRR-T, LGCFF-O) and Central Sun …
Editorial: Miners Limp Across The Finish Line
The last two trading weeks of 2008 were characterized by miners catching their breath and licking their wounds after a brutal past few months.
U. S. Markets – Dec. 23-Jan. 5
U. S. stock markets were up during the Dec. 23-Jan. 5. trading session, driven chiefly by the end of the tax-loss selling season and by bargain-hunters scooping up beaten-down issues. There was not mu…
Silvercorp Gains On TLP-LM Prefeasibility
VANCOUVER — China’s largest primary- silver producer, Silvercorp Metals (SVM-T, SVMFF-O), now has a five-year mine plan for its recently acquired and already operating TLP-LM silver-lead project. It …
Lending Rates (January 12, 2009)
as of 9 a. m. ET. Jan. 6, 2009 (%) Bank of Canada 1.75 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Business As Usual After Guinea’s Military Coup
It didn’t take long for unrest to take hold in Guinea after the country’s long-serving president was pronounced dead on Dec. 22 and that has meant increased uncertainty for miners in the country.
Lme Warehouse Levels (January 12, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 6, 2009 (change from Dec. 30 in brackets): Aluminium Alloy 103980 (2100) Aluminium 2357100 ( 55075) Copper…