Kodiak’s Golden Mile Growing
Vancouver — The Golden Mile project is starting to outgrow its name: Kodiak Exploration (KXL-V, KXLAF-O) has traced its rich quartz vein gold system near Thunder Bay, Ont., along 8 km of strike and t…
Articles by Northern Miner Staff
Commentary: Survey Shows Miners Upbeat Over The Long Term
It doesn’t take a genius to figure out that the mining industry is not immune to the goings on of the world financial markets. Anyone who opens a newspaper, or better yet, has a stock portfolio with a…
Evolving Pulling Gold At Rattlesnake Hills
Vancouver — A first-pass drill program at Rattlesnake Hills in Wyoming is returning promising results for Evolving Gold (EVG-V, EVOGF-O).
Tsx Short Positions (December 15, 2008)
Short positions outstanding at Nov. 30/08 (with changes from Nov. 15/08).
Lending Rates (December 15, 2008)
as of 9 a. m. ET. Dec. 9, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 1.00 U. S. Prime 4…
Capoose On Track For Silver Quest
Vancouver — As part of its efforts to update a historical resource estimate, Silver Quest Resources (SQI-V, SQIFF-O) has confirmed silver and gold mineralization at its Capoose property, 185 km south…
Normet Acquires Chilean Manufacturer Semmco
Finnish mining equipment manufacturer Normet Group has acquired Chile-based Semmco Group, giving it access to the South American manufacturer’s specialized robots and low-profile transmixers for spray…
Canadian Gold Mutual Funds (December 15, 2008)
as of Sept. 31/08
TSX VENTURE EXCHANGE – DECEMBER 2-8
It was another tough week for the S&P-TSX Venture composite index over the Dec. 2-8 trading session. One day of gain did little to offset four days of losses, leaving the board down 40.94 points a…
HudBay-Lundin Merger Draws Fire
Vancouver — What was supposed to be a friendly merger between HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) is turning into a nasty battle, as groups of HudBay shareholders demand…
Vale Scales Back
As the world economy continues to unravel, Vale (RIO-N) is closing its Copper Cliff South nickel mine in Sudbury, Ont., suspending its Voisey’s Bay nickel operations in Labrador for a month next July,…
Lme Warehouse Levels (December 15, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 8, 2008 (change from Nov. 25 in brackets):