Commodity prices to bottom in 2009: banks
While TD Bank sees the commodities market starting to rebound in the second half of 2009, followed by more pronounc…
Articles by Northern Miner Staff
Monument loses $10M credit facility, amending Selinsing production plan
Vancouver – Two lenders have backed out of $10 million credit facility earlier promised to Monument Mining (M…
Mining stops, then starts in Guinea
The coup in Guinea has had an impact on miners in the country – if not for very long.
Demand for thermal coal to slide in 2009
The New Year will bring the lowest growth in demand for thermal coal imports (0.5%) on the international market in …
Fronteer expects Long Canyon resource in Q1 ’09
Fronteer Development Group (FRG-T) has released some strong gold grades from recent drilling on its 51%-owned Long …
Linear Gold to wed Central Sun Mining
With the well of money run dry, the mining industry is likely to witness a few marriages of convenience in the mont…
Exeter advances Caspiche and Cerro Moro
Copiapo, Chile — The road from the city of Copiapo to Exeter Resource’s (XRC-V, XRA-X) Caspiche gold-co…
Bad Commercial Paper Delays Norsemont Payment
The frozen asset-backed commercial paper market continues to affect miners, with Norsemont Mining (NOM-T, NOMFF-o) announcing that it will have to delay a payment attached to its 100% acquisition of i…
Aurelian Trio Our Mining Persons Of The Year
Our “Mining Person of the Year” award for 2008 goes to the trio of Patrick Anderson, Keith Barron and Stephen Leary for their leading roles in the discovery, swift development and sale of Aurelian Res…
U. S. Markets – DEC. 16-18
U. S. equity markets were up during the shortened Dec.16-18 trading session. The Dow Jones Industrial Average gained 40 points, or 0.5%, to 8,605; the S&P 500 index added 17 points, or 1.9%, to 88…
Lme Warehouse Levels (December 29, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 16, 2008 (change from Dec. 9 in brackets):
Tsx Short Positions (December 29, 2008)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).