KAL Energy boosts its coal resource in Indonesia
Thermal coal explorer and developer KAL Energy (KALG-O) has expanded its resource at one of two concessions it hold…
Articles by Northern Miner Staff
Editorial: HudBay’s baffling Lundin bid
While metal prices seem to have bottomed out in November, the week ended Nov. 22, the 47th trading week of 2008, saw several miners’ share prices get their feet knocked out from under them.
Suppliers News: CNQ relaunches as CNSX
With just over four years under its belt, the Canadian Trading and Quotation System (CNQ) has changed its name to the Canadian National Stock Exchange (CNSX).
Kalahari Scraps Extract Merger
Kalahari Minerals (KAH-l) has called off a merger with Extract Resources (EXT-T, EXT-a) over fears that it would give Rio Tinto (RTP-N, RIO-n), a stakeholder in both companies, too much power in the m…
U. S. MARKETS – NOV. 18-24
U. S. stock indices were mixed during the Nov. 18-24 trading session. The Dow Jones Industrial Average gained 170 points, or 2.1%, to 8,443; the S&P 500 Index rose 1 point, or 0.1%, to 852; and th…
Helio Hunts For ‘Meat’ In Tanzania’s Southwest
Vancouver — In 2005, Helio Resource’s (HRC-V, HELOF-o) CEO Richard Williams and chief operating officer Christopher Mackenzie were working in Namibia, where Helio still holds a number of properties. …
TORONTO STOCK EXCHANGE – NOV. 18-24
The S&P-TSX Composite Index took another beating over the Nov. 18-24 trading period with the mining sector especially hard hit. The index fell 4%, or 355 points to 8,441 points for the week after …
High River Gold’s Hardships
After preparing the markets for some sort of deal, a deal has indeed been done: High River Gold Mines (HRG-T, HRIVF-o) has announced a massive private placement with Russian steel giant Severstal that…
Minefinders Pours First Gold
Minefinders’ (MFL-T, MFN-x) Dolores open-pit mine in Chihuahua, Mexico, is expected to produce more than 1.7 million oz. gold and 64 million oz. silver over an estimated 15-year life.
Torlon Hill Small, But Rich
Vancouver — Firestone Ventures (FV-V, FSVEF-o) has proven up a small, high-grade zinc-lead resource at its Torlon Hill project in Guatemala.
Exploration Adit Proving Its Worth At Niblack
Vancouver — The first underground drilling program at Committee Bay Resources’ (CBR-V, CBYRF-o)Niblack project, on Prince of Wales Island in Alaska, returned strong intercepts that are sure to expand…
Kinbauri Expands Resources At El Valle, Carles Gold-Copper Mines
Last March, Kinbauri Gold (KNB-V, KINBF-o) acquired gold assets in northwestern Spain from Rio Narcea Gold Mines for US$5 million. The goods included two exploration properties and fixed assets at the…