Luna ends drill program with strong results
Luna Gold (LGC-V) struck upon some promising results at its Cachoeira gold project in northeastern Brazil as it wra…
Articles by Northern Miner Staff
Iron Ore Contract Prices To Drop, Standard Chartered Says
Contract prices for iron ore will fall 15-20% in 2009, according to the commodity research team at Standard Chartered.
Bargains To Be Had — For Patient Investors
If investors have money to spare and can afford to wait for prices to recover, then recessions can be a good buying opportunity. The question, of course, is how long one has to wait until stock and co…
Persian Gulf Region, India To Cushion Copper’s Fall
Vancouver — It’s hard to believe given the bleak numbers the International Copper Study Group (ICSG) is forecasting for 2009 copper use in the four major copper-using regions — Japan, China, North A…
Denison Slides On Midwest Deferral
Vancouver — Investors drove Denison Mines’ (DML-T, DNN-x) share price down 24% after the company announced plans to shut down the Tony M uranium mine in Utah and shelve development plans for the Midw…
Agnico Bewitched By Kittila
SITE VISIT Kittila, Finland — Finnish legend tells of a powerful witch named Paivio who lived in far northern Finland with the primeval Finnish shamans, famous for their magic. One…
Lme Warehouse Levels (December 08, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 02, 2008 (change from Nov. 25 in brackets):
Uranium Price Will Rebound: Analysts
Despite the negative outlook for many other commodities, many analysts now forecast that uranium prices will go up in the medium-to longterm due to strong fundamentals: expanding demand from more reac…
On The Greenback, Gold And Global Growth
Global economic growth will be weak next year and commodity prices will remain under severe pressure. The consensus among many in the mining industry seems to be that metal prices won’t recover until …
Global Financial Crisis Sends Deal Value Down
The value of mergers and acquisitions in the metals industry this year will fall far short of last year’s total and the outlook for the first half of 2009 doesn’t look very promising, PricewaterhouseC…
Sherritt Buckles Down After Strong Q3
Although Sherritt International (S-T, SHERF-o) had a strong third quarter, the company says it will cut back on spending in the new year as it braces for much weaker fourth-quarter results.
Tsx Venture Short Positions (December 08, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).