Petra Diamonds sells Calibrated Diamonds to Gem
Africa-focused Petra Diamonds (PDMDF-O, PDL-l) has sold Calibrated Diamonds Investment Holdings to Gem Diamonds (GEMD-l) for US$5.9 million.
Articles by Northern Miner Staff
German consultant DMT buys Associated Geosciences
Essen, Germany-based company DMT GmbH & Co has acquired Canadian consultant Associated Geosciences Ltd. (AGL).
Can China help bail out the global economy? (October 20, 2008)
If you think China’s super-hot economy and the astounding growth rates it has posted over the last decade will help buffet the rest of the world from the economic meltdown, you might want to think aga…
Dissident shareholder looks to topple Noront board (October 20, 2008)
Charging that current management has “squandered” Noront Resources’ (NOT-V, NOSOF-o) first-mover advantage in the “Ring of Fire” area it discovered last year, shareholder Rosseau Asset Management is l…
‘Brutal’ time to be a junior
Junior companies are cutting back on everything from salaries to exploration programs to make sure they’re still standing when the smoke clears from the current financial crisis.
Pampa de Pongo packs punch for Cardero (October 20, 2008)
Vancouver–Southern Peru’s arid coastal region, directly across the pond from resource hungry countries in Asia, is flexing its iron-rich muscles for Cardero Resource (CDU-T, CDY-x).
DAILY METAL PRICES (October 20, 2008)
Date Oct. 13 Oct. 10 Oct. 9 Oct. 8 Oct. 7 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1800/1810 1795/1845 1820.50/1880 1870/1920 1870/1…
NORTH AMERICAN STOCK EXCHANGE INDICES (October 20, 2008)
52-week Date Oct. 13 Oct. 10 Oct. 9 Oct. 8 Oct. 7 High Low S&P/TSX-Ven Comp Holiday 975.81 1041.67 1056.39 1094.46 3192.55 946.42 TSX Composite Holiday 9065.16 9600.18 10056….
Alaskan rock kind to Full Metal
Recent drill results from Full Metal Minerals’ (FMM-V, FLMTF-o) 40 Mile property, in Eastern Alaska, failed to garner market attention, despite some promising grades.
Snowden photo competition
Every year Snowden Group holds its “Celebrating the Mining Industry” photo contest and exhibition. The competition receives entries from around the world. This year’s first-prize winner received $10,0…
TORONTO STOCK EXCHANGE – OCT 7-11
Despite touching new lows, the TSX Composite Index showed renewed signs of life at presstime. For the shortened Oct. 7-10 period, the index had fallen more than 1,165 points to 9,065.16, but as global…
CANADIAN GOLD MUTUAL FUNDS (October 20, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…