Tough days ahead for juniors
Junior companies are cutting back on everything from salaries to exploration programs to make sure they’re still st…
Articles by Northern Miner Staff
Aquiline slides on positive scoping study from Navidad
Vancouver – Positive results from a scoping study looking at developing one zone of the Navidad silver project in C…
Short Position Report (October 07, 2008)
TSX Short Positions Short positions outs…
ATW hits visible gold in new Burnakura zone
Vancouver – News of visible gold in high-grade intersections at ATW Ventures’ (ATW-V) Burnakura project in Western …
Oro Gold gains on Mexican intercepts
Vancouver – As share prices tumbled down all around, Oro Gold Resources (OGR-V) showed what kind of news it took to…
Citi cuts commodity forecasts for 2009-10
Citi Investment Research has lowered some of its commodity price forecasts due to the U.S. financial crisis, slowin…
Robert Friedland calls copper the “real gold”
Describing many of the world’s current copper projects as “old ladies waiting in bed to die,” Robert Friedland, chi…
Iamgold in takeover bid for Euro Ressources
Gold miner Iamgold (IMG-T, IAG-N) has launched an all-cash bid to take over gold royalty company Euro Ressources (E…
LME WAREHOUSE LEVELS (October 06, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehousesat opening, Sept. 30, 2008 (change from Sept. 23 in brackets):
Rye Patch shares rise on Nevada high-grade
Shares of Rye Patch Gold (RPM-V, RPMG-o)shot up 128% on news that the company hit high-grade gold mineralization in drilling at its Lincoln Hill project, in Nevada.
San Gold lands $20M for exploration at Rice Lake
Vancouver — San Gold’s (SGR-V, SGRCF-o) coffers will get a healthy top-up with a $20-million bought-deal private placement.
LENDING RATES (October 06, 2008)
as of 9 a. m. ET, Sept. 30, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …