LME WAREHOUSE LEVELS (September 29, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 23, 2008 (change from Sept. 16 in brackets):
Articles by Northern Miner Staff
St Andrew forgoes feasibility at Holloway-Holt
St Andrew Goldfields’ (SAS-T, SASXF-o) goal of re-igniting mining at the former Holt and Holloway mines just east of Matheson, in northern Ontario, is getting ever closer.
Cabo Drilling lands Rio Grande Silver contract
Vancouver-headquartered Cabo Drilling’s (CBE-V, CBEEF-o)U. S. subsidiary, Advanced Drilling Inc., has been contracted by Rio Grande Silver to conduct at least 35,000 ft. of surface core drilling for t…
Minova International relocates Down Under
SUPPLIERS NEWS
INTERNATIONAL QUOTES (September 29, 2008)
Australia (A$) Sept 23 Sept 16 Change Bendigo Mining 0.20 0.15 0.05 Kingsgate Cons. 5.54 4.50 1.04 Lion Selection Ltd 1.38 1.38 0.00 Newcrest Mining 26.84 21.45 5.39 …
PEOPLE (September 29, 2008)
Amazon GoldSands — Carlos Stocker appointed CFO; Kenneth Phillippe has resigned as CFO. Argentex Mining — Patrick Downey appointed a director. Bullion Monarch Mining– Larry Anderson appointed a dir…
Rockwell snubs Pala bid
Vancouver — South African alluvial producer Rockwell Diamonds (RDI-T, RDIAF-o) is fighting off a hostile takeover offer from its largest shareholder, a private equity firm based in the Channel Island…
Swedish magnetite draws Northland Resources
Vancouver–With its latest round of drilling in Sweden, Northland Resources (NAU-T, NRSRF-o) has confirmed good iron grades at Pellivuoma, 15 km west of its planned Tapuli iron ore mine.
U. S. most active issues
VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE Vale* RIO 247251 25.48 19.07 23.53 + 2.00 Barrick Gold* ABX 148446 39.59 26.48 38.14 + 10.20 Goldcorp* GG 113891 36.92 25.50 36.29 …
Western Copper draws closer at Carmacks
Vancouver — As far as permitting goes, all Western Copper (WRN-T, WCPCF-o) needs now is a quartz mining licence for its Carmacks copper property, about 200 km north of Whitehorse, Yukon.
Northern Gold explores Kirana’s gold potential (September 29, 2008)
Fortified by a $3.2-million treasury, Toronto-based Northern Gold Mining (NGM-V, NTGMF-o) has launched an ambitious exploration program on its gold properties near Timmins and Kirkland Lake, Ont.
NORTH AMERICAN STOCK EXCHANGE INDICES (September 29, 2008)
52-week Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 High Low S&P/TSX-Ven Comp 1575.99 1549.22 1477.88 1469.59 1459.04 3192.55 1446.92 TSX Composite 12638.07 12912.99 12064.57 11877.69 12226.99…