Romarco expands Haile resource
Romarco Minerals (R-V, RTRAF-O) has nearly doubled resources at the past-producing Haile gold mine in South Carolina, prompting the company to change its mine plan design to 7,000 tons per day from 4,…
Articles by Northern Miner Staff
Industry Outlook Luncheon Featured Speaker (September 22, 2008)
Frederick Sturm, Executive Vice President and Chief Investment Strategist, has been a member of Mackenzie’s
EXCHANGE RATES (September 22, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 15 Sept. 12 Sept. 11 Sept. 10 Sept. 9 US$ in C$ 1.0677 1.0609 1.0796 1.0738 1.0679 C$ in US$ 0.9366 0.9426 0.9263 0.9313…
DIVIDENDS (September 22, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
NovaGold takes another run at Galore Creek
DENVER, COLO.–After halting construction of its Galore Creek copper and gold mine in British Columbia last November when estimated costs more than doubled to $5 billion, NovaGold Resources’ (NG-T, NG…
INTERNATIONAL QUOTES (September 22, 2008)
Australia (A$) Sept 16 Sept 9 Change Bendigo Mining 0.15 0.17 -0.02 Kingsgate Cons. 4.50 4.47 0.03 Lion Selection Ltd 1.38 1.45 -0.07 Newcrest Mining 21.45 21.20 0.25 …
LARGO BAGS MORE MOLY AT NORTHERN DANCER
VANCOUVER — Largo Resources’ (LGO-V, LGORF-O) hunt for higher-grade molybdenum at Northern Dancer appears to be paying off.
Tower Hill hits more gold at Livengood
VANCOUVER — The Livengood property continues to return long, low-grade intercepts for International Tower Hill Mines (ITH-V, THM-X) in Alaska.
Technical Session Preliminary Program (September 22, 2008)
Wednesday, Dec. 3 -Friday, Dec. 5, 2008
Southwestern settles lawsuits for $15.5M
Southwestern Resources (SWG-T, SWGGF-O) has settled the class action lawsuits brought against it last year following news that drill grades in the database of its Boka gold project, in China’s Yunnan …
Ecuador’s mining reforms nearly complete: official
DENVER, COLO.–The draft of a new mining law that sets royalties on a sliding scale of 3-8% will be submitted to Ecuador’s legislature in the middle ofOctober, the country’s acting vice-minister of mi…
Musings on the gold price from Denver
DENVER, COLO. — Gold prices are going to remain quite volatile in the short term but in the long run, the yellow metal will set new records, Martin Murenbeeld of Dundee Wealth Economics, told investo…