Editorial: It’s closin’ time
Mine closings and layoffs. Yes, with metal prices pulling back sharply this past half year, we’ve finally reached that painful inflection point in the commodity cycle where mine suspensions and closin…
Articles by Northern Miner Staff
Correction (September 01, 2008)
In last week’s edition ( T. N. M., Aug. 25-31/08), we ran an excerpt from the book Red Lake: Golden Treasure Chest, with information on how to get a copy. The telephone number accompanying the details…
DAILY METAL PRICES (September 01, 2008)
Date Aug. 25 Aug. 22 Aug. 21 Aug. 20 Aug. 19 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 2440/2495 2430/2470 2431/2475 2430/247…
Nichols Ranch study upbeat
A preliminary economic assessment for Uranerz Energy’s (URZ-T, URZ-X) Nichols Ranch uranium project in Wyoming’s Powder River basin suggests building an in-situ operation that could produce nearly 3.3…
BID-ASK — AUG. 19-25, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Afrasia Minl F V 0.27 0.44 0.25 0.45 0.23 Agau Res V 0.17 0.21 0.19 0.55 0.11 …
A growing Storie for Columbia Yukon (September 01, 2008)
VANCOUVER — A new resource estimate upgrading most of the Storie molybdenum deposit to the indicated category is just what Columbia Yukon Explorations (CYU-V, CYUXF-O)was aiming for with its aggressi…
Skybridge scoring good grades in Nunavut
VANCOUVER–The Downie brothers are at it again.
Grande Cache coal production ebbs
Grande Cache Coal (GCE-T, GACHF-O) failed to meet its own production targets for the last quarter and as a result had to watch its shares take a hit.
TSX VENTURE SHORT POSITIONS (September 01, 2008)
Short positions outstanding at Aug. 15/08 (with changes from Jul. 15/08).
Nevada-focused Victoria, Gateway, agree to merger
VANCOUVER — Victoria Gold (VIT-V, VITFF-O) will acquire all of the outstanding shares of Gateway Gold (GTQ-T, GWYGF-O) in a friendly merger that will produce a Nevada-focused explorer with one advanc…
ArcelorMittal shores up Brazilian iron ore assets
VANCOUVER — ArcelorMittal (MT-N) cut two sizable cheques on the same day for two iron assets in Brazil.
EXCHANGE RATES (September 01, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 25 Aug. 22 Aug. 21 Aug. 20 Aug. 19 US$ in C$ 1.0464 1.0458 1.0456 1.0628 1.0607 C$ in US$ 0.9557 0.9562 0.9564 0.9409 0…