Xstrata eyes Lonmin’s platinum
Xstrata (XSRAF-O, XTA-L) wants to widen its reach in its efforts to become the world’s pre-eminent diversified miner.
Articles by Northern Miner Staff
Crandall Canyon disaster may lead to huge settlement
VANCOUVER–Among other defendants, American coal giant Murray Energy wants to settle out of court a complaint filed against it by families of victims who died or were injured in the Crandall Canyon mi…
Western Copper jumps environmental hurdle at Carmacks
VANCOUVER — An OK from the Yukon Environmental and Socioeconomic Board (YESAB) on Western Copper’s (WRN-T, WCPCF-O) Carmacks copper project paves the wayfor a mining licence, Julien Francois, Western…
Small, rich resource for Avino (August 18, 2008)
VANCOUVER–A solid resource estimate for one vein near the historic Avino mine is bolstering hopes that Avino Silver & Gold Mines (ASM-V, ASGMF-O) will soon be able to restart the mine that Spania…
Hathor continues to hum (August 18, 2008)
Hathor Exploration (HAT-V)wants to attract major interest in its Midwest NorthEast project in the Athabasca basin, and with its latest drill holes it continues to do just that.
COMMENTARY: Modernizing Ontario’s Mining Act
–The following are exerpts from a discussion paper on revisions to the province’s mining legislation, called Modernizing Ontario’s Mining Act, produced by the government of Ontario. The report, publi…
EDITORIAL: Oil, metals and Russia’s triumph
Despite political upheaval in the world, the broad decline in oil and mineral prices picked up steam during the week ended Aug. 9, the 32nd trading week of 2008, much to the detriment of resource comp…
Teal grows resource, grades at Namibian project
Teal Exploration & Mining’s (TL-T, TEL-J) Otjikoto gold project in Namibia is demonstrating higher grades and resources, the company reports.
B. C., Yukon helicopter crashes kill five
VANCOUVER–Two mining-related helicopter crashes have killed five people in less than a week in Western Canada.
TSX SHORT POSITIONS (August 18, 2008)
Short positions outstanding at July 31/08 (with changes from July 15/08).
DIVIDENDS (August 18, 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$3.75 cmltv pr sh on Oct 1, rec Sept 12. Newmont Canada will p…
INTERNATIONAL QUOTES (August 18, 2008)
Australia (A$) Aug 12 Aug 5 Change Bendigo Mining 0.18 0.20 -0.02 Kingsgate Cons. 4.80 5.60 -0.80 Lion Selection Ltd 1.58 1.50 0.08 Newcrest Mining 23.49 26.31 -2.82 …