DAILY METAL PRICES (August 18, 2008)
Date Aug. 11 Aug. 8 Aug. 7 Aug. 6 Aug. 5 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2495/2530 2471/2520 2475/2535 2480/2530 2500/2520 …
Articles by Northern Miner Staff
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.
CANADIAN GOLD MUTUAL FUNDS (August 18, 2008)
as of Aug. 11/08
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.
PEOPLE (August 18, 2008)
African Aura Resources — Ajay Gupta appointed CFO; Maz Mannan has resigned as CFO.
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$3.75 cmltv pr sh on Oct 1, rec Sept 12. Newmont Canada will p…
Xstrata captures top prize at mine rescue competition
Xstrata Nickel’s Fraser/Thayer Lindsley mine rescue team may not have superhuman powers but their quick thinking and teamwork helped them snap up the coveted gold helmets at Ontario’s 58th annual mine…
INTERNATIONAL QUOTES (August 18, 2008)
Australia (A$) 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 …
Promontorio drilling delivers for Kootenay Gold
VANCOUVER — Continued good news out of the Promontorio silver-gold- lead-zinc project in Sonora, Mexico, once again buoyed Kootenay Gold’s (KTN-V, KOOYF-O) share price in a lagging market.