Change at the top for Verena
The promising exploration growth Verena Minerals (VML-T) has shown recently in Brazil will have to be driven by a n…
Articles by Northern Miner Staff
Baffin Island sparkles for Peregrine Diamonds
It’s not every day that you find diamonds outcropping at surface in the Arctic and some geologists will go a lifeti…
Short Position Report (August 25, 2008)
TSX Short Positions Short positions outs…
Aussie billionaire to form China-focused resource giant
An Australian billionaire plans to launch his private company, Resource Development International (RDI), as a resources giant that would supply iron ore, nickel and energy to China.
Intrepid posts Indonesian resource (August 25, 2008)
VANCOUVER — A resource estimate for a portion of the Tujuh Bukit gold project in Indonesia only a few months after Intrepid Mines (IAU-T, IAU-A) acquired the project through a merger with Emperor Min…
Decentralization poses dilemmas for miners
Mining companies are increasingly accepting the business case for sustainable community investment, as it can help secure their social licence to operate, add value for shareholders and engage communi…
INTERNATIONAL QUOTES (August 25, 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 …
For Uranium One, the Honeymoon’s over (August 25, 2008)
VANCOUVER — Uranium One’s (UUU-T, SXRZF-O) decision to sell some of its earlier-stage uranium properties this spring has hit it with a US$105-million impairment charge in its second quarter for a US$…
TSX VENTURE EXCHANGE AUG. 12-18
The period of Aug. 12-18 was another bearish one for the S&P-TSX Venture Composite Index. By the end of the period the exchange had lost another 91.71 points, bringing the cumulative loss from Jul…
PRODUCER AND DEALER PRICES (August 25, 2008)
Antimony: Mid-mkt US$6,350.00/t.
San Gold on cusp of resource update (August 25, 2008)
VANCOUVER–Exploration drilling in and around San Gold’s (SGR-V, SGRCF-O) operating Rice Lake mine, 230 km northeast of Winnipeg, Man., continues to pay off with high-grade gold. San Gold CEO Dale Gin…
Vedanta investing US$8.8B in base metal expansion
Having received the go-ahead from India’s Supreme Court, Vedanta Resources (VED-L), an India-focused resource giant, is proceeding with a bauxite project in Lanjigarh, in the state of Orissa. An alumi…