Billionaire to form China-focused resource giant
An Australian billionaire plans to launch his private company, Resource Development International, as a resources g…
Articles by Northern Miner Staff
NGO’s ready for BHP in Indonesia
A battle could be brewing for BHP Billiton (BHP-N, BLT-L) on a small island in Indonesia. The company that has …
Uranerz could produce 3.3 million lbs. U3O8 per year, study says
A preliminary economic assessment for Uranerz Energy’s (URZ-T, URZ-X, U9E-F) Nichols Ranch uranium project in the…
Harmony and Newcrest teaming up in PNG
Two of the biggest gold miners not listed on the TSX are combining forces in Papua New Guinea (PNG) with the hopes …
Yukon-Nevada halts underground mining at Jerritt Canyon
Vancouver – Around 240 miners are out of work at Yukon-Nevada Gold’s (YNG-T) Smith and SSX mines at its Jerritt Can…
Second fatal helicopter crash in a week kills pilot
Vancouver – A helicopter heading into a mining camp near Carmacks, Yukon, crashed on Saturday, killing the pilot. I…
Southern Arc goes deep in Indonesia
VANCOUVER — The deep reach of Southern Arc Minerals’ (SA-V, SOACF-O) drills has paid off with the company’s longest mineralized intercept to date at its 21-sq.-km Selodong prospect on west Lombok Isl…
DAILY METAL PRICES (August 11, 2008)
Date July 28 July 25 July 24 July 23 July 22 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2562/2600 2470/2580 2561/2600 2565/2615 2600/2…
NORTH AMERICAN STOCK EXCHANGE INDICES (August 11, 2008)
52-week Date July 28 July 25 July 24 July 23 July 22 High Low S&P/TSX-Ven Comp 2186.50 2188.17 2184.77 2223.13 2263.66 3199.58 2177.80 TSX Composite 13303.96 13378.81 13206.14 …
North American Palladium settles crusher litigation
North American Palladium (PDL-T, PAL-X) has settled a six-year-old dispute with its insurer regarding a crusher failure at its Lac des les platinum group metals mine, 85 km north of Thunder Bay, Ont.
Platmin hires MCC as contractor for Pilanesberg
South African-focused platinum miner Platmin (PPN-T, PLNLF-O) has hired MCC Contracts to conduct open-pit mining at its Pilanesberg mine.
TSX VENTURE SHORT POSITIONS (August 11, 2008)
Short positions outstanding at July 15/08 (with changes from June 30/08).