Livengood results lift International Tower Hill (July 14, 2008)
VANCOUVER — A long, well-mineralized intercept from its Livengood gold project in Alaska had International Tower Hill Mines (ITH-V, THM-X) up as much as 35% in recent trading.
Articles by Northern Miner Staff
New copper finds needed to replace reserves: MEG
In a recent study, Halifax, N. S.-based Metals Economics Group (MEG) concludes that copper reserves in the ground maintain a comfortable cushion of about 30 years’ production. However, two potential p…
Editorial: Carbon taxes leave Canadians cold
The week ended July 5, the 27th trading week of 2008, saw two very bad ideas come to the fore in Canada.
U. S. MARKETS JULY 1-7
The surging oil price continued to weigh on equities during the July 1-7 trading session. The Dow Jones Industrial Average dropped 118 points, or 1%, to 11,232; the S&P 500 Index fell 28 points, o…
Mining consultancy firm WGM heads Niger Delta initiative
Senior social and economic scientist Stephen Roberts, from the independent mineral-consultation firm Watts, Griffis and McOuat, has been invited by the Nigerian government to present ideas for resolvi…
Inmet offers $345M for Petaquilla Copper
VANCOUVER — In a bid to expedite development of one of the largest copper deposits in the world, Inmet Mining (IMN-T, IEMMF-O) has made an all-cash, $345-million takeover bid for joint-venture partne…
PRODUCER AND DEALER PRICES (July 14, 2008)
Antimony: Mid-mkt US$6,300.00/t.
DAILY METAL PRICES (July 14, 2008)
Date July 7 July 4 July 3 July 2 July 1 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2640/2680 3640/2669 2650/2660 2645/2680 2635/2670 A…
BID-ASK — JULY 1-7, 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 0.28 0.59 0.25 0.45 0.23 Altair Vent V 0.20 0.27 0.20 0.74 0….
NORTH AMERICAN STOCK EXCHANGE INDICES (July 14, 2008)
52-week Date July 7 July 4 July 3 July 2 July 1 High Low S&P/TSX-Ven Comp 2478.37 2562.99 2559.71 2596.59 2635.78 3341.56 2340.21 TSX Composite 13712.80 14010.39 14143.57 140…
TSX SHORT POSITIONS (July 14, 2008)
Short positions outstanding at June 30/08 (with changes from June 15/08).
Pacific Rim suspends drilling in El Salvador
Pacific Rim Mining (PMU-T, PMU-X) is suspending drilling in El Salvador and shifting its exploration efforts to Costa Rica and Guatemala, countries that are “more politically stable for mining investm…