HudBay Minerals to merge with Skye Resources
HudBay Minerals (HBM-T) and aspiring nickel producer Skye Resources (SKR-T, SKRZF-O) are combining forces, expand…
Articles by Northern Miner Staff
Helio hitting gold in Tanzania (June 23, 2008)
Vancouver – Helio Resource (HRC-V) has been working away at the SMP gold project in southwestern Tanzania for two y…
Liberty plans scoping study for Hart deposit
Liberty Mines (LBE-T) has released the first resource estimate for its Hart nickel project near Timmins, Ont. which…
TSX SHORT POSITIONS (June 23, 2008)
Short positions outstanding at May 31/08 (with changes from May 15/08).
Bannerman hires GRD Minproc for Goanikontes feasibility
Australia’s Bannerman Resources (BAN-T, BMN-A) has commissioned GRD Minproc to produce a full feasibility study for the company’s Goanikontes uranium project in Namibia.
Polaris expands plant in Nicaragua
Renewable energy-focused producer Polaris Geothermal (GEO-T, PGTHF-O) has signed a contract with Brazilian engineering company Queiroz-Galvao to expand its San Jacinto Tizate project.
Radius engineers development deal at Tambor
Canadian junior gold explorer Radius Gold (RDU-V, RDUFF-O) has signed up engineering firm Kappes, Cassiday & Associates (KCA) to develop the company’s Tambor gold deposit in Guatemala.
Atlas Copco readies new North Bay plant
Atlas Copco’s new exploration drilling and ground engineering manufacturing plant in North Bay, Ont., is expected to be completed by the end of June.
U. S. MARKETS JUNE 10-16
It was a volatile week for U. S. markets as crude oil prices rose to a new record of US$139.89 per barrel. Higher costs for gas and food dominated the headlines, while housing starts slid 3.3% in May …
TORONTO STOCK EXCHANGE JUNE 10-16
The TSX was down slightly during the June 10-16 trading session, declining 16 points, or 0.1%, to 14,944. The oil price again took centre stage. Finance ministers from the G-8 countries gathered in Ja…
PEOPLE (June 23, 2008)
African Copper — Christopher Fredericks appointed CEO; Joseph Hamilton has resigned as CEO and a director.
LME WAREHOUSE LEVELS (June 23, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 17, 2008 (change from June 10 in brackets):