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
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…
Helio hitting gold in Tanzania (July 14, 2008)
VANCOUVER — Helio Resource (HRC-V, HELOF-O) has been working away at the SMP gold project in southwestern Tanzania for two years and its efforts are starting to pay off. Strong drilling results from …
Monument raising $38M for Malaysia gold project
Monument Mining (MMY-V) is raising $38 million to move its 100%-owned Selinsing gold project in Malaysia toward production.
Noront tallies Eagle One resource
VANCOUVER — Since the discovery hole at the Double Eagle property in northeast Ontario hit massive sulphide mineralization in September, Noront Resources (NOT-V) investors have been anxiously awaitin…
PEOPLE (July 14, 2008)
Abacus Mining & Exploration– Louis Montpellier appointed a director; Thomas McKeever appointed chairman.
LME WAREHOUSE LEVELS (July 14, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 1, 2008 (change from July 8 in brackets):
SPOT PRICES (July 14, 2008)
COURTESY OF SCOTIABANK
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, $345-million takeover bid for joint-venture partne…
DAILY METAL PRICES (July 14, 2008)
Date July 7 July 4 July 3 July 2 July 1 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2640/2680 3640/2669 2650/2660 2645/2680 2635/2670 A…
TSX SHORT POSITIONS (July 14, 2008)
Short positions outstanding at June 30/08 (with changes from June 15/08).