More silver in Bolivia for South American Silver
More results from South American Silver’s (SAC-T) Malku Khota project in Bolivia helped strengthen the company’s sh…
Articles by Northern Miner Staff
Higher input costs will start to squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and d…
The commodity supercycle: myth or reality? Part 9
Eric Sprott is firmly in the bullish camp. Sprott is CEO of Sprott Inc. (SII-T), chairman of Sprott Resource Corp. …
TSX SHORT POSITIONS (May 19, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Yamana Gold YRI 29175691 3056885 Equinox Min EQN 25908975 7579497 Lundin Mining LU…
Equinox poised to produce uranium by 2010 (May 19, 2008)
VANCOUVER — A positive feasibility study has given Equinox Minerals (EQN-T, EQMIF-O) the confidence it needed to add a uranium recovery facility to its production- ready Lumwana copper in Zambia.
DIVIDENDS (May 19, 2008)
Note: Xstrata will pay its pref sh series 3 div of $0.2862 on June 2, rec May 15. Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay $0.9367* …
EXCHANGE RATES (May 19, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 12 May 9 May 8 May 7 May 6 US$ in C$ 1.0039 1.0061 1.0149 1.0021 1.0035 C$ in US$ 0.9961 0.9939 0.9853 0.9979 0.9965 EXC…
PRODUCER AND DEALER PRICES (May 19, 2008)
Antimony: Mid-mkt US$5,893.33/t.
Same recipe, different dish: Rio Alto CEO sticks to the script with La Arena purchase
With its planned acquisition of Iamgold’s (IMG-T, IAG-N) La Arena copper-gold project, Rio Alto Mining’s president and chief executive Alex Black has signalled he’s ready to again make his mark on min…
Odds ‘n’ sods: Making the best of a turndown
In the family room, cocktail hour was sliding into high gear. The telephone rang. My wife answered it and handed me the receiver. “It’s for you.”
China investing big in Africa (May 19, 2008)
China continues in its race to secure mineral resources in Africa, with a plan to invest more than US$9 billion in the Democratic Republic of the Congo (DRC).
Gemcom taken out by private equity firms for $180M
VANCOUVER–In a commodity supercycle, it pays to remember that mining companies don’t go it alone. Without support and supplies from a whole range of companies, from equipment manufacturers to archite…