U. S. MARKETS MAY 13-16
U. S. stock indices rose across the board during the May 13-19 trading session: the Dow Jones Industrial Average added 196 points, or 1.5%, to 13,028; the S&P 500 Index climbed 24 points, or 1.7%,…
Articles by Northern Miner Staff
TSX VENTURE EXCHANGE MAY 13-16
The TSX Venture Composite Index rose 35 points to 2,611.32 over the Victoria Day-shortened May 13-16 trading period, as stronger materials prices and speculation over a new coal source in Saskatchewan…
Great Panther cuts deep high-grade at Guanajuato
VANCOUVER –A few weeks before a ceremony to celebrate the reopening of the Guanajuato mine in central Mexico, Great Panther Resources (GPR-T, GPRLF-O) released another set of high-grade drill results…
SPOT PRICES (May 26, 2008)
COURTESY OF SCOTIABANK
Cline moves toward production at New Elk coal mine
With a coal preparation plant, silos and mining equipment now in its hands, Cline Mining (CMKT, CLNMF-O) is one step closer to bringing the New Elk mine in Colorado back into production.
DIVIDENDS (May 26, 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 instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per…
INTERNATIONAL QUOTES (May 26, 2008)
Australia (A$) May 20 May 13 Change Bendigo Mining 0.32 0.29 0.03 Centamin Egypt 1.44 1.38 0.06 Croesus Mining 0.03 0.04 -0.01 Kingsgate Cons. 5.60 5.30 0.30 Lion Sel…
PEOPLE (May 26, 2008)
PEOPLE Aleris International – J. Steven Whisler appointed a director. Asian Mineral Resources – Collin Ellison appointed president and CEO. Aurizon Mines – Andre Falzon appointed a director. Geodex Minerals…
Canadian Mining Hall of Fame calls for submissions
The Canadian Mining Hall of Fame (CMHF), has put out its annual call for nominations for next year’s inductees.
Amarillo jumps on Brazilian drilling (May 26, 2008)
VANCOUVER — Amarillo Gold (AGC-V, AGCBF-O) shot up 57% in one day’s trading after results from four stepout holes at its Lavras do Sul project in southern Brazil showed good gold mineralization over …
Global zinc supply uncertain after earthquake in China
The fate of zinc mining operations in China remains unknown after a massive earthquake devastated much of Sichuan province on May 12, leaving more than 40,000 people dead.
The supercycle: Sprott weighs in
Last week, proponents of the commoditysupercycle shared their views. This week, we’ll hear from a supercycle believer, Eric Sprott, and a skeptic, Jeffrey Christian.