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. …
Articles by Northern Miner Staff
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.
U. S. MARKETS MAY 6-12
U. S. stock indexes were mixed during the May 6-12 trading session. The Dow Jones Industrial Average fell 93 points, or 0.7%, to 12,876. The Standard and Poor’s 500 Index declined 4 points, or 0.2%, t…
LME WAREHOUSE LEVELS (May 19, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 13, 2008 (change from May 6 in brackets): Aluminium Alloy 36840 (+420) Aluminium 1033800 (-2525) Copper 1217…
METALS COMMENTARY (May 19, 2008)
Amid capital market turbulence, the global metals sector has seen a rush of mergers and acquisitions (M&A) and will continue to do so, according to a new report issued by PricewaterhouseCoopers (P…
BID-ASK — MAY 6-12, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.18 0.12 Amazon Mng V 0.55 0.64 0.65 1.21 0.46 …
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…
DAILY METAL PRICES (May 19, 2008)
——— LEGEND
Semafo building strength in West Africa
In mid-April, Semafo (SMF-T, SEMFF-O) announced it had beaten its own production guidance by 4,200 oz. in turning out 28,700 oz. gold for the first quarter.
North American Stock Exchange Indices (May 19, 2008)
52-week Date May 12 May 9 May 8 May 6 May 5 High Low S&P/TSX-Ven Comp 2576.11 2564.01 2539.45 2504.58 2499.14 3373.25 2340.21 TSX Composite 14666.07 14521.19 14607.99 14371.5…
Khan bids for Western Prospector
Khan Resources (KRI-T, KHRIF-O) has made an unsolicited bid for Western Prospector Group (WNP-V, WEPGF-O) to consolidate its position in the Saddle Hills district of Mongolia and to cut costs.
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…