Apollo Gold shoots arrow through adversity
Building a mining company is seldom an easy road to venture down, without hardships and bumps along the way. But in Apollo Gold’s (APG-T, AGT-X)case, the road nearly came to a dead end in 2005, when a…
Articles by Northern Miner Staff
Rio Tinto Alcan developing greener smelting technology
Aluminum giant Rio Tinto Alcan, a subsidiary of Rio Tinto, has announced that it has begun development of new smelting technology that could reduce energy consumption by 20%.
CANADIAN GOLD MUTUAL FUNDS (April 28, 2008)
Featured Fund: AGF Precious Metals, as of 01/31/08 (in weighted order): Kinross Gold, Goldcorp, Yamana Gold, Inmet Mining, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, High River Gold Mines, F…
LENDING RATES (April 28, 2008)
as of 9 a. m. ET, April 22, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.00 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
Feasibility study for Ashdown moly mine
Although molybdenum production is already under way at the Ashdown mine near Denio, Nev., 60-40 joint-venture partners Golden Phoenix Minerals (GPXM-O) and Win-Eldrich Mines (WEX-V, WIDMF-O) have rele…
INTERNATIONAL QUOTES (April 28, 2008)
Australia (A$) April 22 April 8 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.51 1.49 0.02 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.31 4.15 0.16 Lion S…
Private Thai group to buy Pan African Mining (April 28, 2008)
Hungry for new coal properties outside Southeast Asia, Asia Thai Mining is buying Pan African Mining( PAF-V, PAFRF-O)at an 84.3% premium over the Vancouverbased junior’s 20-day average trading price.
TSX VENTURE EXCHANGE (April 28, 2008)
The S&P-TSX Venture Composite Index managed a small gain in the third week of April, closing the April 15-21 trading session up 12.16 points at 2,559.82.
LME WAREHOUSE LEVELS (April 28, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 22, 2008 (change from April 15 in brackets):
Champion expands iron property in Labrador
Champion Minerals (CHM-V) is buying up yet more land next door to its wholly owned Attikamagen Lake iron property in Labrador.
SPOT PRICES (April 28, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (April 28, 2008)
Antimony: Mid-mkt US$5,950/t.