Thompson Creek weighs risk and reward at Davidson (April 21, 2008)
Vancouver — Risk-averse major mining companies didn’t rush to revive molybdenum properties as prices began to clim…
Articles by Northern Miner Staff
Eldorado moves on Frontier Pacific
Vancouver – Frontier Pacific (FRP-V) is fighting an unsolicited takeover offer from Eldorado Gold (ELD-T) in a batt…
First Quantum hopes to acquire Scandinavian Minerals
First Quantum Minerals (FM-T, FQM-L) plans to pick up Scandinavian Minerals (SGL-T) and its giant nickel deposit in…
Teck Cominco to buy Global Copper
Vancouver — In a deal valued at $425 million, Teck Cominco (TCK. B-T, TCK-n) is buying out Global Copper (GLQ-T, GOCPF-o) to get its hands on the Relincho project — an Andean porphyry-style copper-m…
GFMS: Economic uncertainty will drive gold to record levels
The positive climate for gold investment will continue until late 2008 and quite likely into the first half of 2009, according to GFMS, the London-based precious metals research consultancy.
Japan teams with Aussie junior in Cambodia (April 21, 2008)
A Japanese government-run company has agreed to spend US$4.5 million over three years on two of Southern Gold’s (SUTHF-O, SAU-A) Cambodian exploration projects.
Hunter Dickinson, Goldbrook, team up
The Raglan district’s largest landholder, Goldbrook Ventures (GBK-V, GBKVF-O), is set to share its sizable swath of territory in northern Quebec with mining stalwart Hunter Dickinson.
PDAC offers first aid courses
The Prospectors and Developers Association of Canada has organized two wilderness first aid courses for explorers.
Uranium not so hot with Labrador Inuit
The week ended April 12, the 15th trading week of 2008, was punctuated by a setback for uranium explorers in Canada, as the Labrador Inuit government banned uranium mining for three years on the Labra…
Roskill examines magnesium market
China’s continued domination of the magnesium market sets the tone for the economics of the metal, which almost doubled in price in 2007, according to a new report issued by London-based international…
DIVIDENDS (April 21, 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* …
LENDING RATES (April 21, 2008)
as of 9 a. m. ET, April 15, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …