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…
Articles by Northern Miner Staff
CANADIAN GOLD MUTUAL FUNDS (April 21, 2008)
as of Apr. 1/2008
Rockcliff drills copper-zinc at Rail property
Rockcliff Resources (RCR-V) has completed the first phase of drilling at the Rail base metal property, part of its Snow Lake project in central Manitoba. A total of 5,870 metres in 27 holes have been …
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…
GobiMin posts 2007 results; dividends up 150%
It was a big year in China for Gobi- Min (GMN-V). The Canadian junior’s two operating nickel sulphide mines in northwestern Xinjiang province, which borders Tibet, drove revenues up nearly 100%.
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* …
Labrador Inuit bar uranium development
In a narrow 8-7 vote, the Labrador Inuit government has passed a three-year moratorium on uranium mining — spelling out continued uncertainty for the area’s juniors.
Linatex acquires Durex Products
Linatex and Durex Products, both geared towards production of rubber parts and other products for material processing, have made a deal to merge.
CGA Mining hires Leighton for Masbate gold mine
CGA Mining (CGA-T, CGAFF-O) has awarded a mining contract for its Masbate gold project in the Philippines to Australia’s Leighton Contractors.
Aker Kvaerner drops the Kvaerner, picks up Solutions
Development and engineer services provider Aker Kvaerner has changed its name to Aker Solutions.
Rosemont Copper enlists ABB for mill drives
Rosemont Copper, a subsidiary of Augusta Resource (AZC-T, AZC-X), has contracted ABB Switzerland to supply mill drives for the company’s Rosemont copper mine.
Homeland Energy picks mining contractor
South Africa-focused Homeland Energy Group (HEG-T, HMDEF-O) has awarded Moolman Mining a 3-year initial mining contract for its 74%-owned Kendal coal mine.