Axmin builds Passendro resource
Axmin (AXM-V, AXMIF-O) has been drilling non-stop at its Passendro gold project in the Central African Republic since the beginning of 2005 and its efforts are starting to pay off with a 17% boost in …
Articles by Northern Miner Staff
Looming Vale-Xstrata mega-merger shelved — for now
The thirteenth trading week of 2008, ending March 29, saw resource stocks adjust to wildly fluctuating bullion and financial markets as investors jumped around looking for safety and a hedge against U…
Brett signs Hammond Reef deal
VANCOUVER — An agreement signed with Kinross Gold (K-T, KGC-N) will allow Brett Resources (BBR-V, BBRRF-O) to earn 100% of the Hammond Reef gold project, in northwestern Ontario, from its joint-ventu…
People (April 07, 2008)
Alcoa– Donna Dabney appointed VP.
Hockey night in the mining industry
The crowd cheers and stock market discussions fade to a gentle murmur, the sound of skates cutting the ice resonating throughout the arena. Tension builds as the players take to their positions on the…
TSX SHORT POSITIONS (April 07, 2008)
Short positions outstanding at Mar. 15/08 (with changes from Mar. 1/08).
U. S. MARKETS MARCH 25-31
Signs that the credit market crisis may finally be unwinding buoyed markets in the U. S. over the March 25-31 trading session. With the companies hit hardest by the crisis beginning to see better fina…
Rockwell Diamonds goes big
SITE VISIT KIMBERLEY, SOUTH AFRICA–In the heat of the South African sun, a massive earth-moving exercise is in progress. A PC3000, one of the largest and most powerful excavators available,…
Terrane set to go with Mt. Milligan
VANCOUVER — Terrane Metals’ (TRX-V, TRXOF-O) Mt. Milligan is a go: a positive feasibility study for the mega copper-gold porphyry project in central British Columbia has Terrane envisaging production…
MagIndustries scores potash licence
MagIndustries (MAA-V, MAAFF-O) has nailed a 25-year licence to mine potash in the Republic of Congo in equatorial Africa.
CANADIAN GOLD MUTUAL FUNDS (April 07, 2008)
Featured Fund: TD Precious Metals top holdings, as of 10/29/07 (in weighted order): Goldcorp, Barrick Gold, Yamana Gold, Agnico-Eagle Mines, Harry Winston Diamond, Palmarejo Silver and Gold, Anglo Ame…
LENDING RATES (April 07, 2008)
as of 9 a. m. ET, April 1, 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 …