HudBay ordered to give 777 records to Callinan (March 31, 2008)
A Manitoba court has ruled that HudBay Minerals (HBM-T, HBMFF-O) must provide Callinan Mines (CAA-V, CCNMF-O) with …
Articles by Northern Miner Staff
Metallica Resources, New Gold and Peak Gold unite in Axis of Equals
Question: What do you get when three junior gold producers jump into bed together? Answer: A globally diversified i…
Belvedere hikes reserves at Hitura mine in Finland
When Belvedere Resources (BEL-V) acquired its 100%-owned Hitura nickel mine in Finland six months ago, it had about…
SouthGobi gets green light to start Mongolian coal mine
The government of Mongolia has given the final go-ahead to SouthGobi Energy Resources (SGQ-V) to start mining at …
EXCHANGE RATES (March 31, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date March 24 March 21 March 20 March 19 March 18 US$ in C$ 1.0203 Holiday 1.0269 1.0028 0.9938 C$ in US$…
Mine safety programs paying off, says OMA
Ontario’s mining industry has improved safety drastically over the past decade, according to the Ontario Mining Association (OMA).
TSX VENTURE EXCHANGE MARCH 18-24
The S&P-TSX Venture Composite Index followed gold, oil, and the Canadian dollar over the March 18-24 trading session, falling 82.94 points or 3.2% to close at 2,481.75 on Easter Monday. Average da…
LME WAREHOUSE LEVELS (March 31, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 25, 2008 (change from March 11 in brackets):
PRODUCER AND DEALER PRICES (March 31, 2008)
Antimony: Mid-mkt US$5,800/t. Bismuth: Mid-mkt US$16.25/lb. Cadmium: Mid-mkt US$4.05/lb. Coal:EIA Central Appalachian thermal, US$84.35/T; Powder River Basin thermal, US$14.20/T; Northern Appalachian, US$80.00; US EIA Sept. metallurgical, US$104.80/t. NYMEX Powder River…
Sherritt offers $704M for Royal Utilities
Royal Utilities Income Fund (RU. UN-T) shares surged 20% after Sherritt International (S-T, SHERF-O) announced plans to buy out Canada’s largest thermal coal producer for $704 million.
Geologix cuts strong grades at San Agustin
VANCOUVER — The polymetallic San Agustin deposit in Durango, Mexico, continues to demonstrate its growth potential for Geologix Explorations (GIX-V, GXEXF-O) in advance of a resource estimate due out…
2007: A record year for mining mergers
VANCOUVER — Mining industry mergers and acquisitions soared to record levels in 2007, fuelled by a new corporate philosophy of “eat or be eaten,” plus an effort to stay competitive in the growing glo…