Molycor hits magnesium in Nevada
On a day when markets around the world tumbled on news of a Bear Stearns (BSC-N) fire sale, Molycor Gold (MOR-V, MLYFF-O) managed to carve out some slim gains based on drill results from its operation…
Articles by Northern Miner Staff
Gold-Ore boosts Bjorkdal resource (March 24, 2008)
Gold-Ore Resources (GOZ-V, GREXF-O) has more than doubled gold ounces in the measured and indicated category at its Bjorkdal mine in Sweden.
Diamonds North rises on Tuktu results;Diamonds North rises on Tuktu results
VANCOUVER — High initial diamond counts from additional pipes at Diamonds North Resources’ (DDN-V, DDNFF-O) Tuktu kimberlite cluster on its Amaruk property, Nunavut, gave the gem hunter a significant…
Fragile finances imperil Constellation Copper (March 24, 2008)
Troubled Constellation Copper (CCU-T, CCUDF-O) may have to file for protection from creditors in Canada and the United States if its cash liquidity problems aren’t eased.
Silver Standard boosts Snowfield gold tally (March 24, 2008)
VANCOUVER — Silver Standard Resources (SSO-T, SSRI-Q) has significantly increased gold resources at its Snowfield project, located 40 km north of Stewart, B. C.
SEC cracks down on hijacking (March 24, 2008)
Paramount Gold and Silver (PZG-T, PZG-X) is one of 26 companies that have been temporarily suspended by the U. S. Securities and Exchange Commission for allegedly hijacking the identities of defunct o…
Western Canadian Coal to acquire Falls Mountain
Close on the heels of completing a $40-million private placement of convertible debentures late last year, Western Canadian Coal (WTN-T, WTN-L) says it is set to acquire Cambrian Mining’s (CGIIF-O, CB…
Eldorado inks iron ore deal with BHP
VANCOUVER — Eldorado Gold (ELD-T, EGO-X) has signed an agreement to sell future iron ore production from its 75%-owned Vila Nova project, in northern Brazil’s Amapa state, to mining giant BHP Billito…
Pencari quietly builds Madagascar holdings;Pencari quietly builds Madagascar holdings
About 15% of the land available for mining in Madagascar is unclaimed and it’s going fast, the country’s minister of energy and mines, Elyse Razaka, told The Northern Miner during an interview at the …
The uranium bottleneck
Be prepared for continued volatility in the uranium market this year, but don’t expect the crazy price jumps of 2007, warned Ux Consulting senior vice-president Eric Webb at the recent Prospectors and…
Minco Gold releases resource for Changkeng
Drive for half an hour southwest of Guangzhou — China’s fourth-largest city of 13 million people, across the border from Hong Kong — and you’ll come across the Changkeng gold project, where Minco Go…
TSX VENTURE EXCHANGE (March 24, 2008)
U. S. credit market woes trumped gold’s recent surge through the US$1,000-per-oz. threshold, prompting a 99.44-point slide in the S&P-TSX Venture Composite Index, which closed the March 11-17 trad…