Strike at Inmet’s Ok Tedi shortlived
A strike at Inmet Mining’s (IMN-T, IEMMF-O) Ok Tedi copper-gold mine, in Papua New Guinea, lasted only four days, with workers agreeing to go back to work at the project on March 15.
Articles by Northern Miner Staff
Peak Gold earns $14.6M in first year
After buying two operating mines in April last year, Peak Gold (PIK-V, PIKGF-O) raked in net earnings of US$14.6 million, or 3 per share, for the thirteen months ended Dec. 31, 2007.
Sierra Leone yields early results for Cream Minerals
Cream Minerals (CMA-V, CRMXF-O) has netted 46 diamonds in the first four days of operations on its Sewa River exploration licence in Sierra Leone.
TORONTO STOCK EXCHANGE (March 24, 2008)
Any gains over the March 11-17 trading period were shortlived after many Canadian stocks retreated on news of a fire sale south of the border — JPMorgan Chase agreed to buy Bear Stearns for less than…
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…
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.
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…