TNM’s 2007 mining persons of the year: Agnico-Eagle’s Boyd and Scherkus
No company better embodies the spirit of Canada’s plucky gold mining sector today than Toronto-based Agnico-Eagle M…
Articles by Northern Miner Staff
LME Warehouse Levels (December 24, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 10, 2007 (change from Dec. 3 in brackets):
Goldcorp building Penasquito bigger, sooner
Vancouver — Goldcorp (G-T, GG-N) is expanding the Penasquito mine in Mexico before it’s even built, announcing a plan to increase mill throughput by 30% and accelerate the project development schedul…
Western Cdn Coal lines up $40M
Vancouver — In urgent need of dollars, Western Canadian Coal (WTN-T, WTN-L) has completed a $40-million financing to avert a cash crunch following its recent quarterly loss of almost $44 million.
GFMS: silver to rise in 2008
METALS COMMENTARY
Constellation Copper stops mining at Lisbon Valley
The troubled Lisbon Valley copper project in southeastern Utah will shut down mining in early 2008, converting to a leach-only operation.
Canadian Gold Mutual Funds (December 24, 2007)
Fund name Dec. 17($) Dec. 10($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 26.44 29.00 -2.56 -8.8 -1.2 2.61 644 Altamira Pr & Str Mtl 11.64 12.85 -1.21 -9.4…
International Quotes (December 24, 2007)
Australia (A$) Dec 17 Dec 10 Change Bendigo Mining 0.32 0.34 -0.02 Centamin Egypt 1.28 1.35 -0.07 Emperor Mines 0.07 0.07 0.00 Kingsgate Cons. 4.30 4.48 -0.18 Lion Selection Ltd…
Exchange Rates (December 24, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (December 24, 2007)
Company Div.($) Pay Date Record Date Goldcorp 0.015 Dec 28 Dec 21 Newmont Mining 0.10* Dec 28 Dec 7 Hecla Mining 0.875* Jan 1 Dec 14 Iamgold 0.06* Jan 11…
Castillian expands nickel-copper deposit
Due to lab delays, Castillian Resources (CT-V, CTIIF-O) may have to wait until the beginning of 2008 for a resource estimate on its Las Aguilias nickel-copper-platinum group element project, in Argent…
Mine life, costs grow at Hard Creek’s Turnagain
Vancouver — An updated preliminary assessment for Hard Creek Nickel’s (HNC-V, HNCKF-O) Turnagain nickel deposit in northern British Columbia points to the economic potential of an open-pit operation …