Scorpio finds promising zone
The Nuestra Senora polymetallic deposit in Sinaloa state, Mexico, continues to shape up as an underground mine-to-be for Scorpio Mining (SPM-T, SMNPF-O).
Articles by Northern Miner Staff
Dividends (November 19, 2007)
Company Div.($) Pay Date Record Date Goldcorp 0.015* Nov 23 Nov 16 Alcoa 0.17 Nov 25 Nov 2 Noranda Income Fund 0.085 Nov 26 Oct 31 Grupo Mexico 1.10* Nov…
Exchange Rates (November 19, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Empire now a mining company, eyes Turkish copper
Vancouver-based capital pool company Empire Mining (EPC-V) has completed the qualifying transaction it first announced in mid-September, with Global Securities acting as sponsor.
New gold zone at Juby (November 19, 2007)
Drilling by Temex Resources (TME-V, TMXRF-O) at its Juby joint-venture property, 20 km west of Gowganda, Ont., has discovered new gold mineralization on the deposit.
Newmont reports solid results (November 19, 2007)
Higher metal prices helped buoy third-quarter results for gold heavyweight Newmont Mining (NMC-T, NEM-N).
Vior outlines Douay resource
A new resource calculation for Vior Mining Exploration (VIO-V) has doubled the size of the Douay gold deposit, about 60 km south of Matagami, Que.
Taunus resource by March: Oro
Oro Gold Resources (ORG-V, OGRSF-O) says that drill results from its Taunus resource expansion program in Sinaloa, Mexico, are prompting the company to expand its 2,000-metre program.
Silver Wheaton grabs interest in Mines Management (November 19, 2007)
Vancouver — Silver Wheaton (SLW-T, SLW-N) is dipping into the silver deposit basket again, this time pulling out an 11% interest in Mines Management (MGT-T, MGN-X) for a purchase price of US$10 milli…
Artisanals point the way for African Gold Group
Miners have long been divided about artisanal miners working their concessions. Although the activity can at times lead to conflict, artisanals are widely credited with providing free — if inadverten…
Pinetree loads up on McFaulds Lake juniors
Vancouver — After recently closing a $72-million financing, Toronto-based junior investment and merchant banking firm Pinetree Capital (PNP-T, PNPFF-O) has loaded up on shares of several junior minin…
Aurora drilling adding to resources (November 19, 2007)
Drilling by Guyana Goldfields (GUY-T, GUYFF-O) at the Aurora gold project in north-central Guyana has indicated extensions beyond the recently calculated resources on the Rory’s Knoll and Aleck Hill z…