Cuatro Hermanos Drilling Positive
The first four holes on the Cuatro Hermanos copper-molybdenum project in Sonora state, Mexico, have intersected significant molybdenum mineralization along with low-grade copper.
Articles by Northern Miner Staff
Farallon Finds G-9’s Precious Pockets
Farallon Resources (FAN-T, FRLLF-O) has extended the southeastern zone of its G-9 polymetallic deposit, in Guerrero state, Mexico, after drilling 14 new holes at its Campo Morado project.
Ring Around the Double Eagle. . . and the Stocks Fall Down
McFauld’s Lake explorers watched their stock fall recently, after benefiting from Noront Resources’ (NOT-V, NOSOF-O) recent Double Eagle nickel discovery in the James Bay Lowlands of northern Ontario.
TSX Preferred and Exchangeable (October 08, 2007)
Falconbridge S2 Pr (FAL.PR.A-T) — Convertible at shldr’s optn and 14 days notice to one Series 3 preferred (FAL.PR.B-T) on five-year anniversaries from March 1/09.
Expanded Resource Improves Palmarejo Economics
Development economics for the Palmarejo silver-gold project in southwestern Chihuahua state, Mexico, point to combined open-pit and underground operations producing about 10 million oz. silver annuall…
As Silver Prices Rise, Excellon Shares Fall
At a time of rising silver prices, increased silver production from Excellon Resources (EXN-V, EXLLF-O) hasn’t been enough for it to curry favour with the market.
Endeavour Sorts Out Q2 Problems
Endeavour Silver’s (EDR-T, EXK-X) chief executive Bradford Cooke says that even though the company had to slash its growth forecast by half this year, it can still meet its 2009 goal to produce 5 mill…
Castle Gold Ramps Up El Castillo
After six weeks of preproduction, Castle Gold (CSG-V, CSGLF-O) has made the most of the soaring gold price by selling the first 450 oz. produced at its El Castillo mine, in Durango, Mexico, at an aver…
LME Warehouse Levels (October 08, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 1, 2007 (change from Sept. 24 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Oct. 2, 2007
Precious Metals Price (US$/oz.) Change Gold $735.75 +8.05 Silver $13.28 0.00 Platinum $1356.00 +20.00 Palladium $352.00 +12.00 Base Metals Price (US$/lb.) Change Nickel $13.64 -1.16 Lead $1.60 0.00 Copper $3.70…
Semafo Shaking Up Kiniero
Unsatisfactory production from the Kiniero gold mine in eastern Guinea has led Semafo (SMF-T, SEMFF-O) to put a new mining plan in place.
Axmin Finds New Gold at Passendro
As Axmin (AXM-V, AXMIF-O) finishes up a feasibility study for its Passendro gold project in the Central African Republic, it has come across several potential gold zones in the vicinity of the propose…