Camec caves on Katanga bid
Central African Exploration and Mining Co. (Camec) (CEAMF-O, CFM-L) did the expected last week when it withdrew its all-share offer for Toronto Stock Exchange-listed Katanga Mining (KAT-T, KATFF-O).
Articles by Northern Miner Staff
Tabakoto to shut down (September 17, 2007)
Nevsun Resources (NSU-T, NSU-X) has announced it will mothball the Tabakoto gold mine in western Mali, citing low grades and poor operating performance.
Aussies to invade Nova Scotia
Minotaur Exploration (MEP-A) announced recently that it has been granted 250 exploration licences covering more than 2,800 sq. km of prospective copper-gold ground along the Cobequid-Chedabucto fault …
Canadian Gold Mutual Funds (September 17, 2007)
Fund name Sept. 10($) Aug. 27($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 27.42 25.64 1.78 6.9 2.5 2.61 615.8 Altamira Pr & Str Mtl 11.73 11.22 0.51 4.5…
Cameco closes deal with Western Uranium (September 17, 2007)
Vancouver — Cameco (CCO-T, CCJ-N) and Western Uranium (WUC-V, WURNF-O) have closed a partnership deal that sees the major investing $21.2 million in the junior.
Great Western picks up stake in Utah rare earths property
Rare earth elements may not be as sexy as gold or silver, but they are quietly involved in powering everything from iPods and flat-screen televisions to hybrid cars, digital cameras, and jet fighter e…
LME Warehouse Levels (September 17, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 10, 2007 (change from Sept. 3 in brackets):
High-grade gold at Three Bluffs
Vancouver — The initial batch of assays from drilling at Committee Bay Resources’ (CBR-V, CBYRF-O) Three Bluffs deposit, in Nunavut, has returned some significant gold grades over good widths.
De Beers does diamonds deal with NWT gov’t
De Beers Canada says it will make 10% of its diamonds from the Gahcho Ku project in the Northwest Territories for sale to approved manufacturers who have met the criteria set by the Diamond Trading C…
Nokomis expands to south
Duluth Metals (DM-T, DULMF-O) has intersected more copper, nickel and platinum group element mineralization on its Nokomis deposit, on the Maturi Extension project in northeastern Minnesota.
Noront soars higher on Double Eagle
Vancouver — Following a meteoric share price rise based on visual mineralization in a couple of recent drill intercepts from its Double Eagle project, in northern Ontario’s James Bay Lowlands, Noront…
Correction (September 17, 2007)
In the Commentary “R. v. Felderhof — an industry post-mortem” (T.N.M., Aug. 13-19/07) we incorrectly stated that the defence’s expert witness, the late Terry Leach, “was also the only witness suspect…