Highland sells loss-making Darasun mine
Highland Gold Mining (HGM-L) has sold its unprofitable Darasun mine in eastern Russia to a private mining company, Yuzhuralzoloto (Southern Urals Gold), for US$25 million.
Articles by Northern Miner Staff
U.S. Markets August 14-20
While earlier in the week, Wall Street was pondering how un-gentle the chairman of the Federal Reserve Bank, Ben Bernanke, could really be, the single most important figure on the U.S. financial scene…
TSX Venture Exchange August 14-20
Market mayhem hit the S&P-TSX Venture Composite Index over the Aug. 14-20 trading session, with the junior board falling 11.6% to finish the week off 334.43 points lower at 2,548.45. On Aug. 16, t…
Water Issues of Rising Concern for Mining in Australia
Special to the Northern Miner
Canadian Gold Mutual Funds (August 27, 2007)
Fund name Aug.20($) Aug. 13($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 24.75 27.80 -3.05 -11.0 -7.5 2.61 615.8 Altamira Pr & Str Mtl 10.71 12.05 -1.34 -11.1 -17.4…
Century wins latest court decision in Shahuindo battle (August 27, 2007)
There was little surprise for Sulliden Exploration (SUE-T, EXSDF-O) in the latest ruling by a Lima court concerning a dispute over the Shahuindo gold-silver property in Peru.
TVI Suffers From ‘Spreadsheet Errors’
TVI Pacific (TVI-T) says investors shouldn’t rely on its financial information from 2005, 2006 or the first quarter of 2007.
North American Stock Exchange Indices (August 27, 2007)
Date Aug. 20 Aug. 17 Aug. 16 Aug. 15 Aug. 14 High Low S&P/TSX-Ven Comp 2784.60 2885.88 2883.83 2934.22 3030.63 3372.00 2291.43 TSX Composite 13427.45 13466.28 13478.01 13758.19 13560.57 14646.82…
Mongolian ruling thumps Khan, Western Prospector (August 27, 2007)
Vancouver — An abrupt ruling by the Mineral and Petroleum Resources Authority of Mongolia deeming certain exploration licences held by Khan Resources (KRI-T, KHRIF-O) and Western Prospector Group (WN…
International Quotes (August 27, 2007)
Australia (A$) Aug 13 Aug 6 Change Bendigo Mining 0.32 0.32 0.00 Centamin Egypt 1.25 1.25 0.00 Emperor Mines 0.10 0.12 -0.02 Kingsgate Cons. 5.00 4.75 0.25 Lion Selection Ltd…
Spot Prices Courtesy of Scotiabank Tuesday, Aug. 20, 2007
Precious Metals Price (US$/oz.) Change Gold $655.50 -11.85 Silver $11.67 -1.09 Platinum $1243.00 -30.00 Palladium $326.00 -25.00 Base Metals Price (US$/lb.) Change Nickel $11.86 -0.74 Lead $1.33 -0.08 Copper $3.20…
Southern Arc takes on abandoned Indonesia (August 27, 2007)
As junior mining companies across the world gripe about lab delays and equipment shortages caused by the so-called “super-cycle,” Southern Arc Minerals (SA-V, SOACF-O) is a little more relaxed in sunn…