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
Teck Cominco and the Big Payout
Kalgoorlie, Western Australia — Executives of Teck Cominco (TCK.B-T, TCK-N) virtually sat on the doorstep of Rudi Gomez’s suburban residence in Adelaide to ensure a deal would be struck with this eng…
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.
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…
CNQ Trading — Aug 14-20, 2007
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Bison Gold Exp BGEI 70 0.12 0.12 0.12 0.00 0.60 0.10 CDG Invest CDGI 412 0.02 0.02 0.02 0.00 0.065 0.01…
Earthquake claims 540 in Peru
As rescuers continue to recover bodies from the rubble after a devastating earthquake struck Peru in mid-August, Pan American Silver (PAA-T, PAAS-Q) temporarily suspended its underground operations un…
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…
Exchange Rates (August 27, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug. 20 Aug. 17 Aug. 16 Aug. 15 Aug. 14 US$ in C$ 1.0541 1.0614 1.0753 1.0778 1.0535 C$ in US$ 0.9495…
High-grade copper at Moonlight
Vancouver — The first three drill holes by Sheffield Resources (SLD-V, SLDOF-O) on the Engels mine area of its Moonlight copper property, in northern California’s Plumas Cty., have cut into a zone of…