Disappointing Q2 for First Quantum
Record rainfall, higher costs and a fall in net sales sent First Quantum Minerals (FM-T, GQVLF-O) second-quarter profits tumbling to US$123.1 million (US$1.83 per share), down 18% from the correspondi…
Articles by Northern Miner Staff
Redcorp, New Gold rattled by credit market disruptions (August 27, 2007)
Vancouver — News from Redcorp Ventures (RDV-T, RDFVF-O) that a portion of its $240 million in cash investments was in trusts affected by the global credit market crunch sent the company’s stock plumm…
Golden Star backs up Bogosu power (August 27, 2007)
Golden Star Resources (GSC-T, GSS-X) has contracted for a 20-megawatt power station to be built at its Bogosu-Prestea gold mine complex in central Ghana, and will buy at least half of the plant’s capa…
TSX Rights and Warrants (August 27, 2007)
Agnico Eagle Mines (AEM.WT.U) — Wt buys sh @ US$19 to Nov 14/07.
Lending Rates (August 27, 2007)
as of 9 a.m. ET, August 14, 2007(%)
Pediment jumps on gold results from Mexico (August 27, 2007)
Vancouver — A trio of strong drill results from the San Antonio gold project, in Mexico, bumped shares of Pediment Exploration (PEZ-V, PEZFF-O) up as much as 46% last month.
Barrick buys more of Porgera
Barrick Gold (ABX-T, ABX-N) has bought Emperor Mines'(EMPMY-O, EMP-A) 20% stake in the Porgera gold mine, in Papua New Guinea, for US$250 million, bringing Barrick’s interest to 95%.
GobiMin sees record earnings in Q2
China-focused junior producer GobiMin (GMN-V) saw a healthy second quarter this year, with record revenue at its Ye…
Earnings: GobiMin, Lexam, Nordex, Plato, Primary Metals, Whitemud
Earnings Summary from CNW Group. All figures in thousands except per-share figur…
Sherritt International completes major debt financing for Madagascar project
A US$2.1 billion debt financing deal has just brought Sherritt International (S-T) one step closer to mining nickel…
Tamerlane to revive Pine Point mine
Vancouver – Tamerlane Ventures (TAM-V) is poised to develop a new mine on the site of the most successful Canadian …
One hole good enough for Sheffield
Good results from just one drill hole were enough to lift Sheffield Resources (SLD-V) on the market on Aug. 24.Th…