Serengeti sees sell-off on latest intercepts
Vancouver — The final batch of assays from Serengeti Resources’ (SIR-V, SGRNF-O) spring 2007 drill campaign on its Kwanika project prompted a 35% drop in the company’s share price as investors sold o…
Articles by Northern Miner Staff
Cream rises on Manitoba nickel intercept (July 30, 2007)
Vancouver — Cream Minerals’ (CMA-V, CRMXF-O) first test hole on its Wine-Radar Lake property, in northern Manitoba, has delivered promising results, cutting 20.4 metres of 1.3% nickel and 2.27% coppe…
Mansfield’s Lindero project ‘made to be mined’
SITE VISIT Salta province, Argentina — Described by a Mansfield Minerals (MDR-V, MFMNF-O) geologist as “made to be mined,” the company could be onto something big with its Lindero porphyry…
More moly at Jersey-Emerald
Vancouver — Sultan Minerals’ (SUL-V, SLMLF-O) underground drill effort at its Jersey-Emerald project, located near Salmo in southeastern B.C., has returned further wide, high-grade molybdenum-mineral…
Gem Diamonds bids for Kimberley (July 30, 2007)
Up-and-comer Gem Diamonds (GEMD-L) of the U.K. has tabled a friendly A70-per-share cash offer for Perth-based Kimberley Diamond Co. (KDC-L, KIM-A), valuing the Aussie junior producer at A$300-million…
Editorial: No, Boka’s not another Busang
A little more than a decade after Bre-X Minerals’ Busang sample salting fiasco, the junior mining industry was hit with another serious case of alleged assay manipulation with news that Southwestern R…
People (July 30, 2007)
Adanac Moly — Investor relations representative Michael Alexander passed away.
Toronto Stock Exchange July 17-23
A week after serving as the playing field for the largest takeover in mining history — with Rio Tinto announcing it was acquiring Alcan — the TSX Composite Index proved it still had some legs, risin…
LME Warehouse Levels (July 30, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 23, 2007 (change from July 16 in brackets):
U.S. Markets July 17-23
Weak earnings reports just barely overpowered good inflation news in United States stock markets during the period July 17-23, as the Standard & Poor’s 500 Index fell 0.5% to 1,541.57 points. That…
TSX Venture Exchange July 17-23
Although gold surged to an 11-week high over the July 17-23 trading session, the S&P-TSX Venture Composite Index only managed an 18.31-point gain, closing at 3,322.76. Average daily trading volume…
TSX Venture Short Positions (July 30, 2007)
Short positions outstanding at July 15/07 (with changes from June 30/07).