Synenco Makes Market Gains
News that capital costs are spiralling upwards at its Northern Lights project in the Alberta oilsands indirectly made Synenco Energy (SYN-T, SYEYF-O) one of the region’s largest market gainers in rece…
Articles by Northern Miner Staff
Golden Chalice Rises 543% on Nickel Hole
Vancouver — Coming out of nowhere, Golden Chalice Resources (GCR-V, GCRIF-O) rocketed up the stock charts recently, gaining 543% on a wide nickel intercept from its Langmuir project, just south of Ti…
No Market Reward for U3O8 Drill Results
Although the price of U3O8 has maintained its steady ascent, U3O8 (UWE-V, UTREF-O) — the company — watched its share price plummet 25% in one day recently, on the news that it intersected uranium in…
Resource nationalism
Among the challenges facing the mining industry in the 21st century is the resurgence of resource nationalism.
Bid-Ask — May 15-21, 2007
STOCK EXC BID ASK LAST HIGH LO Agau Res V 0.40 0.46 0.43 0.66 0.30 Allied Nevada T 5.31 5.49 5.35 6.50 4.50 Andean Res T 0.60 0.70 … 0.69…
Lending Rates (May 28, 2007)
as of 9 a.m. ET, May 21, 2007(%)
Grieco Brothers Killed in Plane Crash
Brothers Frank and Joe Grieco, principals of Oshawa, Ont.-crusher manufacturer PR Engineering, died in a small plane when it crashed attempting to land at an airstrip in Dunkirk, N.Y.
Syncrude Earns $713 Million in Q1
Syncrude Canada’s newest coker may have gotten off to a rocky start, but overall, the expansion of its Fort McMurray, Alta.-area oilsands project has resulted in a huge first-quarter gain in earnings …
Gold Reserve Closes US$164M Financing
Vancouver — Gold Reserve (GRZ-T, GRZ-X) has closed a US$164.2-million financing announced in early May, paving the way for construction to begin at its major holding, the Brisas gold-copper project i…
People (May 28, 2007)
Alma Res. — Clint Sharples appointed director.
Southern Arc Up After Typo Corrected
A typo on a press release outlining recent drill results on Southern Arc Minerals’ (SA-V, SOACF-O) West Lombok copper-gold property, in Indonesia, delayed an enthusiastic market reaction to news of a …
Producer and Dealer Prices (May 28, 2007)
Antimony: Mid-mkt US$5,345/t.