Editorial: AA+AL=Alcoan?
With U.S. aluminum giant Alcoa launching a hostile takeover bid for Alcan, Canada’s largest mining company, on May 7, it wasn’t hard coming up with the top mining story of the week ended May 12, the 1…
Articles by Northern Miner Staff
People (May 21, 2007)
Acero-Martin Exploration — Patrick McAndless, Barry Smee and Malcolm Swallow appointed to advisory board.
Denison posts loss in first quarter (May 21, 2007)
Higher operating costs left Denison Mines (DML-T, DNN-X) with a loss in the first quarter of 2007, despite high uranium prices.
Toronto Stock Exchange May 8-14
The TSX Composite Index surged past the 14,000 mark during the trading period of May 8-14, finishing with a 37.7-point gain at 13,903.28 points.
Exchange Rates (May 21, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Lending Rates (May 21, 2007)
as of 9 a.m. ET, May 14, 2007(%)
New discovery at San Anton
Although recent drilling at San Anton Resources’ (SNN-T, SNTRF-O) first regional target on its silver-gold property in Guanajuato state, Mexico, did not reach the Carmen vein system as planned, the co…
NAP outlines Shebandowan zones
An 8,400-metre drilling program at the Shebandowan mine, west of Thunder Bay, Ont., has defined three zones of mineralization west of the former nickel producer.
Lindsay to talk to Vancouver CIM (May 21, 2007)
Teck Cominco (TCK.B-T, TCK-N) president and CEO Donald Lindsay, one of the most recognizable faces in Canadian mining, will be the feature speaker at the next luncheon meeting of the Vancouver branch …
LME Warehouse Levels (May 21, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 14, 2007 (change from May 4 in brackets):
Daily Metal Prices (May 21, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Canadian Gold Mutual Funds (May 21, 2007)
Fund name May 14($) May 7($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 29.03 30.15 -1.12 -3.7 8.5 2.63 577.2 Altamira Pr & Str Mtl 13.01 13.36 -0.35 -2.6…