TSX Venture Exchange April 10-16
The 5-day trading session ended April 16 was another period of furious gains in the junior resource sector, as evidenced by the TSX Venture Exchange Index closing at a strong 3,348.73, up 66.1 points …
Articles by Northern Miner Staff
U.S. Markets April 10-16
The stock markets in the United States saw steady gains during the trading period April 10-16, the same week the International Monetary Fund released an economic forecast that predicted the U.S. econo…
Uranium Resuscitates Icon
Icon Industries (ICN-V) has neither a geologist nor a website, and its new uranium property, in the Otish basin of Quebec, has no name, but the market’s recent infatuation with uranium has forced the …
Solex Seeks Yellowcake in ‘Athabasca Basin of Peru’
It was the Pilunani belt, an area of past silver, zinc and lead production that originally interested Vancouver-based junior Solex Resources (SOX-V, SLXRF-O) in Peru. But while the company did acquire…
Why Chubut’s Treasures May Stay Buried
Santiago, Chile — The windswept steppes of Chubut in southern Argentina hide some of the country’s most promising deposits of minerals, including gold, silver and uranium. But local opposition to min…
U.S. Uranium Auction Breaks US$100 Barrier
Vancouver — Spot uranium prices, having recently broken through the US$100-a-lb. barrier, should continue to rise as utilities and U.S. hedge funds scramble to buy up available supplies of the radioa…
Restless SXR Uranium One Steps Up the Pace
SXR Uranium One (SXR-T, SXRFF-O) has come a long way in less than two years; formed at the end of 2005 with the aim of becoming a senior uranium producer, the company is closing in on its goal with a …
Lead Poisoning Shuts Down Ivernia Mine
A lead poisoning investigation in a southwestern Australia port town has left lead miner Ivernia (IVW-T, IVWFF-O) with no choice but to stop production at its Magellan mine for three to four months un…
New Horizons: Andrews Takes Up Landscaping
Prospectors and Developers Association of Canada (PDAC) executive director Tony Andrews is chairing an international group that is taking a world-view look at Integrated Landscape Management (ILM).
Exchange Rates (April 23, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Spot Prices (April 23, 2007)
Courtesy of Scotiabank
Uranium Binge for Spruce Ridge
Spruce Ridge Resources (SHL-V) is patiently waiting for Newfoundland’s spring break-up to pass so it can begin a 2,700-metre drill program on its two uranium properties.