Freeport, Phelps Deal Wins Vote
Freeport-McMoRan Copper & Gold (FCX-N) and Phelps Dodge (PD-N) have completed their merger after shareholders voted in favour of the proposed combination of the two companies.
Articles by Northern Miner Staff
Editorial: Nickel Zooms to All-Time High
The trading week ended March 16, the eleventh of the year, was highlighted by record nickel prices, which have jumped six-fold in the past five years in response to nagging supply constraints and surg…
CNQ Trading March 13-19, 2007
STOCK TICKER VOLUME(100s) HIGH LOW LAST CHANGE HIGH LOW Bannockburn Res BKNN 174 4.00 4.00 4.00 0.00 4.00 0.36 Bird River Mines BRMI 100 0.10 0.10 0.10 – 0.05 0.18…
Platmin Drill Holes Validating Resource
Detailed drilling on targets in the Bushveld igneous complex by Platmin (PPN-T, PPN-L) has confirmed earlier drilling that intersected high-grade platinum group mineralization at the M’Phatlele proper…
Facts ‘N’ Figures: Hordes Hoarding Gold
Investors added 43.5 million oz. gold to their collective holdings in 2006, down slightly from 46.7 million oz. in 2005, but still far above pre-2001 levels. Investors are projected to add another 39….
New Horizons: Costly Hot Air
Special to the Northern Miner
Suppliers News (March 26, 2007)
Fasken Martineau Continues Expansion
Breakwater Bullish on Zinc Market
With a global shortage in zinc production, this summer is an ideal time for Breakwater Resources’ (BWR-T, BWLRF-O) Langlois mine, 213 km north of Val d’Or, Que., to restart commercial production.
Expensive Cigar to Be Lit Up in 2010
The Cigar Lake uranium project will go over $1 billion thanks to delays and changes to the project design, but remains economic, says operator Cameco (CCO-T, CCJ-N).
Coeur’s Kensington Kiboshed
Vancouver — Coeur d’Alene Mines (CDM-T, CDE-N) has been hit with an appeals court ruling that effectively revokes permitting for the use of a lake as a tailings facility at its Kensington gold mine, …
LionOre makes $1B in 2006
Year-end results from LionOre Mining International (LIM-T, LOR-L, LIM-A) show revenue of US$968 million, more than double that of 2005.
Bid-Ask — March 13-19, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.35 0.55 0.33 0.45 0.265 Aguila Am Res V 0.44 0.495 0.50 0.54 0.17 Anglo-Bomarc V 0.135 0.16 0.135…