Caledonia gets resource for Nama project
Caledonia Mining Corporation (CAL-T, CALVF-O, CMCL-L) released its first national instrument 43-101 compliant indic…
Articles by Northern Miner Staff
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 rema…
Diagem thinks pink in Brazil (March 19, 2007)
Vancouver — Junior diamond hunter Diagem (DGM-V, DGMRF-O) has bought a 9.3-carat pink diamond recovered by an artisanal miner, or garimpeiro, on its Property 370/98 in Mato Grosso state, Brazil.
Zinifex shaves Wolfden bid
The bid for Wolfden Resources (WLF-T, WLFFF-O) by Australian zinc producer Zinifex (ZFEXF-O, ZFX-A) will see an extended exclusive negotiation period, following discussions between the two companies.
Trigon to acquire six Utah uranium mines (March 19, 2007)
Vancouver — Broadening its foray into the uranium field, the recently renamed Trigon Uranium (TEL-V, TELWF-O) is moving to grab six past-producing uranium mines in the White Canyon mining district of…
U.S. Markets March 6-12
Stock markets south of the line made good gains during the reporting period March 6-12, as the Standard & Poor’s 500 Index rose 32.48 points, or 2.4%, to 1,406.60.
Denison studying open pits at McClean, Hairhan
While chewing on two acquisitions, Denison Mines (DML-T, DNMIF-O) is digesting new resource estimates for the McClean Lake and Hairhan uranium deposits in Saskatchewan and Mongolia, respectively.
Mena raises $72M, Rusoro takes over
Vancouver — Soon after closing a $72-million brokered private placement, gold explorer Mena Resources was absorbed by project partner Rusoro Mining (RML-V, RMLFF-O) in a pre-arranged merger deal.
Eastmain increases resources with new James Bay property (March 19, 2007)
Somewhat fittingly, Eastmain Resources (ER-T, EANRF-O) has acquired the Eastmain Mine copper-gold-silver property in Quebec’s James Bay region from MSV Resources, a wholly owned subsidiary of Campbell…
Indonesian drilling encourages Southern Arc (March 19, 2007)
Vancouver — Scout drilling by Southern Arc Minerals (SA-V, SOACF-O) at its West Lombok property on Lombok Island, Indonesia, is indicating a number of exten-sively gold-mineralized breccia vein syste…
Daily Metal Prices (March 19, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Exchange Rates (March 19, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)