Inco slows nickel production in Indonesia
Dry weather has forced Inco (N-T, N-N) to cut weekly nickel output by about 130 tonnes at its Indonesia unit becaus…
Articles by Northern Miner Staff
Dragon hunts Tiberon
With its strong Vietnam focus, investment bank Dragon Capital Management has offered to buy Tiberon Minerals (TBR-T, TBMLF-O) for $251 million so it can help develop the Nui Phao fluorspar- tungsten m…
Glencairn works to get Nicaraguan gold projects on track
SITE VISIT Managua, Nicaragua — Toronto-based Glencairn Gold (GGG-T, GLE-X) has been growing recently, supplementing its original gold producer — the Limon mine in Nicaragua — with the La Libertad…
Teck Cominco sinks US$25M into Nautilus
Vancouver — Nautilus Minerals (NUS-V, NUSMF-O) has secured another major mining company financing, with Teck Cominco (TCK.B-T, TCK-N) putting US$25 million into the seafloor mineral explorer as part …
Editorial: Our 2006 Mining Person of the Year: Robert Friedland
The world’s top athletes, scholars, artists and gurus all talk one way or another about the importance of finding and then living in that narrow zone that exists at the very limits of your intellect a…
Ten Years Ago in the Northern Miner
Barrick poised to pounce on Busang
Aura Gold follows trail of Brazil’s garimpeiros
Few garimpeiros are seen these days near Aura Gold’s (ORA-T, AUGIF-O) newly acquired Cumaru gold project in north-central Brazil’s Para state — a dramatic contrast with the scene during a 1980s rush,…
Metallica in $30M bought deal
Vancouver — Metallica Resources (MR-T, MRB-X) has arranged a $30-million bought-deal financing that will allow it to continue development of its Cerro San Pedro gold-silver project in Mexico, as well…
Spot Prices Courtesy of Scotiabank Tuesday, Dec. 21, 2006
Precious Metals Price (US$/oz.) Change Gold $619.10 +3.10 Silver $12.42 -0.04 Platinum $1107.00 +16.00 Palladium $321.00 +6.00 Base Metals Price (US$/lb.) Change Nickel $14.83 +0.18 Lead $0.74 -0.04 Copper $2.91…
Producer and Dealer Prices (January 01, 2007)
Antimony : Mid-mkt US$5,375/t.
Exchange Rates (January 01, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Xstrata Nickel invests $5M in CEMI
Xstrata Nickel has invested $5 million in the Centre for Excellence in Mining Innovation (CEMI) at Laurentian University in Sudbury, Ont.