Skye falls on $80 million offering news
Vancouver – News that Skye Resources (SKR-T) is planning to kickstart development of its Fenix nickel project in Gu…
Articles by Northern Miner Staff
UEX sees more high-grade uranium from Shea Creek (November 21, 2006)
Vancouver – Further high-grade uranium values were encountered in drilling by UEX Corporation’s (UEX-T, UEXCF-O) jo…
Western Goldfields buys fleet for California mine
Now that US$60.9 million in fleet equipment has been ordered for the Mesquite gold mine in Imperial County, Califor…
Short Position Report (November 21, 2006)
TSX Short PositionsTSX Short Positions
Freeport and Phelps set to become world’s copper giant
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N…
Lake Shore boosts Timmins West resource
Vancouver – Lake Shore Gold (LSG-T, LSGGF-O) delivered a significant resource increase at its Timmins West project …
Norilsk buys OMG’s nickel business
Cleveland-based OM Group (OMG-N) has decided to sell its nickel business for US$408 million to Russia’s Noril…
Nuinsco Looking at Nickel Spinoff by Year-End
Plans by Nuinsco Resrouces (NWI-T, NUIRF-O) to set up a separate company to hold its nickel assets should harden into a formal plan of arrangement this quarter, the company announced in its quarterly …
Barrick Waives Minimum Tender Condition in NovaGold Bid
Vancouver — With about 20.6 million shares of NovaGold Resources (NG-T, NG-X) deposited under Barrick Gold’s (ABX-T, ABX-N) US$16.00-per-share hostile bid, the gold major has waived the 50.1% minimum…
Anglo Investing US$25 Million in Nautilus for 11.5% Stake
Vancouver — Nautilus Minerals (NUS-V, NUSMF-O) plans a US$68.5-million financing and has lined up mining giant Anglo American (AAUK-Q, AAL-L) to bankroll 36.5% of the deal.
Return of Ortega in Nicaragua Chills Miners
Vancouver — The return to power of former Marxist guerilla leader Daniel Ortega in Nicaragua has sent a chill through a small community of Canadian mining companies with operations in the Central Ame…
Canadian Gold Mutual Funds (November 20, 2006)
Fund name Nov 13($) Nov 6($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 25.13 24.71 0.42 1.7 54.0 2.68 440 Altamira Pr & Str Mtl 12.08 11.88 0.20 1.7…