Queenston cuts new gold at Upper Beaver
Drill holes north of the established mineralization at the Upper Beaver gold property in Gauthier Twp., about 20 km east of Kirkland Lake, Ont., have intersected gold on two previously unknown mineral…
Articles by Northern Miner Staff
Bell taps copper at Sombrero Butte
Vancouver — Initial drilling by Bell Resources (BL-V, BZRSF-O) on its Sombrero Butte project in Pinal Cty., Ariz., has delivered a wide copper-mineralized interval.
Toronto Stock Exchange Nov. 14-20
A slide in the price of oil early in week pulled the S&P-TSX Composite Index lower, but a rally in the price of nickel and gold helped fuel a comeback as it finished the Nov. 14-20 period up 107.2…
UrAsia Secures uranium contracts in hot market
UrAsia Energy (UUU-V, UAEYF-O, UUU-L) recently announced five new agreements for uranium concentrates from its Akdala uranium mine in Kazakhstan — and then saw its share price drop.
Civil unrest gives way to fragile peace in Kyrgyzstan
While the signature of Kyrgyzstan’s president on constitutional reforms has — at least for the moment — quelled the raucous opposition gathering at the gates of the central Asian state’s parliament,…
Australia’s Western Areas backs Mustang at Maskwa (November 27, 2006)
Perth, Australia-based nickel miner Western Areas (WSA-T, WSA-A) is investing up to $5 million in Mustang Minerals (MUM-V, MSMGF-O), enough money to allow the Toronto-based junior to complete a feasib…
Lending Rates (November 27, 2006)
as of 4 pm ET, Nov. 20, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
Dividends (November 27, 2006)
Company Div. Pay Record ($) Date Date Alcoa 0.15* Nov 25 Nov 3 Noranda Incm Fd 0.085 Nov 27 Oct 31 Quest Capital 0.02 Nov 30 Nov 15 Phelps Dodge…
Freeport to swallow Phelps
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N) will create the world’s largest publicly traded copper company and the largest …
‘Conflict diamonds’ getting through loopholes
Commentary — The following was presented by De Beers chairman Nicky Oppenheimer earlier this year at the World Diamond Congress in Tel Aviv, Israel. De Beers, of course, is a…
Tribute’s Arrow holes hit mark (November 27, 2006)
Analytical results from two drill holes by Tribute Minerals (TBM-V, TBMIF-O) at the Garnet Lake property in northwestern Ontario have shown zinc and minor copper mineralization.
New Gold outlines deep zone at Afton
Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.