Quimsacocha resource grows (October 30, 2006)
The last season of drilling at the Quimsacocha gold deposit in southern Ecuador has expanded the resource on the project by 21% and established that high-grade mineralization is continuous between the…
Articles by Northern Miner Staff
New zone shaping up at Jaguar Mining’s Turmalina
Drilling by Jaguar Mining (JAG-T, JAGNF-O) on a target near its Turmalina gold project in Brazil shows potential to increase resources on the property and extend the mine life.
Toronto Stock Exchange October 17-23
Royal Dutch Shell’s offer to buy Shell Canada fuelled speculation of more mergers and acquisition activity in the oil sector over the Oct. 17-23 trading session, leading to a 57.61-point gain on the T…
U.S. Markets October 17-23
There was much enthusiasm over the Oct. 17-23 trading session, as the Dow Jones Industrial Average closed above the 12,000 mark for the first time — and it did so on the anniversary of Black Monday, …
TSX Venture Exchange October 17-23
Renewed buoyancy was evident in the junior mining-dominated S&P-TSX Venture Composite Index last week, which turned in a gain of 39.09 points over the Oct. 17-23 trading session to close at 2,461….
LME Warehouse Levels (October 30, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 23, 2006 (change from Oct. 16 in brackets):
St Andrew buys Holloway assets from Newmont
St Andrew Goldfields (SAS-T, SASXF-O) has agreed to buy subsidiary Holloway Mining from Newmont Mining (NMC-T, NEM-N), moving the Holloway and Holt-McDermott mines and a large land package into the St…
Buffalo Gold cuts more Mount Kare high-grade
Vancouver — Buffalo Gold’s (BUF.U-V, BYBUF-O) Mount Kare project in Papua New Guinea continues to deliver wide, high-grade gold intercepts in the latest drilling on the North-Western Roscoelite zone …
Canadian Gold Mutual Funds (October 30, 2006)
Fund name Oct 23($) Oct 16($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 22.72 22.66 0.06 0.3 39.2 2.68 407 Altamira Pr & Str Mtl 10.89 10.88 0.01 0.1…
International Quotes (October 30, 2006)
Australia (A$) Oct 23 Oct 16 Change Bendigo Mining 0.98 1.00 -0.02 Centamin Egypt 0.67 0.65 0.02 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.38 0.33 0.05 Kingsgate Cons. 4.00…
Campbell offering held up
A rights offering by Campbell Resources (CCH-T, CBLRF-O) to assist the restructuring of the financially troubled company is ready, its final prospectus having been approved by securities regulators. B…
Cigar Lake flooded
Vancouver — Mine development at Cameco’s (CCO-T, CCJ-N) 50%-owned Cigar Lake uranium project in the Athabasca basin of northern Saskatchewan was dealt a blow recently, when a rock fall caused major f…