Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, May 29, 2012 Precious MetalsPrice…
Articles by Northern Miner Staff
Clifton Star adds the ounces at Duparquet
Junior explorer Clifton Star Resources (CFO-V) has seen its extensive resource drilling efforts pay off, with the company delineating a multi-million ounce, open-pit indicated gold resource at its Duparquet project in northwestern…
TSX Venture Exchange
The S&P/TSX Venture Composite Index clawed back much of the steep losses it had suffered the week prior, gaining 81.39 points to end the period at 1,309.27 points after four days of straight gains. The gains came despite fairly low volumes,…
Mineral Mountain enters deal with Holy Terror in Homestake belt
VANCOUVER — Mineral Mountain Resources (MMV-V) is betting that the legendary Homestake gold belt still has some life left in it.
Copper Fox adds tonnes to Schaft Creek while waiting for economics
VANCOUVER — Copper Fox Metals’ (CUU-V) 70%-owned Schaft Creek deposit is even bigger now thanks to a resource update, but it will still be months before its known how feasible the project actually is.
Letter to the editor: Bismuth’s not bad at all
An article in the April 30-May 6, 2012, issue of The Northern Miner discussed the European Union’s ban on the use of lead in products sold in Europe and the resulting use of tin, silver and bismuth in solder for electronics to reduce…
Mawson Resources hits 6 metres grading 617 grams gold in Finland
VANCOUVER — Mawson Resources’ (MAW-T) share price has spiked after releasing a bonanza-grade hit from its Rompas property in northern Finland.
Edgewater outlines Ghana resource as it focuses on Spain
VANCOUVER — Edgewater Exploration (EDW-V) has released a maiden resource on its Enchi gold project in Ghana as it continues to push forward with its flagship Corcoesto gold project in Spain.
Thompson Creek provides the lowdown on Mt. Milligan
VANCOUVER — As the old adage goes, it tends to always be darkest before the dawn, and that seems an apt description for Colorado-based molybdenum (moly) player Thompson Creek Metals (TCM-T, TC-N). The company is bulling through a stage of…
[Update] Alexis is set for change
Alexis Minerals (AMC-T) looks to redeem itself by restarting the Snow Lake gold project in Manitoba with the help of a much needed financing.
Cline Mining sues B.C. government for $500 million
VANCOUVER — Cline Mining (CMK-T) is suing the British Columbia government for $500 million in compensation for the coal licenses it lost when the government banned mining in the Flathead valley.
Centamin’s open-pit upgrades a ray of sunshine at Sukari
VANCOUVER — Shareholders of Egyptian gold-operator Centamin (CEE-T, CEY-L) received a welcome bit of good news when the company released an upgraded open-pit plan for its flagship Sukari gold mine 700-km from Cairo near the Red Sea.