Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, March 5, 2013 Precious MetalsPrice…
Articles by Northern Miner Staff
Banks Island banking on quick-start gold mine
Vancouver — Recently-listed Banks Island Gold (BOZ-V) has hit more high-grade gold as it looks to expand the resource at the production-ready Tal zone on its northern British Columbia property.
Continental rebounds following sharp mid-week decline
Vancouver — Continental Gold (CNL-T) bounced back 7% or 53¢ during the March 8 trading session, closing at $7.95 per share after releasing high-grade assays on 13 drill holes collared on its 100%-owned Buritica gold-silver-zinc…
Coro takes a second swing at San Jorge
Vancouver — One week after the successful re-negotiation of a purchase agreement on the San Jorge copper-gold porphyry project in Argentina’s Mendoza province, Coro Mining (COP-T) will take another shot at getting the government…
Molycorp/Neo Material deal puts upstream and downstream together
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.
Aguila starts to take shape for Duran
Duran Ventures (DRV-V) has a maiden resource estimate in for its Aguila project in Peru.
Atacama keeps the results flowing
Atacama Pacific Gold (AMT-V) continues to report positive results from its third phase drill program at its Cerro Maricunga gold project, 140 km northeast of Copiapo, Chile.
Nationalization agendas will take a bite out of industry revenues
Vancouver— Indonesia’s new indigenization legislation aimed at foreign mining companies opens another chapter in a resource-nationalization saga amongst developing countries.
Junior miners and explorers cashing up
Vancouver — Numerous explorers have launched substantial financings just as the networking-heavy Prospectors & Developers Association of Canada convention wraps up in Toronto.
The Power of economic geology
Having already established himself as a leading geological expert in the world of academia, David Groves has shifted his focus to the real world of mining.
Copper prices to ease but “not massively so,” Wood Mackenzie says
Wood Mackenzie is forecasting global demand growth for copper this year of 3.6%, a copper deficit of about 100,000 tonnes and LME cash prices averaging US$8,700 per tonne or US$3.95 per lb., down from an average of US$8,800 per tonne or US$4.00…
What’s next for Ethiopian Potash?
David Wahl, former president and chief executive of Ethiopian Potash (FED-V), in an early March interview said he aimed to keep the drills turning, construction going, and results flowing from the Danakil potash project in northern Ethiopia,…