Monterde shows promise for Kimber Resources
Shares of Kimber Resources (KBR-T, KBX-X) jumped 9.2% or 15¢ to $1.78 today following news of the latest two assay results from the Carmen deposit at its Monterde project in Mexico.
Articles by Northern Miner Staff
TSX climbs during May 24-27 week
The abbreviated May 24-27 trading week saw the TSX Composite Index gain 145 points to close at 13,797.59. The lift came as the Bank of Canada contemplated interest-rate hikes, while the U.S. dollar fell on lower-than-expected U.S. consumer…
U.S. markets close down fourth week in a row, May 23-27
U.S. markets closed their fourth week of losses with the Dow Jones Industrial Average shedding 0.56% to close at 12,441.58 and the S&P 500 index dropping 0.16% to 1,331.10. Weaker-than-expected U.S. consumer spending and housing data didn’t…
Andina Minerals goes after the good stuff in Maricunga (May 30, 2011)
Copiapo, Chile – Andina Minerals (ADM-V) hopes to supercharge its promising Volcan gold project as it explores a number of high-grade targets around its initial Dorado deposit, situated 120 km east of this mining centre in Chile’s Atacama…
Capstone adds copper resources at Minto (May 30, 2011)
Capstone Mining (cs-t) bulked up measured and indicated resources by 219 million lbs. at its wholly owned Minto copper-gold mine in the Yukon. The miner also combined two deposits at the project, which were once thought to be separate, into…
Venture sees gains during May 24-27 period
The S&P/TSX Venture Composite Index rose 69.23 points to 2,100.67 over the May 24-27 period, as slightly higher metals prices buoyed many junior mining companies. Many Venture companies enjoyed a small rally over the short trading week…
ArcelorMittal invests $2.1B in Quebec
ArcelorMittal (MT-N) is spending $2.1 billion to expand its Mont-Wright mining complex and Port-Cartier pellet plant near Fermont in northern Quebec.
Cline slumps on production delays, dilutive financing
Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at its recently reopened New Elk coal mine in Colorado were hit with more…
Quaterra picks up past producer in Nevada
The 1970s were not kind to the Anaconda Copper Company. Its properties were expropriated in Chile and the company was eventually taken over by Arco, an oil and gas company that wasn’t interested in the copper producer’s mineral assets, which…
Southern Arc outlines wide zone
On one a tough day on the market for miners, Southern Arc Minerals (SA-V) defied the trend and made a solid gain on the back of its latest drill results.
Metals commentary: Platinum market balanced in 2010, says Johnson Matthey
The following was released by Johnson Matthey and is based on its Platinum 2011 report which can found at www.platinum.matthey.com.
Spot prices (May 30, 2011)
Tuesday, May 17, 2011