Surf’s up: Let’s ride (April 25, 2011)
When you ask Richard Briggs what he’s telling his clients about investing in base metals these days, he answers: “We’re advising caution – lots of caution.”
Articles by Northern Miner Staff
Western Copper updates Casino study
Western Copper (WRN-T, WRN-X) has released an updated prefeasibility study for its sizable but remote Casino gold-copper-molybdenum project in the Yukon, three years and a commodity-price rollercoaster ride after the first.
Ross Beaty closes in on 10 for 10
Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (LCC-V) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The rest it sold -…
Manitoba brings copper for HudBay, VMS
HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high-grade copper project on their hands right in the safe confines of Manitoba.
Positive PEA pumps Prodigy (April 25, 2011)
Junior explorer Prodigy Gold (PDG-V) got a warm reception on the market after releasing a positive preliminary economic assessment (PEA) for its Magino gold project in northern Ontario.
Gold Fields cuts deal with Iamgold
Gold Fields (GFI-N, GFI-J) wants as much control over its key mining assets as it can get, and is buying Iamgold’s (IMG-T, IAG-N) minority stake in a project in Ghana.
Capstone bids $725M for Far West, partners with KORES
Capstone Mining (CS-T) has made a $725-million bid for Far West Mining (FWM-T) for its Chilean copper project while bringing on South Korean partner – Korea Resources Corp. (KORES) – to front the cash.
Mercator to buy Creston Moly for $195M
Mercator Minerals (ML-T) has agreed to buy Creston Moly (CMS-V) in a friendly merger with significant potential for synergies that values Creston at $195 million.
Dividends (April 25, 2011)
CompanyDiv.PayRecord
Lending rates (April 25, 2011)
as of 9 a.m. ET. Aug. 23, 2010(%)
International quotes (April 25, 2011)
Australia (A$)Aug 24Aug 17Change
Goldcorp doubles gold reserves at Cerro Negro (April 25, 2011)
The world’s second-largest gold producer by market value, Vancouver-based Goldcorp (G-T, GG-N), has announced a major update for its promising Cerro Negro gold project in Argentina.