Exchange rates (April 04, 2011)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Articles by Northern Miner Staff
Junior explorers still flocking to the Yukon (April 04, 2011)
2010 was a big year for the Yukon as exploration companies flooded into the territory in a flurry of staking and deal making, and 2011 is looking no different.
Tirex roars to life on Albanian mining deal (April 04, 2011)
Tirex Resources (TXX-V) has taken a big step towards production at its Mirdita volcanogenic massive sulphide project in Albania after signing a memorandum of understanding with a private Turkish firm to finance development in exchange for a…
Argentex posts Pinguino PEA
Until late 2009, Argentex Mining (ATX-V, AGXM-O) focused on drilling the polymetallic sulphide mineralization at its Pinguino project in Argentina. But then the company decided to shift gears and focus instead on the property’s near-surface…
Cap-Ex Ventures focuses on Labrador iron
Vancouver – With several recent high-profile iron ore acquisitions in eastern Canada, Cap-Ex Ventures (CEV-V) has picked an opportune time to re-launch as a Labrador trough-focused exploration company.
Navigating the shoals in the Philippines
Eleven of the 81 provinces in the Philippines have either imposed moratoriums on open-pit mining projects or on the mining of specific minerals, and a twelfth is set to soon join the list, according to Allan & Associates, a security risk…
HudBay and VMS find high grade copper in Manitoba
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. The companies released a resource estimate at the Reed Lake polymetallic deposit near Snow Lake that…
Buddy Doyle takes on Brazil with Amarillo Gold
Seven years in the malaria-infested rainforests of Papua New Guinea and six years in the frigid Tundra led Buddy Doyle and his exploration teams at Rio Tinto (RTP-N, RIO-L) to the two biggest discoveries of his career: the 30 million ounce…
Industry group worries about rare earth supply
How fast Chinese exports of rare earths get to zero is the $64,000 question, Keith Delaney, executive director of the Rare Earth Industry and Technology Association told participants on a private conference call on Mar. 31.
Reunion gets the cash to press ahead at Matthews Ridge
Some big resource investment houses have signaled their faith in Reunion Gold’s (RGD-V) Matthews Ridge manganese project in Guyana, and market participants took their cue. A syndicate of underwriters led by BMO Capital Markets and Dundee…
International Northair jumps on silver assays
Vancouver – Step-out drilling at International Northair Mines’ (INM-V) La Cigarra project in Mexico has intersected 53.7 metres of 87.1 grams silver per tonne, extending the strike length of the main San Gregorio zone by 100 metres.
Mirabela continues Santa Rita ramp-up with US$375m raise
Vancouver – Australia-based Mirabela Nickel (MNB-T, MBN-A) is planning to raise US$375 million in senior notes to pay debt, end hedges and continue with ramp up of its sizable Santa Rita nickel mine in eastern Brazil.