BID-ASK (February 07, 2011)
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Articles by Northern Miner Staff
Midway positioning Pan for production
Eureka, Nevada – Using the Pan gold project in Nevada as a springboard, Midway Gold’s (MDW-V, MDW-X) President and Chief Operating Officer Kenneth Brunk is intent on transforming the company into a producer. He is confident that this year’s…
Cliffs says high electricity prices in Ontario are a challenge
Cliffs Natural Resources (CLF-N) warned in a conference call today that high electricity rates in Ontario are forcing it to widen its search for a location to build a proposed ferrochrome production facility that will utilize a closed electric…
Will election results usher in a new era of prosperity for CAR?
The results from the election in the Central African Republic are in and President Bozize has held on to office by a wide margin of victory. Despite Bozize’s election success, however, it is difficult to get a grasp on where the troubled…
Sunridge hits more high-grade copper-gold in Eritrea
Vancouver -Sunridge Gold (SGC-V) has released its second round of drill results in two weeks, with more significant gold-copper-silver hits at its Asmara project in Eritrea.
Copper Canyon board rejects NovaGold bid
Vancouver – Copper Canyon Resources’ (CPY-V) board of directors has unanimously rejected as inadequate a hostile takeover bid launched by joint venture partner NovaGold Resources (NG-T, NG-X).
Demand outpaces discoveries, Roundup delegates told
VANCOUVER – This year’s Mineral Exploration Roundup attracted 7,000 delegates from around the world, a new record for the annual conference hosted by the Association for Mineral Exploration British Columbia (AME BC). But in keeping with the…
Short Position Report (February 03, 2011)
TSX Short Positions Short positions outstanding at Jan 31/11 (with changes from Jan….
Newmont proposes to buy Fronteer Gold
Newmont Mining (NEM-N) is the latest to join the wave of merger and acquisition activity that is washing over Canadian mining companies.
Sennen and North Arrow set to partner on Nunavut gold exploration
Sennen Resources (SN-V) is signaling its faith in arctic gold by cutting a deal with North Arrow Minerals (NAR-V) for a stake in its Hope Bay Oro gold project in Nunavut. In a somewhat convoluted deal, a third junior Chelsea Minerals (CCC.H-V),…
International Minerals increases gold resource at Goldfield Project, Nevada.
A year after acquiring the Goldfield project in Nevada through its acquisition of Metallic Ventures Gold, International Minerals (IMZ-T) has completed its first resource estimate on the project’s main deposit.
Relief Canyon mine acquisition falls through for Canarc
Following a due diligence review of Firstgold’s bankrupt Relief Canyon gold mine in Nevada, Canarc Resource (CCM-T) has decided not to proceed with the US$11-million acquisition. Canarc had successfully bid to buy the Relief Canyon gold assets…