PRODUCER AND DEALER PRICES (December 27, 2010)
Antimony: Mid-mkt US$10,100/t.
Articles by Northern Miner Staff
Cline gets approval to start New Elk
True to its word Cline Mining (CMK-T) is set to put the New Elk Coal Mine into full production before the year’s end. The company received a key approval of its mine plan from the United States Mine Safety and Health Administration (MSHA)…
Baffinland reports high-grade assays at Mary River
Five days after ArcelorMittal (MT-N) sweetened its takeover bid for Baffinland Iron Mines (BIM-T) by 15¢ per share, high-grade assay results from nineteen additional holes at the Mary River project on Baffin Island in Nunavut suggest the…
Tahoe raises $352 million on the back of Escobal
Tahoe Resources (THO-T) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities. The private placement financing is just shy of 25 million…
Rio Alto to raise $50 million for La Arena
Rio Alto Mining (RIO-V, RIOAF-O) is raising $50 million in a private placement to fund its La Arena copper-gold project, 480 km northwest of Lima in Peru.
Mines Management releases Montanore PEA
Vancouver – Mines Management (MGT-T) has outlined an economic mine plan for its Montanore silver-copper project but questions remain about getting the project permitted.
South American Gold looks to ride the Colombian gold wave
The recently re-minted South American Gold (SAGD-O) is looking to tap into Colombia’s gold potential. To do so the Richmond, Indiana-based company is aiming to acquire privately-held and Colombian-based Kata Enterprises and its 85% stake…
NovaGold makes run at Copper Canyon partner (December 22, 2010)
Just days before Christmas, NovaGold Resources (NG-T, NG-X) has surprised Copper Canyon Resources (CPY-V) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
Amazon Mining’s Cerrado Verde project could be a game changer
Any company whose stock has moved from a low of 93¢ per share to a high of $8 over the course of a year deserves a closer look and so it is with Amazon Mining Holding (AMZ-V).
Copper is the consensus metal for 2011 (December 21, 2010)
When it comes to metals with the best fundamentals, the consensus moving into 2011 seems to be that copper wins hands down.
Duluth Metals puts puzzle together with Franconia acquisition
Vancouver – In a significant land consolidation, Duluth Metals (DM-T) has reached an agreement to acquire Franconia Minerals (FRA-T) in a $77 million deal.
TSX down slightly as miners fall
TSX Composite Index came off a bit as the holiday season approached. The Index fell roughly 160 points to finish up at 13, 201 points for the Dec. 13 – 17 period.