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).
Articles by Northern Miner Staff
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.
U.S. markets wind down before Christmas
U.S. markets felt the chill in the air during the week before Christmas. The Dow Jones Industrial Average edged up 81.59 points or 0.72% to finish at 11,491.91, while the S&P 500 rose 3.51 points or 0.28% to 1,243.91. Fifteen companies…
Venture mixed but bulls overwhelm bears over Dec 13-17
Vancouver – The S&P-TSX Venture Composite Index endured a rocky ride over Dec. 13-17, with gains cancelling out losses to leave the board up 10.03 points, at 2,134.33. Daily trading volumes remained strong, averaging 169 million.
Southwestern’s Paterson arrested
Vancouver – After a three-and-a-half year investigation involving police in Vancouver, Hong Kong, and China, John Paterson, founder and former CEO of Southwestern Resources, has been arrested and charged with nine counts of criminal fraud.
Positive feasibility for Canada Lithium
Vancouver – Canada’s most advanced lithium project took a big step closer to production on mid-December when Canada Lithium (CLQ-T) produced a positive feasibility study for its Quebec Lithium project near Val d’Or.
Good early results for Eaglecrest
Eaglecrest Explorations (EEL-V) turned in some promising results from a first-pass sampling program at its Fredonia project in Colombia. The highlight assay graded 8.25 grams per tonne gold and 47.5 grams per tonne silver and came from an…
Short Position Report (December 20, 2010)
TSX Short Positions Short positions outstanding at Dec. 15/10 (with changes from Nov….
Avanti Mining boosts Kitsault’s NPV (December 20, 2010)
A better long-term outlook for molybdenum prices and a nearly US$200 million decrease in initial and sustaining capital has improved the net present value of Avanti Mining’s (AVT-V) Kitsault project by about US$250 million, boosting it to…
DAILY METAL PRICES (December 20, 2010)
DAILY METAL PRICES Daily Metal Prices Date Dec. 13 Dec. 10 Dec. 9 Dec. 8 Dec. 7 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2270/2235 2265/222…