Western, Walter in $3.3B merger
VANCOUVER — Two weeks of intense negotiations and due diligence between Western Coal (WTN-T) and Walter Energy (WLT-N) has produced a formal $3.3-billion agreement to merge the two companies and crea…
Articles by Northern Miner Staff
Imperial updates Red Chris feasibility study (December 13, 2010)
VANCOUVER — An updated feasibility study for Imperial Metals’ (III-T) Red Chris project in northwest British Columbia says a $443-million investment would build a mine able to produce 74 million lbs….
Explorator probes copper-gold mantos at El Espino (December 13, 2010)
VANCOUVER — Explorator Resources’ (EXO-V) 23,000-metre drill program at its joint-ventured El Espino project in Chile is showing that the historic mines scattered across the property may have only sc…
LME WAREHOUSE LEVELS (December 13, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec 6, 2010 (change from Nov. 29 in brackets):
CANADIAN GOLD MUTUAL FUNDS (December 13, 2010)
” Featured Fund: Sprott Gold and Precious Metals as of 08/31/10 (in weighted order): Silver Wheaton, Barrick Gold, Guyana Goldfields, Orvana Minerals, Kinross Gold, Osisko Mining, Wesdome Gold Mines, …
NORTH AMERICAN STOCK EXCHANGE INDICES (December 13, 2010)
52-week Date Dec. 6 Dec. 3 Dec. 2 Dec. 1 Nov. 30 High Low TSX Composite 13276.01 13178.95 13163.53 13148.35 12952.88 13276.01 10990.41 S&P/TSX-Ven Comp 2127.73 2109.93 2095.74 2087.16 2072.44…
TSX SHORT POSITIONS (December 13, 2010)
Short positions outstanding at Nov. 30/10 (with changes from Nov. 15/10).
TSX VENTURE SHORT POSITIONS (December 13, 2010)
Short positions outstanding at Nov. 30/10 (with changes from Nov. 15/10).
Rubicon makes a splash
Rubicon Minerals (RMX-T, RBY-X) closed $1.46 higher on Nov. 29 in Toronto at $6.06 per share, a gain of 31.7%, on news of a four-million-ounce inferred gold resource estimate at its Phoenix gold proje…
Barbados lures Canadian miners
BRIDGETOWN, BARBADOS — One trend to keep an eye on in the New Year is the increasing attractiveness of this Caribbean island for Canadian and other international mining companies wanting to establish holding companies and treasury functions to…
The third super-cycle is here, Standard Chartered says
The first super-cycle in modern times took place during the second half of the 19th century from 1870- 1913 and the second followed the Second World War until the early 1970s. Now the third super-cycle is upon us, Standard Chartered Bank argues…
US General Jones on resource development and national security
United States General James Logan Jones is one of America’s most prominent military figures and has fashioned himself as a leading authority on international affairs thanks to his extensive experience overseas.After a distinguished military…