Corex gains ground on Santana results
Vancouver – Corex Gold (CGE-V) added 20% to its share price after another set of drill results from the Santana project in Mexico expanded the Nicho gold oxide zone.
Articles by Northern Miner Staff
Imperial updates Red Chris feasibility study (November 18, 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. copper and 47,000 oz. gold annually for 28…
Copper and coal will do well in current super-cycle, Standard Chartered says
Nearly five billion people will live in cities by 2030 compared with 3.4 billion today and the high urbanization rate over the next twenty years will drive demand for copper and coal, Standard Chartered Bank notes in a research…
Eike still likes gold (November 17, 2010)
While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years he still has an appetite for the commodity that helped propel him to fame and fortune so many years ago.
Silvore Fox Minerals inks strategic agreement with Chinese
A private placement earlier this year, in which Sino Minerals Corp., formerly China Nonferrous Metals Exploration, took a 35.09% equity stake in Nova Scotia-based Silvore Fox Minerals (SFX-V), is starting to pay dividends.
Editorial: BHP blows US$800M on failed transactions
BHP Billiton formally withdrew its hostile, US$40-billion cash offer for Potash Corp. of Saskatchewan on Monday after the Canadian government had rejected it two weeks earlier on the grounds that it did not provide a “net benefit” to…
Nyrstar to acquire Farallon
Vancouver – Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409-million fully diluted.
Mirasol prepares to drill new silver discovery (November 16, 2010)
As it prepares to begin drill testing a grassroots silver find in Argentina’s Santa Cruz province, Mirasol Resources (mrz-v, m8r-f) is topping up its treasury with a $9.3-million financing. The non-brokered private placement will comprise up to…
The third super-cycle is here, says Standard Chartered
The first super-cycle took place during the second half of the nineteenth 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 outlines in…
MDN looks north in Tanzania
The latest drill results from MDN’s (MDN-T) Ikungu gold property in Tanzania show the company to be following through on its goal of proving up mineralization at depth. The latest assays come from four holes that are part of its ongoing 13…
Venture edges down slightly Nov. 8-12
Vancouver – A long streak of upward momentum on the S&P TSX Venture stalled slightly in the Nov. 8-12 week, with two days of losses edging out three days of gains to have the board end down 1.82 points at 2007.09. Volume was still high at…
U.S. Markets, commodity prices end week on a down note
Markets finished the week with a sharp pullback as European debt fears and China inflation worries spooked investors. The Dow Jones industrial average tumbled 251.5 points, or 2.2%, to close the Nov. 8-12 trading week at 11,192.58, while the…