International Tower Hill to spin off assets
A proposed spin-off transaction that will separate International Tower Hill Mines’ (ITH-T, THM-X) advanced-stage Livengood gold project in Alaska from the company’s earlier stage properties will maxim…
Articles by Northern Miner Staff
Khan’s troubles in Mongolia (June 07, 2010)
VANCOUVER — The past few months have been a bit of a rollercoaster for Khan Resources (KRI-T) as it tries to reopen the historic Dornod uranium mine in northeastern Mongolia.
PEOPLE (June 07, 2010)
Amanta Resources — Thanawut Sirinawin appointed a director.
TORONTO STOCK EXCHANGE MAY 25-31
Although Europe is not out of the woods yet, the economic environment is looking rosier on the western side of the Atlantic. The TSX composite index closed 2% higher over the May 25-31 trading period,…
TSX VENTURE EXCHANGE MAY 25-31
For the first time in months the S&P/TSX Venture composite index managed a significant weekly gain, climbing 60.68 points to close at 1,514.07. In spite of the gain, daily trading volumes were dow…
U.S. MARKETS MAY 25-28
U.S. financial markets were closed on May 31 for the Memorial Day holiday but opened slightly higher on June 1 despite more negative news out of Europe. A report published on May 31 from the European …
SPOT PRICES (June 07, 2010)
COURTESY OF SCOTIABANK
LME WAREHOUSE LEVELS (June 07, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 1, 2010 (change from May 25 in brackets):
PRODUCER AND DEALER PRICES (June 07, 2010)
Antimony: Mid-mkt US$9,266.66/t.
Detour’s bright future holds 11.4M oz. gold
A newly released feasibility study on Detour Gold’s (DGC-T, DRGDF-O) Detour Lake gold project in northeastern Ontario has made it “one of the largest gold operations in Canada and one of the largest investments in the province,” company’s…
More silver hits for Levon, Valley High in Mexico
VANCOUVER –Following up on a successful initial drill program, joint-venture partners Levon Resources (LVN-V, LVNVF-O, L09-F ) and Valley High Ventures (VHV-V) have hit more long and good-grade silver intercepts at the Cordero project in…
New gold zone discovery lifts African Aura
African Aura Mining (AUR-V) has hit upon a new gold zone at its wholly-owned New Liberty gold project in Liberia, and the market signaled its belief in the discovery’s significance.In the days after the May 11 announcement of the near-surface…