Vale goes big and goes home
The 24th trading week of the year saw the world’s biggest iron ore miner — Vale — and Germany’s biggest steelmaker — ThyssenKrupp Steel — usher in a new era in steelmaking in Brazil.
Articles by Northern Miner Staff
World Gold Council
The following is the world official gold holdings as of June 20, according to the World Gold Council (WGC). Statistics show European central banks sold little gold over the past quarter of the year be…
Court rejects motion to close Denison’s Arizona 1 mine
The District Court of Arizona has denied a motion for a preliminary injunction put forward by several environmental groups and local Native American bands to shut down Denison Mines’ (DML-T, DNN-X) Ar…
Evolving settles lawsuit with former director
Evolving Gold (EVG-V) has agreed to pay $150,000 in an out-of-court settlement to a former director who sued the company for his services related to a recently completed private placement.
LETTERS TO EDITOR
In regards to the article “New challenge for Chile’s ‘Copper Man'” ( T. N. M., May 24-30/10), exploration would soar in Chile if junior mining companies were allowed to bid on even a percentage of the…
Terrane pegs AMEC-Fluor partnership for Mt. Milligan
Mine builders AMEC Americas and Fluor Canada have signed a letter of intent with Terrane Metals (TRX-V) to construct key components for the company’s Mt. Milligan copper-gold project in northwestern B…
PEOPLE (June 28, 2010)
Barrick Gold — Patrick Garver retiring as executive VP and general counsel, effective July 31; Vince Borg to resign as executive VP of corporate communications, effective July 31; Sybil Veenman appoi…
TORONTO STOCK EXCHANGE -June 14-18
The TSX composite index finished the June 14-18 period higher as gold rose to record highs and the situation in Europe continued to brighten.
TSX VENTURE EXCHANGE -June 14-18
The S&P/TSX Venture composite index almost managed to gain every day over the June 14-18 period, ending the week up 27.8 points at 1,488.18. Daily trading volumes returned to stronger levels, aver…
U.S. MARKETS -June 14-18
Maintaining its safe haven status, gold prices rose to new highs over the June 14-18 trading period due to ongoing concerns over sovereign debt levels in Europe and the potential for further instabili…
SPOT PRICES (June 28, 2010)
COURTE SY OF SCOTIABANK
LME WAREHOUSE LEVELS (June 28, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 22, 2010 (change from June 15 in brackets):