PEOPLE (May 10, 2010)
Alcoa– Klaus Kleinfeld appointed chairman and CEO replacing Alain Belda, who retired; Judith Gueron appointed lead director; Arthur Collins elected a director; Jim Owens named chairman of the audit c…
Articles by Northern Miner Staff
TORONTO STOCK EXCHANGE APRIL 27-MAY 3
Fears over Greece’s ability to pay its debt had markets the world over turning downwards and the TSX composite index was no exception. The index was off three points to 12,294 for the April 27-May 3 p…
TSX VENTURE EXCHANGE APRIL 27-MAY 3
The market remained unsure of its next move over the April 27-May 3 trading week, alternating between gains and losses each day to close the period down 7.31 points at 1665.54. Daily trading volumes r…
U.S. MARKETS APRIL 27-MAY 3
Despite continued fears that a rescue package for Greece will not prevent the sovereign debt crisis from spreading, U.S. equity markets showed signs of life during the April 21-May 3 reporting period,…
PGM outlook good for Canadian companies (May 10, 2010)
Platinum and palladium have made quite the comeback recently and analysts are forecasting that prices will remain strong going forward.This is good news for a few Canadian companies like North American Palladium (PDL-T, PAL-X), with its…
Teck shows more signs of renewal (May 10, 2010)
VANCOUVER — In the latest sign of a strong recovery, Teck Resources (TCK. B-T, TCK-N) has reinstated an annual dividend after paying a significant portion of its debt ahead of schedule.”There’s a lot of good news to comment on today,” said…
Sandspring up and running in Guyana
VANCOUVER — Between completing a public listing, hitting a number of long gold intercepts in Guyana, and finalizing $14.5 million in financings, Sandspring Resources (SSP-V) has had a busy few months…
US Gold sees 6-year mine life at Gold Bar
US Gold (UXG-T, UXG-X) has completed a preliminary economic assessment on its Gold Bar project in Eureka County, Nev., that looks at producing 57,000 oz. gold per year from an open-pit mine and heap-l…
Fire River moves ahead on Nixon Fork tailings (May 10, 2010)
Now that Fire River Gold (FAU-V) has received promising results about leftover gold in the tailings at its fly-in Nixon Fork gold mine near McGrath, Alaska, the company is evaluating how much it will …
Largo secures US$150M for Maracas
VANCOUVER — Largo Resources (LGO-V) has conditionally secured more than half the needed funds to develop its 76%-owned Maracas vanadium-platinum-group-metals project in Brazil’s Bahia state.
Cline Mining raises cash for New Elk coal mine in Colorado
VANCOUVER — Cline Mining (CMK-T) has completed a $45- million financing on the heels of a preliminary assessment for its wholly-owned New Elk coal mine project in southern Colorado.
Gold Fields not as lucky as Centerra in Kyrgyzstan (May 10, 2010)
Investors hoping for a smooth transition of governments in Kyrgyzstan were disappointed that Gold Fields (GFI-N, GOF-L)had run into trouble in the Central Asian country.