New Horizons: Costly Hot Air
Special to the Northern Miner
2007
Suppliers News (March 26, 2007)
Fasken Martineau Continues Expansion
Breakwater Bullish on Zinc Market
With a global shortage in zinc production, this summer is an ideal time for Breakwater Resources’ (BWR-T, BWLRF-O) Langlois mine, 213 km north of Val d’Or, Que., to restart commercial production.
Uganda ready for the ‘Big Boys’
After watching mining companies flock to its neighbours Tanzania and the Democratic Republic of the Congo, the government of Uganda is finally doing something to promote the country’s mineral potentia…
La Quinta Wins in Congo Court
La Quinta Resources (LAQ-V) made big market gains recently after a court ruling in the Democratic Republic of the Congo (DRC) that the company says paves the way for it to begin exploring on disputed …
Expensive Cigar to Be Lit Up in 2010
The Cigar Lake uranium project will go over $1 billion thanks to delays and changes to the project design, but remains economic, says operator Cameco (CCO-T, CCJ-N).
Coeur’s Kensington Kiboshed
Vancouver — Coeur d’Alene Mines (CDM-T, CDE-N) has been hit with an appeals court ruling that effectively revokes permitting for the use of a lake as a tailings facility at its Kensington gold mine, …
LionOre makes $1B in 2006
Year-end results from LionOre Mining International (LIM-T, LOR-L, LIM-A) show revenue of US$968 million, more than double that of 2005.
Campbell Emerges From Credit Protection, Seeks Turnaround
Campbell Resources (CCH-T, CBLRF-O) didn’t make much money or have much fun in 2006, but expects that to change this year following its refinancing.
International Quotes (March 26, 2007)
Australia (A$) Mar 19 Mar 12 Change Bendigo Mining 0.31 0.28 0.03 Centamin Egypt 1.02 0.98 0.04 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.09 0.09 0.00 Kingsgate Cons. 4.65…
Bid-Ask — March 13-19, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.35 0.55 0.33 0.45 0.265 Aguila Am Res V 0.44 0.495 0.50 0.54 0.17 Anglo-Bomarc V 0.135 0.16 0.135…
OP-ED: PDAC president Dillon moving to Vancouver
The Dillons are packing up and heading west.