Volume 98 Number 3 Mar 5 - 11, 2012

Drillers at Lumina Copper's Taca Taca copper project in Argentina. Photo by Trish Saywell

Lumina hits more long intersects at Taca Taca

Lumina Copper (LCC-V) reports that the Taca Taca deposit in northwestern Argentina, 90 km east of Escondida, the world’s largest copper mine, has yielded the longest mineralized intercept to date with 813 metres grading 0.60% copper…



Spot prices

Tuesday, Feb 28, 2012 Precious MetalsPrice (US$/oz.)Change Gold$1774.75+37.75 Silver$35.60+1.95 Platinum$1710.00+43.00 Palladium$708.00+7.00 Base MetalsPrice (US$/tonne)Change Nickel$19922.00-239.00 Lead$2263.75+18.00 Copper$8596.25+61.50 Zinc$2119.00+22.00


An aerial view of Barrick Gold's Lumwana copper mine in Zambia, acquired during the Equinox Minerals takeover. Photo by Barrick Gold

Lumwana’s margins below Barrick’s expectations

Half a year in, Barrick Gold’s (ABX-T, ABX-N) newly purchased Lumwana copper mine in Zambia has done little to rebut the critics who denounced Barrick’s contentious and expensive move into copper through its June 2011 takeover of…



The landscape at Newmont Mining's Hope Bay gold project in Nunavut, 150 km north of the Arctic Circle. The Northern Miner archive photo

Newmont writes off Hope Bay

Newmont Mining (NMC-T, NEM-N)has written down the entire US$1.6-billion net book value of its Hope Bay gold project in remote Nunavut. The decision comes just weeks after the company announced it was placing the project on care and maintenance…



Drillers at La Mancha Resources' Hassai project in Northern Sudan. Photo by La Mancha Resources

Doubled Hassai resource creates buzz for La Mancha

Exposed sulphide mineralization appears at the bottom of 12 out of 16 oxide pits that make up La Mancha Resources’ (LMA-T) Hassai gold-copper mining complex in the remote desert of northern Sudan. And a new resource estimate based on…


Victoria’s Eagle to land in two years

With a feasibility study now in hand for its Eagle gold deposit on the wholly owned Dublin Gulch property in central Yukon, Victoria Gold (VIT-V) has solidified a plan that could take it from junior developer to gold miner by the end of 2014.




The processing plant at Monument Mining's Selinsing gold mine in Malaysia. Photo by The Northern Miner

Juniors scramble for mainland Southeast Asia’s riches

The mainland of Southeast Asia may not hold much buzz for most Canadian explorers — with island nations in the region getting far more attention — but there are a few intrepid companies finding success in this oft-overlooked part of…


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