Silver Eagle launches Miguel Auza
Vancouver — With a number of political dignitaries in attend- ance, Silver Eagle Mines (SEG-T, SVEGF-O) recently celebrated the start of operations at its Miguel Auza mine in Zacatecas state, Mexico.
News
Quadrem revenues up 18%
International supplier network Quadrem International says its 2006 revenues were up 18% year-over-year, propelling the private firm to new levels of profitability.
BID-ASK –Feb. 27-Mar. 5, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.35 0.55 0.37 0.45 0.265 AfriOre Ltd T 8.72 8.75 8.72 8.80 0.001 American G Cap V 2.70 2.72…
Wesdome breaking even (March 12, 2007)
Wesdome Gold Mines (WDO-T, WDOFF-O) was a little short on production in 2006 at its Kiena gold mine in Val d’Or, Que., but the future is looking up with the surprise discovery of an extension of the S…
Consmin looks to reorganize with Gilbertson (March 12, 2007)
Former BHP Billiton (BHP-N, BLT-L, BHP-A) chief executive Brian Gilbertson and the low-profile Swiss-based coal house AMCI have made a joint bid to finance Consolidated Minerals (CNM-L, CNM-A).
TSX Venture Exchange Feb. 27-Mar. 5
The Asian stock market correction prompted a major retraction in the resource sector over the Feb. 27-March 5 trading session as investors wondered if the region’s hunger for commodities would wane. T…
U.S. Markets Feb. 27-Mar. 5
A sharp drop in the Shanghai stock market sent ripple effects across global equity markets, pushing the Dow Jones Industrial Average down 581.85 points to 12,050.41 during the Feb. 27-March 5 period.
GPJ, Goldcorp see higher 2007 production, costs
Vancouver — Canada’s second-largest gold producer, Goldcorp (G-T, GG-N), expects to produce 2.6 million oz. of the yellow metal in 2007, assuming that the planned sale of its Peak mine in Australia a…
Paladin increasing its Australian holdings
Paladin Resources (PDN-T, PDN-A) is looking to increase its bet on the future of uranium mining in Australia.
Go small: Trends make micro-mining increasingly viable
Special to the Northern Miner
Editorial: Global market downturn hammers gold, silver
The biggest story for the week ended March 2, the ninth trading week of 2007, was the worldwide stock-market meltdown that started with a surging yen and a 9% drop on the red-hot Shanghai Exchange, an…
LME Warehouse Levels (March 12, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 5, 2007 (change from Feb. 26 in brackets):