Fournier Wins $16M Contract With Osisko
With the rollercoaster ride of commodity prices of late, it can be hard for smaller manufacturers not to get pushed aside by their more powerful counterparts.
Articles by Northern Miner Staff
Adriana Signs MOUs In Quebec And Brazil
Adriana Resources (ADI-V, ANARF-O) has signed two memorandums of understanding with a major Chinese steel company.
Ballarat Mine Too Small For Lihir Gold
Lihir Gold (LGG-T, LIHR-Q) has decided to put its Ballarat gold mine in Victoria state, Australia, up for sale.
Semafo Buys Etruscan’s Samira Hill Stake
Etruscan Resources (EET-T, ETRUF-O) is selling its 40% participating interest in the Samira Hill gold mine in Niger to its partner and mine operator Semafo (SMF-T, SEMFF-O).
People (August 10, 2009)
Adriana Resources — Wilfried Struck resigned as a director but will remain an adviser; Allen Palmiere appointed a director.
Goldcorp Donation Easy On The Eyes
Canadian gold miner Goldcorp (G-T, GG-N) has become the latest corporate partner to sign on with the Canadian National Institute for the Blind’s (CNIB) Eye Van program. The vision health project, also…
U.S. Markets – JULY 28-AUG. 3
U. S. markets enjoyed another buoyant week during the July 28-Aug. 3 reporting period. The Dow Jones Industrial Average climbed 189.84 points or 2.09% to close at 9,286.56. The Standard & Poor’s 5…
Exchange Rates (August 10, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 27 July 24 July 23 July 22 July 21 US$ in C$ 1.0835 1.0842 1.0867 1.0981 1.1078 C$ in US$ 0.9229 0.9223 0.9202 0.9107 0…
International Quotes (August 10, 2009)
Australia (A$) Aug 4 July 21 Change Aquila Resources 6.21 5.42 0.79 Bendigo Mining 0.24 0.26 -0.02 Centennial Coal 3.04 2.53 0.51 Fortescue Res 4.29 4.21 0.08 Iluka R…
Cardero Eyes Peruvian Iron Sands
VANCOUVER — Cardero Resources (CDU-T, CDY-X) has taken a big step forward at the Pampa El Toro iron sands project in Peru with completion of the project’s first resource estimate.
Minera Andes Eyes $20M
VANCOUVER — Minera Andes (MAI-T, MNEAF-O) is taking advantage of its strong share price to raise $20 million. A group of underwriters has agreed to buy about 26.7 million units at 75¢ a unit. Ea…
Romarco Expands Snake Pit
VANCOUVER — Coming off strong drill results that expanded mineralization at its Haile project, Romarco Minerals (R-V, RTRAF-O) is raising $30 million through a bought-deal financing.