Gold Hawk Restructures Debt
Gold Hawk Resources (CGK-V, CGHRF-O) has restructured its debt in the nick of time.
Articles by Northern Miner Staff
Colombia Proving Golden For Ventana
VANCOUVER — An intense three-year drilling effort in Colombia keeps returning bonanza gold grades for Ventana Gold (VEN-T).
Lending Rates (February 23, 2009)
as of 9 a. m. ET. Feb. 17, 2009 (%) Bank of Canada 1.25 Target overnight rate 1.00 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
COMMENTARY: Maintenance: Cost Versus Investment
Mining is a tough business and in order to stay competitive, every available advantage must be considered and wherever possible, put into practice.
Chinalco Deal Rankles Rio Tinto Shareholders
The sixth trading week of 2009 saw a blockbuster deal struck between Rio Tinto and Aluminum Corp. of China (Chinalco), which has the Chinese state-owned major pumping a much larger than anticipated US…
Colossus Advances Serra Pelada, Raises $20.5M
The first systematic assay results for the full suite of platinum group elements at Colossus Minerals’ (CSI-T, COLUF-O) Serra Pelada project in Brazil appear to confirm what Vic Wall, the company’s pr…
Exchange Rates (February 23, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 16 Feb. 13 Feb. 12 Feb. 11 Feb. 10 US$ in C$ 1.2437 1.2433 1.2477 1.2424 1.2332 C$ in US$ 0.8041 0.8043 0.8015 0.8049 0…
Japanese Consortium Buys Into Uranium One
Uranium One (UUU-T, SXRZF-O) will raise $270 million through a private placement with a Japanese consortium made up of Tokyo Electric Power Co., Toshiba Corp., and the Japan Bank for International Coo…
Cadiscor And Tiomin To Combine
The proposed merger of Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O) will create a new company that will be well capitalized to become an intermediate gold producer, manage…
Chinalco Pumps US$19.5B Into Rio Tinto
China’s largest aluminum producer will invest US$19.5 billion in Rio Tinto (RTP-N, RIO-L) through joint ventures and convertible debt in a deal that will help the Anglo-Australian mining giant pay dow…
Canadian Gold Mutual Funds (February 23, 2009)
as of Dec. 31/08
Cash Call Emergency Threatens Minera Andes’ Survival
VANCOUVER — A few months ago, it seemed like Minera Andes (MAI-T, MNEAF-O) had it all: a 49% stake in a producing gold-silver mine, a massive copper deposit nearing development stage, and a pipeline …