Thompson Creek To Close Moly Mines For A Month
VANCOUVER — Following the lead of other molybdenum miners, Thompson Creek Metals (TCM-T, TC-N) is slashing its production forecast for 2009.
Articles by Northern Miner Staff
Lending Rates (February 09, 2009)
as of 9 a. m. ET. Feb. 3, 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 …
TSX Short Positions (February 09, 2009)
Short positions outstanding at Jan. 15/09 (with changes from Dec. 31/08).
PDAC President Breaks Down Budget Benefits
The following is a message sent to members of the Prospectors & Developers Association of Canada on Jan. 28 by the organization’s president, Jon Baird, in response to the federal government’s new …
Rio Tinto Woos Chinese
The week ended Jan. 31, the fourth trading week of 2009, was rife with speculation over Rio Tinto’s future, and just what the debt-crippled giant might hand over to its deep-pocketed 9% shareholder, s…
More Gold For Osisko At Canadian Malartic
With a feasibility study completed and 6.3 million oz. of gold reserves already outlined in the main ore-body at its Canadian Malartic deposit, in Quebec, Osisko Mining (OSK-T, OSKFF-O) wants more.
Colombia proving golden for Ventana
Vancouver – An intense three-year drilling effort in Colombia keeps returning bonanza gold grades for Ventana Gol…
Sacked CEO fights to replace Polar Star board
Ex-Polar Star Mining (PSR-V) president and CEO, Douglas Willock, is rallying shareholders to help him replace the c…
Minera Andes outlines US$2.7B copper project in Argentina
Vancouver – The price-tag to develop Minera Andes’ (MAI-T) Los Azules copper project is US$2.7 billion, the company…
Southern Copper plays white knight to Frontera Copper
Less than two months after the board of Frontera Copper Corp. (FCC-T, FRCPF-O) urged shareholders to reject an unso…
Pacific North West buys past-producing Nixon Fork gold mine
While many resource companies are experiencing considerable pain in a bear market precipitated by worldwide recessi…
Record year for US mine penalties
Vancouver – Fines for safety violations at American mines soared to an all-time high in 2008. Over the past three y…