Toronto Stock Exchange December 9-15
A slight improvement in commodities prices helped offset the losses for the S&P/TSX composite index over the Dec. 9-15 trading period. The benchmark fell 105 points or 1.2%, to finish at about 8,4…
Articles by Northern Miner Staff
U. S. Markets December 9-15
Broad U. S. equity indices were down during the Dec. 9-15 trading session, with the Dow Jones Industrial Average dropping 370 points, or 4.1%, to 8,565; the S&P 500 index losing 41 points, or 4.5%…
People (December 22, 2008)
Aflease Gold — Bill Lupien has resigned as a director.
Sponsored Toy Drive
In keeping with the spirit of the holidays, each year a collection of Western Canada-based mining companies sponsor a toy drive. This year, the event raised $1,415 in cash to be donated in food or toy…
Suppliers News: Aggreko Gets Out Of Europe, Into India
In light of shifting demand, U. K.- based Aggreko (AGK-l) has sold its European rental business to Atlas Copco and acquired the assets of Cummins (CMI-n) rental business in India.
ME E T I N G S (December 22, 2008)
Dec 22 Archon Minerals AG Dec 22 Dorex Mineals AG Dec 22 Prospector Consolidated AG Dec 22 Regent Ventures AG Dec 23 Centurion Minerals AGS Dec 23 Entourage Mining AG…
Mexivada Signs Diamond Deal In Sierra Leone
The 968-carat “Star of Sierra Leone” diamond was discovered in 1972 — just a few miles north of where Mexivada Mining (MNV-V, MXVDF-o) will soon start its alluvial diamond mining operations.
Northern Dynasty, Anglo Update Pebble Resource
Vancouver — As Northern Dynasty Minerals (NDM-T, NAK-x) and Anglo American (AAUK-Q , AAL-l) move the Pebble copper-gold-molybdenum property in Alaska foward, the partners have released an updated res…
Suppliers News: Abb Adds Ber-mac Electrical To Its Ranks
Zurich, Switzerland-based power and automation technology company ABB Inc. (ABB-n) has acquired Calgary-based Ber-Mac Electrical and Instrumentation, expanding the Swiss multinational’s services in We…
Correction (December 22, 2008)
In the story “Second time’s the charm at Boyongan” ( T. N. M., Dec. 8-14/08), we inaccurately stated that Philex Gold is purchasing a further 50% interest in the Boyongan project from Anglo American. …
Editorial: Code Red For Rio Tinto
Rio Tinto’s debt pangs grew acute during the week ended Dec. 13, the fiftieth trading week of 2008. They were set off this time around by the late November collapse of BHP Billiton’s drawn-out hostile…
COMMENTARY: Ontario A Leader In Partnerships With First Nations Communities
The following article was written by the Ontario Mining Association.