Thompson Creek boasts stellar Q3
A sudden drop in molybdenum demand over the last few weeks has prompted Thompson Creek Metals (TCM-T, TC-n) to batten down the hatches.
Articles by Northern Miner Staff
China’s GDP growth slows to a simmer
As chief economist for non-Japan Asia at Credit Suisse First Boston in Hong Kong and a former senior regional economist and head of China research at Schroders Securities Asia, Dong Tao is probably on…
Potash One looks at solution mining in Saskatchewan
Vancouver — On the heels of an oversubscribed $10.4-million financing, Potash One (KCL-T, KCLOF-o) is starting prefeasibility work on the Legacy potash project in Saskatchewan, where it hopes to soon…
Mining policy, Venezuelan style (November 17, 2008)
Falling oil prices and the global credit crisis are fuelling Venezuela’s descent towards the lowest rungs on the ladder of investor confidence.
It’s a long moly Storie for Columbia Yukon (November 17, 2008)
Vancouver — Stepout drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for Columbia Yukon Explorations (CYU-V, CYUXF-o).
In pursuit of financing, Adanac retools Ruby Creek
Adanac Molybdenum (AUA-T, AUAYF-o) is looking into a new plan for its Ruby Creek moly project near Atlin, B. C., after figures from an updated feasibility study weren’t as promising as the originals.
INTERNATIONAL QUOTES (November 17, 2008)
Australia (A$) Nov 4 Oct 28 Change Bendigo Mining 0.12 0.11 0.01 Kingsgate Cons. 2.93 2.31 0.62 Lion Selection Ltd 1.10 1.20 -0.10 Newcrest Mining 20.65 17.71 2.94 Re…
Moly market ready for a rebound?
Molybdenum prices seemed to have found a home in the US$30- to US$35-per-lb. range for the past couple of years. Even as most other base metals went into freefall during the past few months, moly pric…
Pacific Comox’s vision for Ryan Lake (November 17, 2008)
SITE VISIT Matatchewan, Ont. — A big old pile of crushed ore sits outside the mill at Pacific Comox Resources’ (PCM-V, PAOCF-o) past-producing Ryan Lake…
LENDING RATES (November 17, 2008)
as of 9 a. m. ET. Nov. 11, 2008 (%) Bank of Canada 2.50 Target overnight rate 2.25 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 1.00 U. S. Prime …
DIVIDENDS (November 17, 2008)
Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Xstrata Canada will $0.2863 div…
CANADIAN GOLD MUTUAL FUNDS (November 17, 2008)
as of Sept. 31/08