Augen Gold on hot property
SITE VISIT JEROME, ONT. — Augen Gold (AUJ-V) CEO Michael Fowler believes that where there’s smoke, there’s probably fire. And with the Young-Shannon gold deposit…
Articles by Northern Miner Staff
Goldcorp dekes out Agnico-Eagle with Gold Eagle bid
The pace of takeovers in the mining sector shows no signs of slowing, with the latest move seeing heavyweight Goldcorp( G-T, GG-N) making a friendly $1.5-billion cash-and-shares bid for Gold Eagle Min…
NovaGold sells hydro assets for $40M
NovaGold Resources (NG-T, NG-X) has started cashing in its non-core assets to help it deal with ongoing cost overruns at its three major northern gold projects — but at least one analyst says that No…
LME WAREHOUSE LEVELS (August 11, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 29, 2008 (change from July 22 in brackets):
TORONTO STOCK EXCHANGE JULY 29-AUG. 1
Although the S&P-TSX Composite Index climbed 1.4% over the holiday-shortened July 29-Aug 1 trading period, closing at 13,496.53 points, the gain wasn’t enough to make up for its 6% loss over the m…
SRA plans pilot germanium/gallium plant
Processing germanium and gallium from zinc leachate could earn Strategic Resource Acquisition Corp. (SRZ-T) a bonus operating profit of US$25 million a year on top of zinc income, a new scoping study …
Olympic power rationing hits Silvercorp
Vancouver – Inadequate coal supplies for Chinese power plants means industrial customers are facing power rationing…
Shareholder files class action against NovaGold over Galore Creek
A class action lawsuit has been filed against NovaGold Resources (NG-T) that claims the company issued false and mi…
A growing Storie for Columbia Yukon (August 08, 2008)
Vancouver – A new resource estimate upgrading most of the Storie molybdenum deposit to indicated is just what Colum…
Short Position Report (August 08, 2008)
TSX Short Positions Short positions ou…
Fortune Minerals updates Mt. Klappan feasibility study
Vancouver A lot has changed in the two and a half years since Fortune Minerals’ (FT-T) last feasibility study for…
Aurora works harder in face of uranium moratorium (August 07, 2008)
Vancouver – Aurora Energy Resources’ (AXU-T) is determined to keep advancing its Central Mineral Belt uranium proje…