Historic Q2 can’t lift Etruscan’s shares
Although its second quarter represented a historic time for Etruscan Resources, (EET-T, ETRUF-O), the company has failed to gain any market traction from second-quarter results that saw its Youga gold…
Articles by Northern Miner Staff
MMX CEO denies gold smuggling, fixing tender
VANCOUVER–Shares of companies partially owned by Brazil’s richest man, Eike Batista, continued to take a beating on the markets after Brazil’s federal police raided his Rio de Janeiro home and office…
Teck to buy Fording for US$14.1B
In a move that will give it added exposure to rising metallurgical coal prices, Teck Cominco (TCK. B-T, TCK-N) has made a friendly US$14.1- billion bid for Fording Canadian Coal Trust (FDG. UN-T, FDG-…
Kinross bids for Aurelian
Count Kinross Gold (K-T, KGC-N) amongst the believers in Ecuador.
PEOPLE (August 04, 2008)
Amarc Resources — Paul Mann appointed CFO; Jeffrey Mason has resigned as CFO.
Editorial: Kinross’s bid for Aurelian: brilliant or nutty?
By far the biggest story during the week ended July 26, the thirtieth trading week of 2008, was the surprise bid by Kinross Gold for Aurelian Resources and its prized Fruta del Norte gold discovery, part of the junior’s Condor project in…
Copper Mountain weighs 2010 reopening of B. C. mine
Restarting a past-producing copper and precious metals mine in southern British Columbia looks more and more likely for Copper Mountain Mining (CUM-V).
Golden Predator snares Midway
VANCOUVER–Only a few months after manoeuvring a takeover of Fury Explorations (FUR-V, FURXF-O), tungsten producer Golden Predator Mines (GP-T, GPDRF-O) is signing onto a merger with Midway Gold (MDW-…
Teck and Xstrata close Lennard Shelf mine
Teck Cominco (TCK. B-T, TCK-N) and Xstrata (XSRAF-O, XTA-L) are closing the Lennard Shelf Pillara zinc-lead mine in Western Australia, because it is no longer economic.
Romarco growing resource at historic Haile mine (August 04, 2008)
VANCOUVER–With drilling to confirm the historic resource complete, Romarco Minerals (R-V, RTRAF-O) is focused on expanding the gold zone at its Haile mine in South Carolina. Both efforts are returnin…
First blush numbers look good for Tyhee
Tyhee Development’s (TDC-V, TYHJF-O) Yellowknife gold project in the Northwest Territories should post a pre-tax internal rate of return of 21.3% and a pre-tax net present value (NPV) of US$145 millio…
INTERNATIONAL QUOTES (August 04, 2008)
Australia (A$) July 29 July 22 Change Bendigo Mining 0.23 0.28 -0.05 Centamin Egypt 1.08 1.15 -0.07 Kingsgate Cons. 5.70 6.04 -0.34 Lion Selection Ltd 1.51 1.62 -0.11 …