TORONTO STOCK EXCHANGE JULY 2-7
It was nothing short of a bloodbath. The S&PTSX Composite Index crashed 754.23 points, or 5.3%, to 13,712.8 during the July 1-7 trading session, while the Capped Metals and Mining Index fell 94.28…
Articles by Northern Miner Staff
U. S. MARKETS JULY 1-7
The surging oil price continued to weigh on equities during the July 1-7 trading session. The Dow Jones Industrial Average dropped 118 points, or 1%, to 11,232; the S&P 500 Index fell 28 points, o…
Editorial: Carbon taxes leave Canadians cold
The week ended July 5, the 27th trading week of 2008, saw two very bad ideas come to the fore in Canada.
New copper finds needed to replace reserves: MEG
In a recent study, Halifax, N. S.-based Metals Economics Group (MEG) concludes that copper reserves in the ground maintain a comfortable cushion of about 30 years’ production. However, two potential p…
Livengood results lift International Tower Hill (July 14, 2008)
VANCOUVER — A long, well-mineralized intercept from its Livengood gold project in Alaska had International Tower Hill Mines (ITH-V, THM-X) up as much as 35% in recent trading.
Big resource boost at Detour Lake (July 14, 2008)
Detour Gold (DGC-T, DRGDF-O) has more than doubled measured and indicated resources at its Detour Lake project, in northern Ontario, to more than 10 million oz. gold.
First Nickel on firmer ground with Lockerby
First Nickel (FNI-T, FNKLF-O)wants to put market questions around its Lockerby nickel mine, in Ontario’s Sudbury basin, to bed.
Polar Star takes on Chile
SITE VISIT CALAMA, CHILE — It’s hard to wrap your head around the monstrosity of the Chuquicamata open-pit copper mine — affectionately known as “Chuqui”…
Pacific Rim suspends drilling in El Salvador
Pacific Rim Mining (PMU-T, PMU-X) is suspending drilling in El Salvador and shifting its exploration efforts to Costa Rica and Guatemala, countries that are “more politically stable for mining investm…
Noront tallies Eagle One resource
VANCOUVER — Since the discovery hole at the Double Eagle property in northeast Ontario hit massive sulphide mineralization in September, Noront Resources (NOT-V) investors have been anxiously awaitin…
Canadian Orebodies begins exploring McFaulds Lake
Canadian Orebodies (CO-V) has started early-stage exploration in the “Ring of Fire” in the McFaulds Lake area in the James Bay low- lands of northern Ontario. According to CEO Gordon McKinnon, the com…
Will the lead and platinum markets be derailed by auto industry woes?
The recent sales figures coming out of the automotive industry in Detroit have been awful, leading to layoffs at so…