NORTH AMERICAN STOCK EXCHANGE INDICES (June 02, 2008)
52-week Date May 26 May 23 May 22 May 21 May 20 High Low S&P/TSX-Ven Comp 2718.75 2706.37 2680.33 2671.76 2661.14 3341.56 2340.21 TSX Composite 14758.57 14723.36 14792.36 147…
Articles by Northern Miner Staff
BID-ASK — MAY 20-26, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.18 0.12 Afrasia Minl F V 0.25 0.60 0.22 0.49 0….
Runaway tailings forces closure of Gold Hawk’s Coricancha mine in Peru
Unexplained ground movement around the dry tailings storage area of Gold Hawk Resources’ (CGK-V, CGHRF-O) Coricancha silver-gold-lead-zinc mine in Peru has forced the company to shut down crushing and…
Strait Gold expands grassroots exploration in Peru (June 02, 2008)
Hoping to one day fill a void left by major companies, Peru-focused Strait Gold (SRD-V, SAIDF-O) has grown from one to four early-stage projects since going public in fall 2006.
Higher input costs will squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and depreciation (EBITDA) margins over the next five years than they have over the past 20…
TSX VENTURE SHORT POSITIONS (June 02, 2008)
Short positions outstanding at May. 15/08 (with changes from Apr. 30/08).
Paramount set to redo San Miguel estimate with host of new results
VANCOUVER — Paramount Gold and Silver’s (PZG-T, PZG-X) San Miguel project has produced an impressive set of drill results over the last year, boosted in large part by the results out of the newly dis…
Supercycle skeptics sound off
For the last two weeks, we’ve been hearing mostly positive views about the commodity supercycle. In the last of a 3-part series, more supercycle skeptics have their say.
EnCana narrows its focus with oilsands spinout
For EnCana (ECA-T, ECA-N), being big had its disadvantages.
Hello US$130 oil
The macroeconomic effects of higher oil prices made headlines around the world during the week ended May 24, the 21st trading week of 2008.
Recovering stranded bitumen
There is a way to access stranded bitumen resources while at the same time improving reclamation performance — that’s what mining engineer Howard Keele would like to prove with a conceptual technolog…
U. S. MARKETS MAY 20-23
Markets were closed in the U. S. on May 26 for Memorial Day, following the May 20-23 trading session — one of the worst trading weeks in months. Anxiety about the impact of higher oil prices dominate…