Higher input costs will start to squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and d…
Articles by Northern Miner Staff
The commodity supercycle: myth or reality? Part 9
Eric Sprott is firmly in the bullish camp. Sprott is CEO of Sprott Inc. (SII-T), chairman of Sprott Resource Corp. …
Equinox poised to produce uranium by 2010 (May 19, 2008)
VANCOUVER — A positive feasibility study has given Equinox Minerals (EQN-T, EQMIF-O) the confidence it needed to add a uranium recovery facility to its production- ready Lumwana copper in Zambia.
METALS COMMENTARY (May 19, 2008)
Amid capital market turbulence, the global metals sector has seen a rush of mergers and acquisitions (M&A) and will continue to do so, according to a new report issued by PricewaterhouseCoopers (P…
INTERNATIONAL QUOTES (May 19, 2008)
Australia (A$) May 13 May 6 Change Bendigo Mining 0.29 0.30 -0.01 Centamin Egypt 1.38 1.39 -0.01 Croesus Mining 0.04 0.28 0.00 Kingsgate Cons. 5.30 5.00 0.30 Lion Sel…
BID-ASK — MAY 6-12, 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 Amazon Mng V 0.55 0.64 0.65 1.21 0.46 …
Same recipe, different dish: Rio Alto CEO sticks to the script with La Arena purchase
With its planned acquisition of Iamgold’s (IMG-T, IAG-N) La Arena copper-gold project, Rio Alto Mining’s president and chief executive Alex Black has signalled he’s ready to again make his mark on min…
PEOPLE (May 19, 2008)
Alcoa– Michael Schell appointed VP of business development and law; Klaus Kleinfield appointed president and CEO.
Western Bushveld has more to give to Platinum Group
Platinum Group Metals (PTM-T, PLG-X) picked a good time to release its first resource for one of the projects on its joint-ventured Western Bushveld property in South Africa.
DAILY METAL PRICES (May 19, 2008)
——— LEGEND
The commodity supercycle: myth or reality?
Since 2001, commodities have experienced a powerful bull market. Precious metals, base metals, coal, uranium, oil, natural gas, grains and potash have all gone up in price. The list goes on and on, an…
Semafo building strength in West Africa
In mid-April, Semafo (SMF-T, SEMFF-O) announced it had beaten its own production guidance by 4,200 oz. in turning out 28,700 oz. gold for the first quarter.