TORONTO STOCK EXCHANGE MAY 20-26
After the TSX Composite Index hit a record high of 15,000 on May 20, the benchmark index slipped 1.9% to 14,758.57 points over the May 20-26 trading session. Other indexes followed suit, with the Capp…
Articles by Northern Miner Staff
More consolidation likely in oilsands
News reports that India’s biggest oil producer, Oil & Natural Gas Corp. (ONGC) is negotiating to buy a 100% interest in an unidentified mid-sized Canadian oilsands company has unleashed a flood of…
Redhawk hits near-surface
Redhawk Resources (RDK-V, RHWKF-O) has intersected some solid copper grades at its Copper Creek project, near San Manuel, Ariz., that it believes will add important near-surface resources to its next …
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…
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…
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.
EnCana narrows its focus with oilsands spinout
For EnCana (ECA-T, ECA-N), being big had its disadvantages.
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.
Alberta expansions continue apace
For generations, people from the have-not parts of Canada have found themselves “going down the road” to work in Alberta’s oil patch.
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…
Oromin rewarded for rapid progress at Sabodala
VANCOUVER — It’s a golden cycle for Oromin Explorations (OLE-V, OLEPF-O): strong drill results prompt the company to add more rigs to its Sabodala gold project, then the added rigs produce more stron…
Coalcorp raises $120M for ‘streamlined growth’
VANCOUVER — After a strategic review prompted by an unsolicited takeover offer, Coalcorp Mining (CCJ-T, CCJMF-O) is planning to ramp up production at its La Francia coal mine in Colombia to 6 million…