First Quantum hopes to acquire Scandinavian Minerals
First Quantum Minerals (FM-T, FQM-L) plans to pick up Scandinavian Minerals (SGL-T) and its giant nickel deposit in…
Articles by Northern Miner Staff
Canadian Gold Hunter on the prowl in Mexico, BC
VANCOUVER–The Caballo Blanco gold project in Veracruz, Mexico, is returning promising results for Canadian Gold Hunter (CGH-V).
TSX VENTURE EXCHANGE APRIL 8-14
The S&P-TSX Venture Composite Index posted a small gain in the second week of April, inching up 1.7 points over the April 8-14 trading session to close at 2,547.66.
LME WAREHOUSE LEVELS (April 21, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 15, 2008 (change from April 8 in brackets):
GFMS: Economic uncertainty will drive gold to record levels
The positive climate for gold investment will continue until late 2008 and quite likely into the first half of 2009, according to GFMS, the London-based precious metals research consultancy.
Japan teams with Aussie junior in Cambodia (April 21, 2008)
A Japanese government-run company has agreed to spend US$4.5 million over three years on two of Southern Gold’s (SUTHF-O, SAU-A) Cambodian exploration projects.
DAILY METAL PRICES (April 21, 2008)
Date April 14 April 11 April 10 April 9 April 8 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2810/2840 2835/2852 2840/2865 2780/2820 276…
BID-ASK — APRIL 8-14, 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 0.25 0.12 Afrasia Minl F V 0.28 0.42 0.28 0.55 0….
Labrador Inuit bar uranium development
In a narrow 8-7 vote, the Labrador Inuit government has passed a three-year moratorium on uranium mining — spelling out continued uncertainty for the area’s juniors.
EXCHANGE RATES (April 21, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 17 April 11 April 10 April 9 April 8 US$ in C$ 1.0208 1.0215 1.0179 1.0194 1.0150 C$ in US$ 0.9796 0.9790 0.9824 0.9810 …
Linatex acquires Durex Products
Linatex and Durex Products, both geared towards production of rubber parts and other products for material processing, have made a deal to merge.
Dover Corp. subsidiary acquires Brady’s Mining and Construction
Diamond cutter supply company US Synthetic has acquired Brady’s Mining and Construction Supply.