Valencia upgrades Cachinal resourcce
A review of different scenarios, metal prices, designs and operating cost assumptions based on a new resource estimate for the Cachinal silver project in Chile, indicates a “reasonable prospect” for a…
Articles by Northern Miner Staff
Wallbridge inks deal with Vale Inco and Xstrata Nickel
Wallbridge Mining (WM-T, WLBMF-O) is teaming up with heavyweight nickel producers Vale Inco and Xstrata Nickel in a joint venture to find the next big deposit in the Sudbury mining camp.
Pallancata sees 187% reserve boost
International Minerals (IMZ-T, IMZLF-O) has boosted proven and probable reserves by 187% at its Pallancata silver-gold mine, in southern Peru.
HudBay ordered to give 777 records to Callinan (April 07, 2008)
A Manitoba court has ruled that HudBay Minerals (HBM-T, HBMFF-O) must provide Callinan Mines (CAA-V, CCNMF-O) with financial records for the 777 copper- zinc mine in Flin Flon.
INTERNATIONAL QUOTES (April 07, 2008)
Australia (A$) April 1 March 24 Change Bendigo Mining 0.29 0.31 -0.02 Centamin Egypt 1.48 1.48 0.00 Croesus Mining 0.28 n/a n/a Kingsgate Cons. 4.03 4.29 -0.26 Lion S…
Metallica, New Gold, Peak Gold to merge
What do you get when three junior gold companies jump into bed together? You get a globally diversified intermediate gold producer with a market capitalization of about US$1.6 billion.
LENDING RATES (April 07, 2008)
as of 9 a. m. ET, April 1, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
CANADIAN GOLD MUTUAL FUNDS (April 07, 2008)
Featured Fund: TD Precious Metals top holdings, as of 10/29/07 (in weighted order): Goldcorp, Barrick Gold, Yamana Gold, Agnico-Eagle Mines, Harry Winston Diamond, Palmarejo Silver and Gold, Anglo Ame…
MagIndustries scores potash licence
MagIndustries (MAA-V, MAAFF-O) has nailed a 25-year licence to mine potash in the Republic of Congo in equatorial Africa.
Terrane set to go with Mt. Milligan
VANCOUVER — Terrane Metals’ (TRX-V, TRXOF-O) Mt. Milligan is a go: a positive feasibility study for the mega copper-gold porphyry project in central British Columbia has Terrane envisaging production…
Rockwell Diamonds goes big
SITE VISIT KIMBERLEY, SOUTH AFRICA–In the heat of the South African sun, a massive earth-moving exercise is in progress. A PC3000, one of the largest…
EXCHANGE RATES (April 07, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date March 31 March 28 March 27 March 26 March 25 US$ in C$ 1.0279 1.0180 1.0147 1.0180 1.0177 C$ in US$ 0.9729 0.9822 0.9855 0.982…