The uranium bottleneck
Be prepared for continued volatility in the uranium market this year, but don’t expect the crazy price jumps of 2007, warned Ux Consulting senior vice-president Eric Webb at the recent Prospectors and…
Articles by Northern Miner Staff
Pencari quietly builds Madagascar holdings;Pencari quietly builds Madagascar holdings
About 15% of the land available for mining in Madagascar is unclaimed and it’s going fast, the country’s minister of energy and mines, Elyse Razaka, told The Northern Miner during an interview at the …
Eldorado inks iron ore deal with BHP
VANCOUVER — Eldorado Gold (ELD-T, EGO-X) has signed an agreement to sell future iron ore production from its 75%-owned Vila Nova project, in northern Brazil’s Amapa state, to mining giant BHP Billito…
Western Canadian Coal to acquire Falls Mountain
Close on the heels of completing a $40-million private placement of convertible debentures late last year, Western Canadian Coal (WTN-T, WTN-L) says it is set to acquire Cambrian Mining’s (CGIIF-O, CB…
SEC cracks down on hijacking (March 24, 2008)
Paramount Gold and Silver (PZG-T, PZG-X) is one of 26 companies that have been temporarily suspended by the U. S. Securities and Exchange Commission for allegedly hijacking the identities of defunct o…
Fragile finances imperil Constellation Copper (March 24, 2008)
Troubled Constellation Copper (CCU-T, CCUDF-O) may have to file for protection from creditors in Canada and the United States if its cash liquidity problems aren’t eased.
Molycor hits magnesium in Nevada
On a day when markets around the world tumbled on news of a Bear Stearns (BSC-N) fire sale, Molycor Gold (MOR-V, MLYFF-O) managed to carve out some slim gains based on drill results from its operation…
Strike at Inmet’s Ok Tedi shortlived
A strike at Inmet Mining’s (IMN-T, IEMMF-O) Ok Tedi copper-gold mine, in Papua New Guinea, lasted only four days, with workers agreeing to go back to work at the project on March 15.
Merrex delivers Mali gold
Merrex Gold (MXI-V, MXGIF-O)was eager get to drill results to the market from its operations in Mali, so it issued partial results from the first phase of drilling at its Siribaya gold project.
Thompson Creek reports solid 2007;Thompson Creek
Th o m p s o n Creek Metals’ (TCM-T, TC-N) year-end financials show the company is on solid ground a year and a half after completing a US$575 -m i l – lion acquisition that gave it producing molybden…
TSX VENTURE EXCHANGE (March 24, 2008)
U. S. credit market woes trumped gold’s recent surge through the US$1,000-per-oz. threshold, prompting a 99.44-point slide in the S&P-TSX Venture Composite Index, which closed the March 11-17 trad…
NovaGold lines up US$95 million to recharge treasury
Vancouver – After recently pulling the plug on a planned $130-million private placement due to “pricing conditions”…