Study adds 9 years to Canadian Royalties nickel project
The mine life for Canadian Royalties’ (CZZ-T) Nunavik Nickel project could be doubled to 18 years by mining the Meq…
Articles by Northern Miner Staff
BC exploration breaks record in 2007
Vancouver — Exploration spending in British Columbia hit an alltime high of $416 million in 2007, more than doubling last year’s record-breaking level and showing a 1,300% increase over the $29 milli…
TSX VENTURE EXCHANGE (February 04, 2008)
With an undertone of cautious optimism, the junior mining-dominated S&P-TSX Venture Composite Index charted a 7% recovery over the Jan. 22-28 trading session — climbing 167.28 points to 2,557.8. …
EXCHANGE RATES (February 04, 2008)
CANADIAN/ U. S. EXCHANGE ( Bank of Canada noon rate) Date Jan. 28 Jan. 25 Jan. 24 Jan. 23 Jan. 22 US$ in C$ 1.0044 1.0044 1.0072 1.0286 1.0253 C$ in US$ 0.9956 0.9956 0.9928 0.9722 …
Delta drills high-grade gold in Mali (February 04, 2008)
Vancouver — Drilling by Delta Exploration (DEV-V, DEVDF-O) has turned up some new discoveries on its Manalo gold project, in southwestern Mali.
Mano River aims to boost New Liberty gold tally
Vancouver– Mano River Resources (MNO-V, MANA-L) has begun a new round of drilling on its New Liberty gold project, in northwestern Liberia, aimed at increasing the resource.
Ecuador’s windfall profits tax deepens uncertainty (February 04, 2008)
News in December that Ecuador was following in the footsteps of Mongolia and Thailand with a windfall profits tax on miners has left the industry reeling with uncertainty.
EDITOR’S PICKS: TOP STORIES OF WEEK 4
The spectacular failure of South Africa’s state-owned electricity supplier, Eskom, to provide power to the nation’s industrial sector was easily the most significant event in the global mining industr…
INTERNATIONAL QUOTES (February 04, 2008)
Australia ( A$) Jan 29 Jan 15 Change Bendigo Mining 0.35 0.38 – 0.03 Centamin Egypt 1.43 1.51 – 0.08 Emperor Mines 0.07 0.07 0.00 Kingsgate Cons. 4.60 4.90 – 0.30 Lio…
First Quantum raises copper production 24%
Vancouver — First Quantum Minerals (FM-T, FQM-L) produced roughly 500 million lbs. (226,693 tonnes) of copper in 2007 — 24% more than the previous year — buoyed by record fourth-quarter output of a…
Investors say Tanzania a safe bet on gold
After South Africa and Ghana, Tanzania is Africa’s third-largest gold producer. That’s not a bad ranking for a country about the size of Texas.
Pan African aims to prove up Madagascar gold
Pan African Mining (PAF-V, PAFRF-O) is doing its part to build on the mining momentum taking hold of Madagascar.