Northern Peru heading to China
Vancouver — In a deal valued at $455 million, Northern Peru Copper (NOC-T, NPUCF-O) is being bought out by China Minmetals and Jiangxi Copper (JCC-L), majors willing to pay a premium to get their han…
Articles by Northern Miner Staff
Cold winds blow in Romania for Gabriel
Gabriel Resources (GBU-T, GBRRF-O) is slashing jobs and ending its land acquisition program at Europe’s largest undeveloped gold project as it becomes clearer that the current government has little in…
First Majestic finding promise in old Mexican mines (December 17, 2007)
Vancouver — Initial drill results from First Majestic Silver’s (FR-V, FRMSF-O) Chalchihuites group of properties in Zacatecas state show there’s still significant silver and zinc in the historic Mexi…
CNQ Trading — Dec. 4-10, 200
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 280 0.10 0.10 0.10 0.00 0.23 0.09 Avanti Mining AVMI 145 0.60 0.55 0.58 0.00 0.80 0.40 CDG…
Canadian Gold Mutual Funds (December 17, 2007)
Fund name Dec. 10($) Dec. 3($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 29.00 28.38 0.62 2.2 8.4 2.61 644 Altamira Pr & Str Mtl 12.85 12.48 0.37 3.0…
Jinchuan boosts interest in Continental
Vancouver — Chinese smelting group Jinchuan has boosted its interest in aspiring copper producer Continental Minerals (KMK-V, KMKCF-O) to 14% by exercising 8 million of the junior’s warrants for a to…
Freeport-McMoRan restarts Climax mine
With molybdenum prices trading recently at US$32.65 per lb. — up sharply from a 20-year high in 2004 of US$16 — it’s hardly surprising that Freeport-McMoRan Copper & Gold (FCX-N) plans to reopen…
TSX Short Positions (December 17, 2007)
Short positions outstanding at Nov. 30/07 (with changes from Nov. 15/07).
Alexis prepares Lac Pelletier for bulk sample
Alexis Minerals (AMC-T, AXSMF-O) is steering its Lac Pelletier gold project near Rouyn-Noranda, Que., towards a production decision, but first the company is getting the mine and the property ready fo…
People (December 17, 2007)
Bolivar Mining — Michael Ellis appointed to recently created position — chief engineering and mining officer.
Lead surprise for Zincore (December 17, 2007)
Zincore Metals (ZNC-T) has found a little more lead than expected in its Yanque zinc oxide deposit in southern Peru.
TSX Venture Short Positions (December 17, 2007)
Short positions outstanding at Nov. 30/07 (with changes from Nov. 15/07).