Andean drills high-grade ore shoot at Cerro Negro
Andean Resources (AND-T, AND-A) has found its Cerro Negro gold project in southern Argentina contains more than mee…
Articles by Northern Miner Staff
Largo reports findings of scoping study for Maracas Vanadium-PGM
With the red-hot steel market in Asia showing no signs of cooling, demand for rare and strategic metals like vanadi…
Spot Prices Courtesy of Scotiabank Tuesday, Dec. 4, 2007
Precious Metals Price (US$/oz.) Change Gold $790.25 -33.00 Silver $14.25 -0.40 Platinum $1460.00 -6.00 Palladium $347.00 -9.00 Base Metals Price (US$/lb.) Change Nickel $11.60 -1.24 Lead $1.28 -0.07 Copper $2.94…
More water woes for Cameco (December 10, 2007)
Vancouver — Water problems are again affecting underground operations at a Cameco (CCO-T, CCJ-N) uranium project in northern Saskatchewan’s Athabasca basin.
Century kicks off hostile bid for Sulliden (December 10, 2007)
Century Mining (CMM-V, CMNZF-O) has formally launched its hostile, all-share takeover bid for Sulliden Exploration (SUE-T, EXSDF-O).
Gold isn’t all that glitters
While investors buzz about the possibility of gold breaking the US$1,000 per oz. plateau in the coming year, Patricia Mohr, vice-president of industry and commodity research at Scotiabank, says the ho…
WGC predicts stronger gold
With the 1980 record gold price of US$850 per oz. within sight once again, high demand and tight supply of the yellow metal have the World Gold Council predicting a new price floor, making gold’s futu…
Rio spends as suitors circle
Rio Tinto (RTP-N, RIO-L) plans to get stronger and thwart BHP Billiton’s (BHP-N, BLT-L) hostile takeover bid the old-fashioned way — through organic growth.
Platinum shortfall
Vancouver — Global demand for platinum is poised to touch a record level of 6.93 million oz. this year, up 195,000 oz. or 2.9% from 2006, says refiner and PGM marketing group Johnson Matthey in its r…
Big money keeps on rolling in (December 10, 2007)
Vancouver — Despite the recent bearish trend in mining indices, financings continue to abound with exploration companies still attracting plenty of capital.
Peregrine finds diamondiferous pipes at Nunuq
Vancouver — A little arctic sparkle has boosted shares of Peregrine Diamonds (PGD-T) after drilling on its Nanuq project, in Nunavut, turned up a trio of diamondiferous kimberlite pipes.
LME Warehouse Levels (December 10, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 3, 2007 (change from Nov. 26 in brackets):