U.S. Markets Dec. 4-10
It was a relatively buoyant week for U.S. equity markets ahead of a widely expected interest rate cut. The Dow Jones Industrial Average rose 478.3 points to close at 13,727.03 over the Dec. 4-10 tradi…
Articles by Northern Miner Staff
TSX Venture Exchange Dec. 4-10
With bullion straddling the US$800-per-oz. level over the Dec. 4-10 trading session, the S&P-TSX Venture Composite Index eked out a modest gain of 33.87 points to close at 2,751.27. Daily trading …
Toronto Stock Exchange Dec. 4-10
As global equity markets rallied on signs of resilience from the United States, the TSX Composite Index continued its upward momentum during the Dec. 4-10 trading period, with a 2.1% increase from the…
Peak Gold raises $110M
Vancouver — A $110-million financing will help Peak Gold (PIK-V, PIKGF-O) move ahead with continued exploration and efforts to increase production efficiencies at its Amapari and Peak mines, even tho…
Kodiak cuts more Hercules high-grade (December 17, 2007)
Vancouver — Drilling by Kodiak Exploration (KXL-V, KXLAF-O) on its Hercules gold project, in the Beardmore-Geraldton greenstone belt of northwestern Ontario, has tapped into more high-grade mineraliz…
Aurelian intersects gold in infill, stepout holes (December 17, 2007)
Recent resource-definition drilling by Aurelian Resources (ARU-T, AUREF-O) at the Fruta del Norte gold-silver deposit in southern Ecuador has yielded several long, high-grade intersections.
Western Troy adds up at Macleod Lake (December 17, 2007)
Thanks to a field season’s drilling, Western Troy Capital Resources (WRY-V, WTCRF-O) has updated the resource estimate at its Macleod Lake molybdenum-copper project in north-central Quebec.
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.
Mirabela Nickel’s Santa Rita shines
When Mirabela Nickel’s (MNB-T, MBN-A) Santa Rita hard rock nickel deposit in Brazil starts producing 18,500 tonnes of nickel in concentrate a year beginning in mid-2009, it will be one of the world’s …
People (December 17, 2007)
Bolivar Mining — Michael Ellis appointed to recently created position — chief engineering and mining officer.
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…
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…