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.
Articles by Northern Miner Staff
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…
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.
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…
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…
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).
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.
Canadians lead new Scramble for Africa
London, U.K. — Africa is endowed with an abundance of natural resources, particularly minerals — hence the “Scramble for Africa” of the pre-colonization era in the 18th and early 19th centuries, whe…
CVRD changes name to Vale
Say goodbye to the abbreviation CVRD. Companhia Vale do Rio Doce, the Brazilian mining giant, has changed its name to Vale (RIO-N).
Copper dubbed ‘one-trick pony’ in 2008 forecast
In their report on copper and zinc prices, Scotia Capital analysts Onno Rutten and Lawrence Smith upped their copper price forecast by 35% to US$3.25 per lb., but turned bearish on zinc.
After surviving DRC’s dog days, Banro nears its payday
SITE VISIT Bukavu, Democratic Republic of the Congo — Flying over lush green folds of land in the eastern Congo, the village huts below, surrounded…
Copper-hungry Sherwood taking over Western Keltic (December 10, 2007)
Vancouver — Fresh off the success of its newly opened and already growing Minto mine, Sherwood Copper (SWC-V, SWOPF-O) has launched a friendly takeover bid for Western Keltic Mines (WKM-V, WLKTF-O) i…