U.S. Markets November 20-26
It was another tough stretch for U.S. equity markets. The Dow Jones Industrial Average fell 215 points, to 12,743.44, over the reporting period Nov. 20-26, falling past the lows it touched in August. …
Articles by Northern Miner Staff
Toronto Stock Exchange November 20-26
Toronto’s main stock market index continued to falter as lingering worries over lending markets, the health of the U.S. economy and a weaker U.S. dollar battered investor confidence. The TSX Composite…
Western Canadian Coal plummets on Q2 loss
Vancouver — Western Canadian Coal’s (WTN-T, WTN-L) 2008 second quarter was not a pretty one, with the northeastern B.C. coal producer posting a whopping net loss of $43.9 million or 38 per share.
San Gold picks up $25M for Rice Lake
Vancouver — Following a slew of promising drill results from the company’s Rice Lake gold mine in Manitoba, San Gold (SGR-V, SGRCF-O) has announced a $25-million bought-deal private placement.
Gammon tackles ‘credibility issue’
Gammon Gold (GAM-T, GRS-X) was right when it predicted that financial problems stemming from its Mexican operations last quarter would persist into the third quarter, but management is now predicting …
Editorial: And these people are supposed to be serious
Well, the 47th trading week of 2007 brought more messages of consolidation, but ones that made us feel even more jaded than usual. And regulatory issues, forced into the light by anti-mining groups, m…
Miners more aware, less safe in 2006: survey
Facts ‘N’ Figures
Return of the Cheque Cashers
The decision by Newmont Mining (NMC-T, NEM-N) to spin out its royalty portfolio as a public company will effectively bring back its onetime takeover target, Franco-Nevada Mining.
Shakespeare to be
The Shakespeare nickel-copper project west of Sudbury, Ont., has been granted the regulatory green light for production and operator Ursa Major Minerals (UMJ-T, UMJMF-O) plans to start construction.
San Agustin shaping up above and below ground
Vancouver — With trenching expanding the mineralized footprint and drilling pulling up good grades over considerable lengths, Geologix Explorations’ (GIX-V, GXEXF-O) polymetallic San Agustin project,…
Pure Nickel, Crowflight team up for Manibridge (December 03, 2007)
Pure Nickel (NIC-T, PNCKF-O) and Crowflight Minerals (CML-V, CMLGF-O) will be combining interests on the Manibridge nickel property southwest of Wabowden, Man., a Pure Nickel property surrounded by Cr…
Resource security high on China’s agenda
As the world’s largest consumer of mineral raw materials, it’s no surprise that China’s mining companies are following their international peers and starting to hunt for resources overseas.