Editor’s Picks: Deal-Making Aplenty
The most significant mining event of the fifteenth trading week of 2007 was very good news, even if the announcement was brief.
Articles by Northern Miner Staff
New Horizons: Andrews Takes Up Landscaping
Prospectors and Developers Association of Canada (PDAC) executive director Tony Andrews is chairing an international group that is taking a world-view look at Integrated Landscape Management (ILM).
Lead Poisoning Shuts Down Ivernia Mine
A lead poisoning investigation in a southwestern Australia port town has left lead miner Ivernia (IVW-T, IVWFF-O) with no choice but to stop production at its Magellan mine for three to four months un…
Big Cash Deal for U-Parts
In another show of love for uranium from the markets, metal trader Uranium Participation (U-T) has closed an equity financing that will bring it $95 million.
Daily Metal Prices (April 23, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
LME Warehouse Levels (April 23, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 16, 2007 (change from April 9 in brackets):
Producer and Dealer Prices (April 23, 2007)
Antimony : Mid-mkt US$5,400/t.
More Gold at Hope Bay
In a drilling program intended to increase confidence in previously known resources, Miramar Mining (MAE-T, MNG-X) has had its plans derailed by the discovery of significant new resources on the Hope …
Energy Metals Readies La Palangana for Production
The South Texas project held by Energy Metals (EMC-T, EMU-N) and privately held Everest Exploration are now at the permitting and engineering stage, offering hope that the two projects can be in produ…
Intercepts Buoy New Guinea Gold
Vancouver — Recent drilling by New Guinea Gold (NGG-V, NGUGF-O) at its Sinivit project in East New Britain province, Papua New Guinea, cut a number of shallow, high-grade gold intervals giving the as…
Lundin to Absorb Tenke
Vancouver — Advancing its plan to become a major international mining house, Lundin Mining (LUN-T, LMC-X) has tabled a $1.4-billion all-stock deal to acquire sister company Tenke Mining (TNK-T, TNKDF…
Nova Moves Ahead With Drilling
Nova Uranium (NUC-V, NVURF-O) has completed its phase-three drill program of 28 drill holes totalling 2,450 metres at its Mont Laurier project in Quebec, 200 km northwest of Montreal.