U.S. Gold in search of the Holy Grail
Robert McEwen, chairman and CEO of U.S. Gold (UGX-T, UXG-X), looks to the recent discovery of the 8-million-oz. Cortez Hills deposit by Placer Dome (now Barrick Gold [ABX-T, ABX-N]) as the motivation …
Articles by Northern Miner Staff
Arch Coal has stellar 2006
Arch Coal (ACI-N) is battling the weak American coal market by slashing its production target this year in anticipation of an upturn in years to come.
Exchange Rates (February 19, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (February 19, 2007)
Company Div.($) Pay Date Record Date Falconbridge pf2 f Feb 12 Jan 31 Potash C Sask 0.15* Feb 12 Jan 22 Royal Untilites 0.08 Feb…
Lending Rates (February 19, 2007)
as of 2 pm ET, Feb. 12, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S….
Jubilee expands resource Down Under
A new resource figure for the Sinclair nickel deposit near Leonora, Western Australia, is significantly higher than the previous one.
Tough year for De Beers
Diamond producers were faced with a challenging rough market in 2006, however, demand at the retail consumer level remained solid across the world, with an estimated growth of somewhere between 4% and…
SXR moves to acquire UrAsia (February 19, 2007)
SXR Uranium One (SXR-T, SXR-J) has offered to take over UrAsia Energy (UUU-V, UUU-L) to create a $5-billion uranium company that would have early production from Australia and South Africa, and advanc…
Revised feasibility study buoys Yukon Zinc
Vancouver — Yukon Zinc (YZC-V, YZCCF-O) has tabled an “optimized feasibility study” that indicates positive economics for its Wolverine polymetallic project in the Finlayson District of southeastern …
Silvercorp hopes to show Canadian miners the way in China.
Vancouver Aiming to be a trailblazer in Asia, Silvercorp (SVM-T) says it wants to become the first Canadian compa…
Uranium feasibility study for Equinox copper project
Equinox Minerals (EQN-T, EQN-A) has entered into a $175-million bought-deal financing agreement to fund the develop…
Centerra and Eldorado squash rumours
Centerra Gold (CG-T) and Eldorado Gold (ELD-T, EGO-X) took the unusual step of taking time to respond to the rumour…