Mining sector eyes leftist tilt in Ecuador
Vancouver Mining companies with operations in Ecuador say they remain cautiously optimistic after leftist economi…
Articles by Northern Miner Staff
Guarded optimism in the Philippines
There’s nowhere to go but up when it comes to mining production in the Philippines. In 1980, the mining sector …
Woodlawn pre-feasibility underway
Metallurgical testing and engineering and design work for the Woodlawn base metal project in New South Wales, Austr…
Gryphon Gold dealt major blow
Vancouver – Reserve and resource miscalculations in a recently completed feasibility study for Gryphon Gold’s (GGN-…
Metallica, Xstrata upgrade El Morro copper-gold resource (November 27, 2006)
Metallica Resources (MR-T, MRB-X) has announced a substantial upgrading of its La Fortuna copper-gold deposit at its El Morro project in Chile.
Crew buys Nugget Pond for Nalunaq ore (November 27, 2006)
Crew Gold (CRU-T, CRUGF-O) has struck a deal to buy the dormant Nugget Pond gold mill in Newfoundland from New Island Resources (NIS-V, NIREF-O) so that it can process ore from its Nalunaq gold mine i…
Lonmin bids for AfriOre
Platinum producer Lonmin (LMNIF-O, LMI-L) has reached an agreement to acquire AfriOre (AFO-T, AFOFF-O) in an all-cash deal.
Queenstake Q3 disappoints
Vancouver — Reduced gold production coupled with higher commodity and labour costs pushed Queenstake Resources (QRL-T, QEE-X) to its worst quarterly performance since acquiring the Jerritt Canyon min…
Exchange Rates (November 27, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (November 27, 2006)
Company Div. Pay Record ($) Date Date Alcoa 0.15* Nov 25 Nov 3 Noranda Incm Fd 0.085 Nov 27 Oct 31 Quest Capital 0.02 Nov…
Lending Rates (November 27, 2006)
as of 4 pm ET, Nov. 20, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S….
Australia’s Western Areas backs Mustang at Maskwa (November 27, 2006)
Perth, Australia-based nickel miner Western Areas (WSA-T, WSA-A) is investing up to $5 million in Mustang Minerals (MUM-V, MSMGF-O), enough money to allow the Toronto-based junior to complete a feasib…