BHP Billiton, Norilsk line up
Russian nickel producer Norilsk Nickel (NILSY-O, MNOD-L) has concluded a strategic alliance with another of the Big Three, this time signing a deal with BHP Billiton (BHP-N, BLT-L)….
Articles by Northern Miner Staff
Skye ups resource in Guatemala (July 17, 2006)
A recalculation of resources in conjunction with a feasibility study for the Fenix nickel-laterite project, in central Guatemala, puts the size of the five deposits planned for development at 41.1 mil…
Multiple new zones at Rio Minas
Vancouver — Preliminary mapping and sampling by Chesapeake Gold (CKG-V, CHPGF-O) has resulted in the discovery of five zones of copper-silver-zinc mineralization at its wholly owned Rio Minas propert…
Editorial: The grass keeps growing
The lawsuit duel between the Kitchenuhmaykoosib Inninuwug First Nation and junior explorer Platinex — detailed in our news story last week T.N.M., July 7-13/06) — shows the lengths to which competin…
Zaruma board survives coup
Gold and copper hopeful Zaruma Resources (ZMR-T, ZMRAF-O) is free to proceed with a financing deal that would see construction at its Luz del Cobre copper project in Mexico financed by Swiss-based met…
Equinox revises Lumwana figures
While the market initially reacted harshly to news from Equinox Minerals (EQN-T, EQXMF-O) regarding rising capital costs at its Lumwana copper project in Zambia, with time, the market came to see the…
Peabody Excel-erates its coal business
St. Louis, Mo.-based coal producer Peabody Energy (BTU-N) has agreed to a cash deal to take over Australian coal producer Excel Coal (EXOAF-O, EXL-A) for about US$1.5 billion….
Xstrata raises the stakes (July 17, 2006)
After taking a few days to root around in its pocketbook, Xstrata (XSRAF-O, XTA-L) has boosted its all-cash bid for the 80.2% of Falconbridge’s (FAL-T, FAL-N) shares it doesn’t already own by $6.50 pe…
Lending Rates (July 17, 2006)
| as of 4 pm ET, July 11, 2006 | (%) | ||||||||||||||||||||||||||||||||
| Bank of Canada | 4.50 | ||||||||||||||||||||||||||||||||
| Target overnight rate | 4.25 | ||||||||||||||||||||||||||||||||
| Canadian Prime | 6.00
Dividends (July 17, 2006)
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