U.S. Markets April 11-17
Rising tension in the Middle East was the main fear factor driving up prices for energy and gold over the report period April 11-17. Investors bid up shares of gold, oil and copper producers, but gave…
Articles by Northern Miner Staff
Toronto Stock Exchange April 11-17
Concerns over inflation, interest rates and upcoming earnings reports saw the Toronto Stock Exchange crawl 19.32 points higher to end the holiday-shortened April 11-17 report period at 12,309.02. The…
TSX Venture Exchange April 11-17
Soaring metal prices propelled the S&P-TSX Venture Composite Index to a closing high of 3,091.31 over the April 11-17 session, up 44.01 points, or 1.4%. Average daily trading volumes were also bol…
Kamoto copper can resume production: study (April 24, 2006)
A feasibility study on the dormant Kamoto copper mine in Katanga province, Democratic Republic of the Congo (DRC), says a capital infusion of US$427 million can put the mine back into production….
Coal sales soften for Elk Valley
Vancouver — Prices and demand for coal have softened in recent months, putting a damper on the projected financial performance of Fording Canadian Coal Trust (FDG.UN-T, FDG-N)….
Orezone pins estimate on Sega (April 24, 2006)
Ottawa-based junior Orezone Resources (OZN-T, OZN-X) now has a resource estimate for its Sega gold project in northern Burkina Faso, which the company hopes to expand based on new drilling….
Conquest cuts gold at King Bay (April 24, 2006)
A 3-hole winter drilling program by Conquest Resources (CQR-V, CQRL-O), at the King’s Bay property in the Sturgeon Lake area of northwestern Ontario, has intersected stockwork gold mineralization….
San Gold flips switch at Bissett (April 24, 2006)
San Gold (SGR-V, SGRCF-O) has started processing stockpiled ore at the Rice Lake mill near Bissett, Man., in preparation for putting the San Antonio gold mine back into production….
Anaconda to dewater Damoti ramp
Following a preliminary economic assessment, junior explorers Anaconda Gold (ANX-V, ANXGF-O) and Doublestar Resources (DSR-V, DOUBF-O) are budgeting a program of dewatering and bulk sampling at the Da…
ATAC stakes Yukon gold-silver prospect
Vancouver — A staking effort has provided ATAC Resources (ATC-V, ATADF-O) with an intrusive-hosted gold-silver prospect in the Dawson Range of the western Yukon….
Cross Lake aims to revive QR mine
Vancouver — An independent feasibility study commissioned by Cross Lake Minerals (CRN-T, CLKMF-O) has concluded that the past-producing QR gold mine near Quesnel, B.C., could be placed back into prod…
Canyon loses another round in battle over Seven-up Pete
Vancouver — A district court in Montana has dismissed a complaint by Canyon Resources (CAU-X) for a federal “takings” claim by the company-led Seven-Up Pete joint venture, which had sought to develop…