Articles by Northern Miner Staff
Cameco allies with junior
Vancouver — A newly signed agreement sets the stage for a proposed “strategic alliance” between uranium producer Cameco (COO-T, CCJ-N) and uranium explorer Hornby Bay Exploration (HBE-V, HRBYF-O)….
Daily Metal Prices (April 17, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
U.S. Markets April 4-10
Stock markets in the United States started strongly in the reporting period April 4-10, but oil price jitters took over in the last three trading days to leave the market indices near where they start…
Yamana closes Desert Sun acquisition
Yamana Gold (YRI-T, AUY-X, YAU-L) has completed its takeover of Desert Sun Mining (DSM-T, DEZ-X) after court approval of the merger plan….
Cogema discovers new Midwest zone
An exploration drilling program by Cogema Resources at the Midwest project in northern Saskatchewan has intersected a new mineralized zone about 3 km northeast of the known Midwest resource….
Sydney, Band-Ore plot merger — and demerger
Sydney Resource (SYR-V, SYROF-O) and Band-Ore Resources (ban-t, bndof-o) have unveiled a plan to amalgamate the two companies and then divide the assets between two new companies, one to control Band-…
Indicator discovers diamonds at Barrow
The recent recovery of 176 diamonds from a piece of kimberlite float has Indicator Minerals (ime-v, imeef-o) gearing up for a busy exploration season at its 80%-owned Barrow project in the Franklin di…
Low moly prices could thwart Phelps’ plans for Climax
Phelps Dodge (PD-N) has announced plans to restart its Climax molybdenum mine, in Leadville, Colo., but with the metal’s price down from last year, not everyone is convinced the plans will come to fru…
Cameco’s Cigar doused (April 17, 2006)
Saskatoon, Sask.-based uranium giant Cameco (CCO-T, CCJ-N) has suspended construction of the ventilation shaft at its Cigar Lake uranium project in northern Saskatchewan, owing to a water leak at the…
Metalex recovers more diamonds from T1 kimberlite
Vancouver — A total of 243 diamonds has been recovered from a recent hole drilled by Metalex Ventures (MTX-V, MLXVF-O) to further test the T1 kimberlite pipe at the company’s 92%-owned Kyle Lake proj…
Queenstake’s losses narrow
Vancouver — Staying on track with its redevelopment plan, Queenstake Resources (QRL-T, QEE-X) reported 2005 gold production of just over 204,000 oz. from its Jerritt Canyon operations in northeastern…