Rising Nevsun declares first dividend (May 18, 2011)
Vancouver – Nevsun Resources (NSU-T, NSU-X) has followed up a successful ramp-up to production at its 60%-owned Bisha polymetallic mine in Eritrea by declaring a modest dividend.
Articles by Northern Miner Staff
High metal prices make Golden Queen’s Soledad look fine
Golden Queen Mining (GQM-T) is looking to prove that there is still plenty of gold in California, even if it is of a much lower grade than what the old 49ers were used to.
More drill results for Prodigy’s Magino
Prodigy Gold’s (PDG-V) shares got a boost during intraday trading after the junior released more drill results from its 20,000-metre drill program to in-fill and expand resources at its Magino gold deposit near Wawa, Ont., on May 18.
Short Position Report (May 18, 2011)
TSX Short Positions Short positions outstanding at May 15/11 (with changes from Apr….
Cline Mining slumps on production delays, dilutive financing
Vancouver – Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at the company’s recently reopened New Elk coal mine in Colorado were…
Rising diamond prices lift Harry Winston
Harry Winston Diamond Corp. (HW-T, HWD-N) says it is on track to produce 6.9 million carats this year, up from 6.5 million in 2010, at the Diavik mine.
Barclays is bullish on copper in 2H 2011
Copper prices could move lower before they go higher but Barclays Capital says it believes we have not yet seen the highs for this year.
Hathor doubles Roughrider deposit
The first resource estimate for the East Zone of the Roughrider uranium deposit in Saskatchewan’s Athabasca Basin doubles the overall size of the deposit, Hathor Exploration (HAT-T) reported today.
Canada Lithium revises Quebec Lithium’s resource
It has been a bumpy ride for Canada Lithium (CLQ-T) this year as it recently lowered its measured and indicated resource estimate for its Quebec Lithium project near Val d’Or, Que., to about one-third the amount previously estimated last…
Aureus rising in Liberia (May 16, 2011)
Fresh off of its initial public offering in mid-April, Aureus Mining (AUE-T) is intent on adding Liberia to the list of significant West African gold mining countries.
Good news for Quadra’s Sierra Gorda
Quadra FNX (QUX-T) is hooking up with Sumitomo to develop the sizable Sierra Gorda copper-molybdenum project in Chile.
Venture continues decline in May 9 – 13 period
Vancouver – The S&P TSX Venture Exchange had another tough week, dropping 50.38 points in the May 9 to 13 period after three days of losses outweighed two days of gains. The board ended at 2,038.22 points, the lowest in 2011 and a level not…