LME warehouse levels (March 11, 2011)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 28, 2011 (change from Feb. 21 in brackets):
Articles by Northern Miner Staff
Spot Prices (March 11, 2011)
Tuesday, Feb. 22, 2011
Market News (March 11, 2011)
Toronto Stock Exchange
Securities class actions hitting mining companies hard (March 11, 2011)
A disproportionate number of mining companies have been subject to securities class actions in recent years in Canada. Each action raises different facts and complaints about “misleading” disclosure. The impact on stock price and the resulting…
Commentary: How to account for flow-through shares under IFRS
As a chartered accountant active in Canada’s junior mining scene, I decided to tackle the subject of accounting for flow-through shares under International Financial Reporting Standards (IFRS) for four main reasons.
Batero rises on long intercepts
Batero Gold (BAT-V) released the best drill results yet from its Batero-Quinchia gold project in Colombia and the news took the company’s shares for a wild ride.
Richmont tallies Wasamac resource
Since joining the ranks of gold producers in 1991, Richmont Mines (RIC-T, RIC-X) has produced more than 1.2 million oz. gold from its operations in Quebec, Ontario and Newfoundland, and by mid-year the company expects to add production from its…
Chile a copper cornucopia
Chile is already the world’s largest producer of copper and home to around a third of global reserves of the red metal. That has led some to suggest that the country’s exploration potential may have peaked. But that’s not what the latest…
Trouble in a mineralogical paradise
In late December 2010 a spokesman for the National Democratic Front (NDF), a confederation that encompasses many of the Philippines’ leftist groups – including the Communist Party of the Philippines (CPP) and its New People’s Army (NPA)…
Augyva eyes iron in Quebec’s James Bay region
Iron ore mining and exploration in Quebec is focused in the northeast, but Georges-Yvan Gagnon, CEO of Augyva Mining Resources (AUV-V), is convinced there is great potential farther west in the province, specifically at the Duncan Lake project…
Ivanhoe, Altynalmas boost resource at Bakyrchik
A 50% increase of indicated resources at the Bakyrchik gold deposit “bodes well” for the definitive feasibility study that is due by June, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.
Medusa Mining delivers on promise (March 11, 2011)
Record gold production at low cash costs averaging US$186 per oz. contributed to a record net profit after-tax of US$58.1 million in the six months ended Dec. 31, 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.