TORONTO STOCK EXCHANGE -Novenber 22-26
The TSX composite index was off 39 points to 12,892 points for the Nov. 22-26 trading period despite solid data on retail spending and signs of inflation. Along with such bullish indicators came incre…
Articles by Northern Miner Staff
PEOPLE (December 06, 2010)
Asia Now Resources — Lieng-Seng Wee resigned as a director; Chan Wing Kwong (commonly known as Wing Chan), John Lee Luen Wai, Alex Tjokrorahardjo and Ng Tai Chiu appointed directors.
Orbit Garant buys Advantage Control Technologies
Orbit Garant Drilling (OGD-T) has acquired Advantage Control Technologies (ACT). As part of the transaction, Orbit Garant will buy specialized technologies and equipment, while also expanding its oper…
Inmet contracts SNC-Lavalin for Cobre Panama
Inmet Mining (IMN-T) has awarded a contract to Joint Venture Panama (JVP), a joint venture held 70% by SNC-Lavalin Group (SNC-T), to provide basic engineering for the Cobre Panama copper-gold project …
North American Energy acquires Cyntech
North American Energy Partners (NAEP) (NOA-T, NOA-N) has bought Calgary-based Cyntech, a designer and manufacturer of screw piles and pipeline anchoring systems and a provider of tank maintenance serv…
Rio Tinto to create Sudbury research centre
Rio Tinto (RIO-N, RIO-L, RIO-A) has announced it will establish the Rio Tinto Centre for Underground Mine Construction at the Centre for Excellence in Mining Innovation (CEMI) in Sudbury, Ont. The min…
Lead, zinc in oversupply in 2010: ILZSG
The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead and zinc supply and demand during the first nine months of 2010. A brief summary is listed in the tables be…
Russia and gold
In a scenario long plotted out by gold bugs, there was another geopolitical shift in the use of the U.S. dollar and gold as financial instruments over the week.
Pershimco revives Panamanian project
VANCOUVER — Just two months after buying the Cerro Quema gold project in Panama, Pershimco Resources (PRO-V) is pulling long gold intercepts from the site as it works to twin historic holes and colla…
Corex gains on Santana results
VANCOUVER — Corex Gold (CGE-V) added 20% to its share price after another set of drill results from the Santana project in Mexico’s Sonora state expanded the Nicho gold-oxide zone.
Medusa to build a new plant at Co-O mine
Debt-free and unhedged gold producer Medusa Mining (MLL-T, MML-L, MML-A) will use US$80 million from its cash flow to build a new treatment plant and expand its Co-O gold mine in southeastern Mindanao…
Mercer holds gold in Colombia
With the gold boom in Colombia in full swing, it may come as some surprise that speculative land next to a 10-million-oz. gold deposit would still be available.