Molycorp to raise $240M in IPO for REE mine
Molycorp, owner of the Mountain Pass rare earth element (REE) mine in California, is going ahead with an initial public offering (IPO) topping US$420 million so it can ramp up North America’s only cur…
Articles by Northern Miner Staff
Goldcorp invests $15.6M in Evolving Gold
Although the Evolving Gold (EVG-V) team consists of several former Newmont Mining (NMC-T, NEM-N) people, it’s Goldcorp (G-T, GG-N) that has decided to invest $15.6 million in the junior gold explorer.
Talison, Salares Lithium to merge
VANCOUVER — Australian producer Talison Minerals and Vancouver- based Salares Lithium (LIT-V) are joining forces to create the world’s largest publicly traded lithium production and exploration compa…
Shrewd Kinross reaps windfall
When it comes to adversity, some people just rise above it all.
Canadian M&As hit 5-year low
Canadian merger and acquisition (M&A) activity fell 30% in the first half of 2010, according to a new report issued by mergermarket.
Goldcorp enlists Cabo Drilling for Hollinger
North Vancouver-based Cabo Drilling (CBE-V) has snagged a contract with Goldcorp (G-T, GG-N) to drill 5,000 metres at the company’s Hollinger gold mine in Timmins, Ont.
Grupo Mexico to merge Asarco, Southern Copper
One of Mexico’s biggest natural resource company’s, Grupo Mexico, wants to unite two of its affiliates to create a behemoth in the copper world.
PEOPLE (August 02, 2010)
Sinchao Metals — Bruce Ramsden appointed VP of finance and CFO.
TSX VENTURE EXCHANGE JULY 19-23
The S&P/TSX Venture composite index managed four days of straight gains following an early week dip to close up 15.49 points at 1,394.98. Daily trading volumes increased for another week, averagin…
U.S. MARKETS JULY 19-23
U.S. equities were looking a little rosier during the July 19-23 trading week. The Dow Jones industrial average climbed 326.73 points or 3.24% to close at 10,424.62, while the S&P 500 index advanc…
LME WAREHOUSE LEVELS (August 02, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 27, 2010 (change from July 20 in brackets):
PRODUCER AND DEALER PRICES (August 02, 2010)
Antimony: Mid-mkt US$9,233.33 /t.