FNX Mining suspends contact nickel production at Levack
The axe has fallen on yet another nickel producer. Low metal prices and high operating costs have been blamed for…
2008
Noront hunkers down ahead of proxy battle
In the midst of a proxy fight with a dissident shareholder, the management of Noront Resources (NOT-V) took another…
Waratah rejects takeover bid by private Australian company
Waratah Coal (WCI-V) says a partial takeover bid by Mineralogy Pty. undervalues the company’s Galilee Basin coal pr…
Mount Polley looks to grow for Imperial Metals
Vancouver – Continuing exploration at the Mount Polley open pit copper-gold mine in central British Columbia is fin…
Jasper Mining announces more drill results from B.C.
In an interview with The Northern Miner in December 2005, Gordon Dixon, president of Jasper Mining (JSP-V), said …
Freeport McMoRan highlights positives for copper at Denver
In a presentation at the Denver Gold Forum in September, Richard Adkerson, president and CEO of Freeport McMoRan Co…
First Nickel puts Lockerby on care and maintenance
Four days after Belvedere Resources (BEL-V) said low nickel prices had forced it to temporarily suspend developme…
German consultant DMT buys Associated Geosciences
Essen, Germany-based company DMT GmbH & Co has acquired Canadian consultant Associated Geosciences Ltd. (AGL).
Minova diversifies with European acquisitions
Global rock-bolting and sealant company Minova International, the ground control division of Orica (ORI-A, OCLDF-o) has acquired two European bolt manufacturers, making it one of the world’s largest s…
Snowden photo competition
Every year Snowden Group holds its “Celebrating the Mining Industry” photo contest and exhibition. The competition receives entries from around the world. This year’s first-prize winner received $10,0…
U. S. MARKETS – OCT 7-13
“Volatile” would be an understatement to describe the Oct 7-13 trading session. Early in the period, U. S. markets continued their steep falls from the previous week. Finance ministers from the G-7 in…
TORONTO STOCK EXCHANGE – OCT 7-11
Despite touching new lows, the TSX Composite Index showed renewed signs of life at presstime. For the shortened Oct. 7-10 period, the index had fallen more than 1,165 points to 9,065.16, but as global…