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- Northwest Territories
Find the latest news for the province Northwest Territories
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First Point shares up 105% so far in 2012
The junior mining sector is off to a fantastic start in 2012 and few companies have seen their share price rise as much as First Point Minerals (FPX-V). The company's shares are up 105% since Dec. 30, climbing from a near-52-week low of... [Full Story]
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Salazar gains on Lundin's investment
Salazar Resources (SRL-V) climbed 18% on news that Lundin Mining (LUN-T) acquired a 15.4% stake in the company by buying over 80% of Salazar's $3-million private placement, consisting of 6 million units priced at 50¢ apiece. [Full Story]
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Malaysia gives Lynas temporary licence
Shares of Lynas Corp. (LYC-A, LYSDY-O) closed 19% higher at A$1.59 on the Australian Stock Exchange following news that, after a year of delay, Malaysia has approved a temporary operating licence for the rare earth separation plant the company... [Full Story]
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Latin American Minerals clarifies and bounces back
A day after protests forced the cancellation of the grand opening of its newly minted Independencia Mine (which sits on its Paso Yobai gold project), Latin American Minerals (LAT-V) clarified the situation and recaptured the market cap it lost... [Full Story]
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Glencore, Xstrata in merger talks
Glencore (GLEN-L), the world's largest publicly listed commodities trader, is looking to combine with diversified miner, Xstrata (XTA-L), in a possible "all-share merger of equals" which will see the combined entity dominate the global markets... [Full Story]
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Great Western to reap Chinese expertise
Over the last month Great Western Minerals (GWG-T) has completed a joint-venture with the Chinese to build a rare earth separation plant near its Steenkampskraal mine in South Africa, about 350 km north of Capetown, and successfully carried out... [Full Story]
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The shine is back on uranium stocks
Korea Electric Power Corporation is taking a 13.9% stake in Strathmore Minerals (STM-T) in a deal that will also give the Korean energy giant off-take rights to a portion of the uranium junior's future production. [Full Story]
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LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 30, 2012 (change from Jan. 23 in brackets): [Full Story]
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