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- Northwest Territories
Find the latest news for the province Northwest Territories
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Venture continues downward slide Sept. 26-30
Vancouver - The S&P TSX Venture Composite Index had another tough week, dropping 78.91 points in the September 26 to 30 period to end at 1,467.17 points. Volume remained elevated with an average of 98.5 million shares traded daily. [Full Story]
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TSX moves slightly up, Sept 26-30
After the previous sour trading week, the TSX Composite Index gained 160.97 points to close the Sept. 26-30 period at 11,623.84, despite rising concerns over the U.S. economy and the European debt crisis. However, that upward movement was not... [Full Story]
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Wealth Minerals focuses on rare earths
With the Chinese recently choking the supply for rare earths, there's a race to get new production from outside China. Specialty minerals explorer Wealth Minerals (WML-V) is part of that hustle, touting its Rodeo de los Molles deposit in... [Full Story]
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China's Minmetals strikes again
Minmetals Resources, in which China's state-owned Minmetals Group holds a majority stake, is flexing its muscle again with a friendly takeover offer for Anvil Mining (AVM-T), a Canadian company with a copper mine in the Democratic Republic of... [Full Story]
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Highlights from Precious Metals Summit, Part I
Over the next to days The Northern Miner will look back at some of the stand-out presentations from the Precious Metals Summit, which took place in Vail, Colorado in mid-September. Today's segment will look at presentations made by the chief... [Full Story]
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GeoMega's Montviel is no longer a secret
"The secret will be out with the initial resource estimate," said GeoMega's (GMA-V) president Simon Britt, referring to the potential at the company's Montviel carbonatite rare earth elements (REE) property in Abitibi, Que. [Full Story]
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Mongolian MPs post hostile letter about OT
In an open letter to Rio Tinto (RIO-N, RIO-L) published yesterday on Mongolian website medee.nn, a group of twenty parliamentarians in Mongolia reportedly accused the government of breaking the law when it concluded an investment agreement (IA)... [Full Story]
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Nevada copper lures Enexco south
Having some money kicking around from the old uranium boom days has its advantages. International Enexco (IEC-V) made its name as a uranium play over five years ago at the height of the buzz over the radioactive metal as the prospectiveness of... [Full Story]
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Allana Potash adopts shareholder rights plan
In an effort to discourage any unsolicited and unfair takeover bids Allana Potash (AAA-T, ALLRF-O) announced yesterday that it is adopting a shareholder rights plan. But the company emphasized that while it is in talks with various strategic... [Full Story]
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Rio revisits Saskatchewan's potash scene
Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009 to help pay off its debt during the 2008-09 recession. [Full Story]
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Venture falls to 13-month low during Sept. 19-23
Vancouver - The S&P TSX Venture Exchange Index lost a dismal 216.77 points during the Sept. 19-23 period, falling to a 13-month low at 1,534.18 points. The index declined on all five days as European debt worries and slower-than-expected... [Full Story]
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A Mutiny at Gullewa
The Gullewa project in Western Australia has attracted some interest of late both for its high grade gold, silver and copper mineralization and for the wheeling and dealing being done around it. The project had, just a short time ago, been the... [Full Story]
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Mandalay looks for discounted properties
The strategy at gold and antimony producer Mandalay Resources (MND-T) is to find assets that can generate enough cash to grow themselves and so far that strategy appears to be working at the junior's mines in Australia and Chile. [Full Story]
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Wall Street was a sea of red, Sept. 19-23
It was a disastrous week on Wall Street as mounting fears about the possibility of a double-dip recession pummeled U.S. equities. Continued anxiety over debt in Europe and sobering comments from the U.S. Federal Reserve contributed to the... [Full Story]
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