NovaGold Resources Receives Lifeline
February 2009 by Scott HarnThe company’s stock had plunged when it announced in November that it wouldn’t have sufficient cash to meet obligations if it couldn’t raise additional funds by the end of 2008. It began 2008 at $8.85 per share and ended the year at $1.47.
After burning more than 350 square miles, the Carr Fire near Redding, California, was finally out. Luckily our home was spared, and I had the opportunity to go metal detecting in burned areas previously too overgrown to access.
The Canadian copper industry is benefiting from the current high metal prices, and exploration activity should remain high over the coming year as new mines are developed and continuous improvement programs increase efficiencies at existing operations.
How to invest in junior mining stocks: In order to form a basis for evaluating mining stocks, it is important to understand the progression of projects from the very first glimmerings in the eyes of a prospector to actual, full-scale, revenue-producing production of the metals themselves.
Until just recently, platinum-group metals (PGMs), especially palladium, had been holding their own on the market. But, Russia has now resumed shipments and it has brought prices down.
Casperson said he is not worried about businesses subverting the language in the bill because the DEQ would still have the authority to halt the new construction if it is deemed environmentally unsound.
When we last heard from Ernie, he was still in Honduras and we were anxiously waiting to hear how the set up and training went at the mine. It got a bit complicated after that.
The Bawl Mill • Our Readers Say • Oldest Journal Contest - The Winners • The St. Louis Gold District • Mining Boom May Be In Store For Upper Michigan • Mining Gold Near Elk Creek, Oregon • East Coast Dredger Heads West - Part II • Lost Canyon • High Court to Rule on Kensington Tailings • Prospecting in Tennessee • A Warning About Mercury • Jerritt Canyon Mill May Reopen • Looking Back • Melman on Gold & Silver • Mining Stock Quotes, Mineral & Metal Prices