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Articles
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05/02/2013
Northland Resources looks for alternate solutions after cancelling planned fundraising
Northland Resources (TSE:NAU)(OSLO:NAUR) says it has cancelled its planned US$375 million debt and equity offering announced late last month to help with its funding shortfall related to a production ramp-up at one of its projects.
News
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15/03/13
Northland Resources delisted from Toronto bourse as of close Friday -
11/02/13
Northland Resources under delisting review by TMX -
08/02/13
Northland Resources to reconstruct Swedish subsidiary in bid to seek long-term funding solution -
24/01/13
Northland Resources shares plunge on funding shortfall -
28/12/11
Northland Resources "the cheapest listed near production" iron ore play, says Ocean Equities -
23/11/11
Northland Resources is "cheapest listed" iron ore play, says Ocean Equities -
20/08/10
Northland secure key environmental permit for iron ore mine in Sweden -
01/02/10
Northland Resources and Swedish Rail Administration to jointly finance railroad for iron ore mine -
23/11/09
Northland Resources in talks to integrate Kobe Steel’s iron nugget technology into Hannukainen deposit -
07/09/09
Northland Resources moves to feasibility study for Kaunisvaara iron ore project in Sweden
Recent Sector News
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Canadian stocks drop, led by mining shares; National Bank climbs
Canadian shares declined for a second day, led by miners, as gold fell for the third time in four days. The commodity-heavy Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slid 0.2 percent to 12,633.81 at 12:38 p.m. in Toronto on Friday. The 237-member gauge has gained 1.6 percent this month. The materials subindex, which includes mining shares, fell 0.7 percent. The energy subindex slipped 0.4 percent as oil dropped for a fourth day, while financials, the most heavily-weighted group, slid 0.2 percent.
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Ski-Doo maker BRP to raise C$262 million in largest Canadian IPO this year
BRP plans to sell 12.2 million shares for C$21.50 each, the Valcourt, Quebec-based company said in a statement on Wednesday. Based on that price, the company’s market capitalization will be about C$2.5-billion. The IPO is Canada's largest since Hudson's Bay Co. (TSE:HBC), the country's oldest company, raised $365 million in November.
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Treasury Metals unveils more near-surface drill results ahead of Goliath resource update
Treasury Metals (TSE:TML) has unveiled additional drill results from its Goliath gold project in northwestern Ontario, with results showing near-surface intersections as high as 4.18 grams per tonne (g/t) gold.
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IMIC agrees in principle to buy Afferro for £126mln
International Mining & Infrastructure Corporation (LON:IMIC) has agreed in principle to acquire Cameroon-focused iron ore development group Afferro (LON:AFF) (CVE:AFF) for £126mln. -
Largo Resources to make its mark as lowest cost producer of vanadium globally
Largo Resources (CVE:LGO) is on path to becoming the lowest cost producer of vanadium in the world from a primary source, according to CEO Mark Brennan, with the company's Maracás project in Brazil on pace for commissioning in the fourth quarter.
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Canadian shares climb to 2-month high on upbeat Europe data
Canadian shares rallied for a third day on Tuesday, sending the benchmark gauge to its highest level in two months, as producers of raw materials and energy climbed following upbeat economic data from Europe. The commodity-heavy Standard & Poor’s/TSX Composite Index (TSE:OSPTX) gained 1.3 percent to 12,780.46 at 12:37 p.m. on Tuesday. More than four stocks advanced for every share that dropped.
