TD’s Drummond paints bearish scenario for gold
Maybe it wasn’t what people came to hear — the event’s sponsors after all were gold heavyweights Newmont Mining (NMC-T, NEM-N) and Franco- Nevada (FNV-T), and this was a luncheon at the Prospectors a…
Articles by Northern Miner Staff
Lundin jumps on Tenke Fungurume news
VANCOUVER — News that a resolution to the contract review is near for the Tenke Fungurume copper mine in the Democratic Republic of the Congo (DRC) lifted part-owner Lundin Mining’s (LUN-T) share pri…
Quadra announces JV with Chinese utility
VANCOUVER — A memorandum of understanding between Quadra Mining (QUA-T, QADMF-O) and State Grid International Development Ltd. (SGID) outlined a deal to jointly develop and operate Quadra’s Franke co…
SRA makes comeback in Portugal
Failed zinc miner Strategic Resource Acquisition (SRA) (SRZ. H-V) has emerged from bankruptcy protection and signed a deal to acquire gold and base metals projects in Portugal.
TSX VENTURE EXCHANGE MARCH 9-15
A week of small gains and losses left the S&P/TSX Venture composite index essentially unchanged at the end of the March 9-15 trading period, closing down 0.42 point at 1561.51. Daily trading volum…
U.S. MARKETS MARCH 9-15
U.S. equity markets were fairly ho-hum in the March 9-15 reporting period with the Dow Jones industrial average inching up just 0.74% or 77.77 points to finish at 10,642.15 and the S&P 500 index g…
LME WAREHOUSE LEVELS (March 22, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 16, 2010 (change from Mar. 9 in brackets):
PRODUCER AND DEALER PRICES (March 22, 2010)
Antimony: Mid-mkt US$5750.00/t.
DAILY METAL PRICES (March 22, 2010)
Date Mar. 15 Mar. 12 Mar. 11 Mar. 10 Mar. 9 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1990/2020 1995/2025 1965/1990 1994/2020 1980/20…
NORTH AMERICAN STOCK EXCHANGE INDICES (March 22, 2010)
52-week Date Mar. 15 Mar. 12 Mar. 11 Mar. 10 Mar. 9 High Low S&P/TSX-Ven Comp 1561.51 1568.29 1560.94 1556.80 1558.76 1628.72 843.41 TSX Composite 12016.79 120475.57 11981.76 …
TSX VENTURE SHORT POSITIONS (March 22, 2010)
Short positions outstanding at Mar. 1/10 (with changes from Feb. 28/10).
DIVIDENDS (March 22, 2010)
Note: Freeport McMoRan Copper & Gold will pay $0.60* div with the first payment of $0.15* paid on Feb. 1, 2010.Cameco is increasing its annual div to 28 cents per sahre from 26 cents. Alcoa pays q…