Articles by Northern Miner Staff

Terra Plans Spinoff To Boost Valuation

VANCOUVER — Terra Ventures (TAS-V) wants to divvy up its property interests into two companies. Arguing it isn’t getting value for assets beyond its 10% production carried interest on Hathor Explorat…


HST Good For Miners

Ontario and British Columbia will be harmonizing their provincial retail sales taxes with the federal goods and services tax (GST) on July 1, 2010. That means that both of these provinces will abandon…





People (December 14, 2009)

Adriana Resources — Chairman Michael Beley resigned; CFO and director Richard Barclay resigned; Norman Calder appointed CFO; Anthony Patriarco appointed interim chairman; Colin Benner appointed a dir…


Correction (December 14, 2009)

In our article about the Association for Mineral Exploration in British Columbia (AME BC) awards ( T. N.M., Dec. 7-13/09), we incorrectly stated the date of the dinner. The dinner will take place on W…


Lending Rates (December 14, 2009)

as of 9 a.m. ET. Dec 8, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U.S. Discount Primary 0.50 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.25…


Exchange Rates (December 14, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 7 Dec. 4 Dec. 3 Dec. 2 Dec. 1 US$ in C$ 1.0511 1.0517 1.0542 1.0468 1.0432 C$ in US$ 0.9514 0.9508 0.9486 0.9553 0.9586…


International Quotes (December 14, 2009)

Australia (A$) Dec. 8 Dec. 1 Change Aquila Resources 8.95 10.29 -1.34 Bendigo Mining 0.24 0.25 -0.01 Centennial Coal 3.31 3.36 -0.05 Fortescue Res 4.21 4.27 -0.06 Ilu…


Osisko Options Goldboro Project From Orex

Osisko Mining (OSK-T) has signed a deal with Orex Exploration (OX-V) that includes spending $8 million in exploration by 2013 to acquire up to a 60% interest in the Goldboro project, near Antigonish, …



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