Newmont sheds 10% stake in Batu Hijau
Newmont Mining (NEM-N) and Sumitomo have completed the transfer of 10% of PT Newmont Nusa Tenggara (PTNNT) to …
Articles by Northern Miner Staff
UPDATE: Gleichen gets Teck’s Morelos
Vancouver – On the heels of closing a $241 million financing, Gleichen Resources (GRL-V, GLRFF-O) announced …
Avanti gains on positive Kitsault prefeasibility
Vancouver – With the receipt of a positive prefeasibility study, Avanti Mining (AVT-V) has taken another ste…
Gleichen one step closer to netting Teck’s Morelos
Vancouver – Gleichen Resources (GRL-V, GRLFF-O) closed a $241 million financing to buy Teck’s (TCK. B-T, TCK…
Goldcorp makes $238-million bid for Canplats
Vancouver – In just two years, Canplats Resources (CPQ-V) has followed red-stained road fill from a Mexican …
Grupo to get Asarco back
Vancouver – It appears that Grupo Mexico (GMBXF-O, GMEXICOB-M) has dodged a US$10 billion bullet.
Rubicon to spend $60 million more on Red Lake
As soon as Rubicon Minerals (RMX-T, RBY-X) completes a $25 million phase-one drill program at its 100%-ow…
Daily Metal Prices (November 16, 2009)
Date Nov. 9 Nov. 6 Nov. 5 Nov. 4
TSX Short Positions (November 16, 2009)
Short positions outstanding at Oct. 31/09 (with changes from Oct. 15/09).
Canadian Gold Mutual Funds (November 16, 2009)
*as of Sept. 30/09
Exchange Rates (November 16, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov. 9 Nov. 6 Nov. 5 Nov. 4 Nov. 3 US$ in C$ 1.0566 1.0720 1.0651 1.0647 1.0704 C$ in US$ 0.9464 0.9328 0.9389 0.9392 0.9342…
Lending Rates (November 16, 2009)
as of 9 a. m. ET. Nov. 10, 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 …