Articles by Northern Miner Staff


Lending Rates (September 28, 2009)

as of 9 a. m. ET. Sept 22, 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 …


Exchange Rates (September 28, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 21 Sept. 18 Sept. 17 Sept. 16 Sept. 15 US$ in C$ 1.0777 1.0724 1.0613 1.0663 1.0763 C$ in US$ 0.9297 0.9325 0.9422 0.937…


Dividends (September 28, 2009)

Note: Vale will pay $0.4795 for common and prf class A shares on Oct 30. Alcoa will pay US93.75 cents per share on its US$3.75 cmltv prf stk payable Oct. 1, record close Sept 11. Hecla deferred Oct. 1…


International Quotes (September 28, 2009)

Australia (A$) Sept. 22 Sept. 8 Change Aquila Resources 7.56 6.96 0.6 Bendigo Mining 0.26 0.27 -0.01 Centennial Coal 3.28 3.26 0.02 Fortescue Res 4.24 4.25 -0.01 Iluk…


Detour Lake Mine To Cost US$844M

Detour Gold (DGC-T, DRGDF-O) has finished a prefeasibility study for its Detour Lake gold project in northeastern Ontario, outlining a plan to build a 45,000-tonne-per- year open-pit mine that would p…


NAT Tallies Cantung

As North American Tungsten (NTC-V) gets ready to put its Cantung tungsten mine in the Northwest Territories on care and maintenance, the company had some good news about the mine life.


Soros Fund Invests In Marengo

Billionaire George Soros’s investment fund has taken a 19.9% stake in Marengo Mining (MRN-T, MRN-A), the developer of the Yandera copper project in Papua New Guinea, as part of the junior’s $14.8-mill…



Apollo Signs Toll-Milling Deal With St Andrew

Apollo Gold (APG-T, AGT-X) will mill 100,000 tonnes of ore from its Black Fox mine at St Andrew Goldfields’ (SAS-T, STADF-O) nearby Holt mill.Under the arrangement, excess low-grade ores will be trucked, using a contractor, to St Andrew’s…


Visitors peruse core samples at Alexandria Minerals' 100%-owned Orenada property, in Val d'Or, Que.

Alexandria Minerals Makes Tracks In Val D’Or

Alexandria Minerals (AZX-V, ALXDF-O) has released its first resource estimate on two near-surface zones at its 100%-owned Orenada property in Bourlamaque Township in Val d’Or, Que. — a fourfold increase over historical estimates.At a cutoff…


Northgate Unearths New Zone At Young-Davidson Project

Northgate Minerals (NGX-T, NGX-X) has found a new gold zone at its Young-Davidson property near Matachewan, Ont., close to the area of the proposed mine shaft.”These holes were originally drilled as condemnation holes to make sure there was…


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