Articles by Northern Miner Staff

OMA Weighs In On Ontario’s Bill 173

The following is an edited portion of the Ontario Mining Association’s submission to the Standing Committee on General Government on the Mining Act (Bill 173) and the Far North Act (Bill 191).


GFI Threatens Legal Action Against Forsys

George Forrest International (GFI) is threatening legal action after Forsys Metals (FSY-T) said it was cancelling the deal that would have seen GFI acquire Forsys for $579 million.


Toronto Stock Exchange – Sept. 1 – 4

The S&P/TSX composite index increased by 1.4%, or 149.26 points, to 11,017.47 points over the Sept. 1-4 trading period, which was shortened by the Labour Day holiday on Sept. 7.


TSX Venture Exchange – Sept. 1 – 4

The S&P/TSX Venture composite index showed renewed strength over the Sept. 1-4 trading week, a session shortened by the Labour Day holiday. The board posted considerable gains on three of four day…




Daily Metal Prices (September 14, 2009)

Date Sept. 7 Sept. 4 Sept. 3 Sept. 2 Sept. 1 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1690/1720 1680/1710 1690/1720 1670/1700 1695/1…




Lending Rates (September 14, 2009)

as of 9 a. m. ET. Sept 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 …


Dividends (September 14, 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 …


Exchange Rates (September 14, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 7 Sept. 4 Sept. 3 Sept. 2 Sept. 1 US$ in C$ Holiday 1.0889 1.1034 1.1065 1.1031 C$ in US$ Holiday 0.9184 0.9063 0.9038 …


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