Canada’s Foreign Investment Review: The New Rules
Since 1985, acquisitions of operating Canadian mining businesses have been subject to review under the Investment Canada Act (ICA) if the acquired business exceeded certain financial thresholds.
Articles by Northern Miner Staff
Belvedere’s Nickel Subsidiary Starts Bankruptcy Proceedings
Finn Nickel, a 100%-owned subsidiary of Vancouver-based junior Belvedere Resources (BEL-V), has started bankruptcy proceedings.
Toronto Stock Exchange -July 21-27
The S&P/TSX composite index continued its climb back towards respectability over the July 20-27 reporting period, gaining roughly 200 points to finish at 10,757.43. That advance came alongside a s…
TSX Venture Exchange -July 21-27
The S&P/TSX Venture composite index started the July 21-27 reporting period with a small loss and then managed four days of gains to close up 28.95 points at 1,147.04. Daily trading volumes remain…
U.S. Markets -July 21-27
Despite mixed signals on the economy, the rally in U. S. stocks continued during the July 21-27 reporting period with the Dow Jones Industrial Average climbing 192.57 points or 2.16% to finish at 9,10…
Lme Warehouse Levels (August 03, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 28, 2009 (change from July 21 in brackets): Aluminium Alloy 88400 (+60) Aluminium 4550250 (-5100) Copper 27…
North American Stock Exchange Indices (August 03, 2009)
52-week Date July 27 July 24 July 23 July 22 July 21 High Low S&P/TSX-Ven Comp 1147.05 1143.95 1137.79 1123.45 1114.64 2239.74 678.62 TSX Composite 10757.43 10687.90 10675.68 …
Exchange Rates (August 03, 2009)
Exchange Rates CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 27 July 24 July 23 July 22 July 21 US$ in C$ 1.0835 1.0842 1.0867 1.0981 1.1078 C$ in US$ 0.9229 0.9223 0.92…
International Quotes (August 03, 2009)
International Quotes Australia (A$) July 21 July 14 Change Aquila Resources 5.42 5.35 0.07 Bendigo Mining 0.26 0.26 0.00 Centennial Coal 2.53 2.25 0.28 Fortescue Res 4.21 …
Sabina Eyes Higher Grades At Hackett
VANCOUVER– Looking to increase resources at its Hackett River project near Bathurst Inlet, Nunavut, Sabina Silver (SBB-V, SBBFF-O) has been drilling the Jo zone and getting strong results.
Vista Gold’s Batman Returns Good Scoping Study
Vista Gold (VGZ-T, VGZ-N) plans to move ahead with a prefeasibility study on the Batman deposit at its Mt. Todd gold project in Australia’s Northern Territory after learning the results of a prelimina…
Long Canyon Shines For Fronteer
Since April, Fronteer Development Group (FRG-T, FRG-X) has drilled about 5,900 metres and 56 holes at its 51%-owned and operated Long Canyon project in northeastern Nevada.