Xstrata triggers consolidation talk
Consolidation is the key word again in the base metal sector after Xstrata (XTA-L, XSRAF-O) tabled an offer for Lon…
Articles by Northern Miner Staff
More gold in Papua New Guinea for New Guinea Gold
Vancouver – With a small gold-silver mine providing exploration funds for a host of prospective properties, New G…
Jinshan gets US$31 million loan from China National Gold
Having China’s largest state-owned gold producer in its corner is starting to pay big dividends for Jinshan Gold Mi…
Groups Scrap Over Sunshine Assets In Idaho
The owner of the Sunshine mine, Robert Mori, says he will give the mine’s surface rights to Greenpeace if a bankruptcy court in Idaho doesn’t rule in his favour.
Uranium One Allies With Russians In Kazakhstan
With the spectre of rising Russian influence in the democratically challenged former Soviet republic of Kazakhstan, Uranium One (UUU-T, SXRZF-O) has formed a strategic alliance with a Russian state-ow…
Daily Metal Prices (June 22, 2009)
Date June 15 June 12 June 11 June 10 June 9 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1320/1345 1375/1400 1380/1410 1335/1365 1340/13…
TSX Short Positions (June 22, 2009)
Short positions outstanding at May 31/09 (with changes from May 15/09).
Dividends (June 22, 2009)
Note: Vale will pay $0.4795 for common and preferred class A shares on Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diamond have a…
Lending Rates (June 22, 2009)
as of 9 a. m. ET. June 16, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
International Quotes (June 22, 2009)
Australia (A$) June 16 June 9 Change Aquila Resources 5.28 5.07 0.21 Bendigo Mining 0.26 0.28 -0.02 Centennial Coal 2.70 2.72 -0.02 Fortescue Res 3.66 3.27 0.39 Iluka…
Silvercorp Makes Play For Klondex
The largest silver miner in China, Silvercorp Metals (SVM-T, SVM-X), is turning its attention westward with an unsolicited all-share takeover bid for Klondex Mines (KDX-T, KLNDF-O), owner of the advan…
MagIndustries Raises $26M For Kouilou
VANCOUVER — A $26-million financing is giving MagIndustries (MAA-V, MAAFF-O) enough cash to continue construction at its Kouilou potash project in the Republic of Congo until the company can conclude…