People (June 15, 2009)
Africo Resources — Tony Harwood has resigned as president and CEO.
Articles by Northern Miner Staff
CGA Mining To Raise $17M
VANCOUVER — As CGA Mining (CGA-T, CGAFF-O) ships its first gold from the Masbate project 350 km south of Manila in the Philippines, it is raising $17 million through a private placement.
Platmin Extends Bridge Loan
VANCOUVER — Platmin (PPN-T, PLNLF-O) appears to have successfully navigated through the worst of troubled waters by closing a $69- million private placement and arranging a new deadline for repayment…
Mexican Businessman Buying As Much As 55% Of Copper Fox
VANCOUVER — A Mexican tomato tycoon, Ernesto Echavarria, who calls himself a risk-taker, is coming to the rescue of Copper Fox Metals (CUU-V, CPFXF-O) with a much-needed $6-million financing that cou…
TSX Venture Exchange – June 2-8
The S&P/TSX Venture composite index held fairly steady during the June 2-8 reporting period. Opening at 1,131.82 points and closing at 1,140.55, it posted a small loss of 8.73 points. In recent we…
Spot Prices (June 15, 2009)
COURTESY OF SCOTIABANK
Daily Metal Prices (June 15, 2009)
Date June 8 June 5 June 4 June 3 June 2 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1300/1330 1310/1340 1240/1270 1230/1260 1221/1255 A…
TSX Short Positions (June 15, 2009)
Short positions outstanding at May 31/09 (with changes from May 15/09).
Canadian Gold Mutual Funds (June 15, 2009)
Featured Fund: CIBC precious metals as of 01/31/09 (in weighted order): Kinross Gold, Agnico-Eagle Mines, Goldcorp, Barrick Gold, Randgold Resources, Yamana Gold, Newmont Mining, Compania Minas Buenav…
Dividends (June 15, 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 al…
Lending Rates (June 15, 2009)
as of 9 a. m. ET. June 9, 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 …
Terrane Grows Berg
VANCOUVER — The Berg project is bigger and better defined for Terrane Metals (TRX-V, TRXOF-O).