Canadian Royalties to renegotiate debentures
If market conditions don’t improve, Canadian Royalties (CZZ-T) might not have enough cash to pay interest on $137.5…
Articles by Northern Miner Staff
Policy changes in Zimbabwe lead New Dawn to restart development
New Dawn Mining (ND-T) plans to take its 100%-owned Turk mine in Zimbabwe out of care and maintenance and put it ba…
Good grades can’t lift Hana
The latest results from Hana Mining’s (HMG-V) Ghanzi copper and silver project in Botswana returned high grades, bu…
International Quotes (March 09, 2009)
Australia (A$) March 3 Feb 24 Change Bendigo Mining 0.21 0.22 -0.01 Kingsgate Cons. 4.93 4.87 0.06 Lion Selection Ltd 0.80 0.93 -0.13 Newcrest Mining 31.53 32.98 -1.45 …
Dividends (March 09, 2009)
Note: Alcoa will pay $0.9375* on its $3.75* cmltv pr sh on Apr 1, rec Mar 13. Vale will payu $0.4795 for all shares on Apr 30 and Oct 30. Yamana Gold will pay US$0.01* per share every quarter. Anglo A…
Canadian Gold Mutual Funds (March 09, 2009)
Featured Fund: BMO precious metals as of 12/31/08 (in weighted order): Kinross Gold, Allied Nevada Gold, Agnico-Eagle Mines, Goldcorp, Red Back Mining, San Gold, Quadra Mining, Franco-Nevada, Lihir Go…
Exchange Rates (March 09, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 2 Feb. 27 Feb. 26 Feb. 25 Feb. 24 US$ in C$ 1.2890 1.2707 1.2456 1.2556 1.2470 C$ in US$ 0.7758 0.7870 0.8028 0.7694 0….
TSX Short Positions (March 09, 2009)
Short positions outstanding at Feb. 15/09 (with changes from Jan. 31/09).
Lending Rates (March 09, 2009)
as of 9 a. m. ET. March 3, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime 3….
TSX Venture Short Positions (March 09, 2009)
Short positions outstanding at Feb. 15/09 (with changes from Jan. 31/09). Largest short positions Silvermet SYI 947000 537000 Gold Wheaton Gold GLW. WT 878145 -435400 Soltoro SOL …
DRC Government Confirms Banro’s Holdings
Banro (BAA-T, BAA-X) says it had received official confirmation that its mining convention and mining licences in the Democratic Republic of the Congo (DRC) “are in accordance with Congolese law.”
North American Stock Exchange Indices (March 09, 2009)
52-week Date Mar. 2 Feb. 27 Feb. 26 Feb. 25 Feb. 24 High Low S&P/TSX-Ven Comp 828.24 861.66 862.81 854.97 853.59 2810.46 678.62 TSX Composite…