NovaGold raises $60 million in ‘gut-wrenching’ time
A private New York company has agreed to take on a 30% interest in cash-strapped NovaGold Resources (NG-T, NG…
Articles by Northern Miner Staff
UEX soars as it proves up Hidden Bay
UEX Corporation (UEX-T) took part in the TSX Composite Index’s rally on January 5th.
New Gold puts Amapari mine on care and maintenance
Six years ago mining tycoon Ian Telfer described the Amapari gold mine in Brazil as “one of the best undevelo…
Update: Chile in for long haul with copper price protection, ENAMI says
Vancouver – The Chilean government’s national mining company responsible for assisting small and medium…
Continental Nickel’s Tanzanian results
Nickel may be trading at just US$5.96 per lb. but that isn’t slowing down Continental Nickel (CNI-V) at its N…
U.S. Department of Energy plans surplus uranium sales
The U.S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine ye…
Distressed Katanga To Boost Authorized Shares To 5B
All the speculation over the state of Katanga Mining’s (KAT-T, KATFF-O) finances is at an end, with a stark announcement from the company that it needs more funding on an “urgent basis” to sustain its…
International Quotes (January 05, 2009)
Australia (A$) Dec 23 Dec 19 Change Bendigo Mining 0.15 0.16 -0.01 Kingsgate Cons. 3.09 2.80 0.29 Lion Selection Ltd 0.73 0.73 0.00 Newcrest Mining 32.40 33.50 -1.10 …
Exchange Rates (January 05, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 22 Dec. 19 Dec. 18 Dec. 17 Dec. 16 US$ in C$ 1.2188 1.2275 1.1965 1.2058 1.2239 C$ in US$ 0.8205 0.8147 0.8358 0.8293 0…
Canadian Gold Mutual Funds (January 05, 2009)
as of Sept. 31/08
Lending Rates (January 05, 2009)
as of 9 a. m. ET. Dec. 23, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
TSX Venture Short Positions (January 05, 2009)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).