Cashed-up Lake Shore speeds ahead at Timmins West (October 06, 2008)
With capital scarce and share prices in the dumps, many juniors are struggling to raise the money they need to advance their properties — no matter how promising they are.
Articles by Northern Miner Staff
Rye Patch shares rise on Nevada high-grade
Shares of Rye Patch Gold (RPM-V, RPMG-o)shot up 128% on news that the company hit high-grade gold mineralization in drilling at its Lincoln Hill project, in Nevada.
Queenston tallies Upper Beaver resource
Queenston Mining (QMI-T, QNMNF-o) staked its claims in Canada’s second-largest gold camp early and often — a strategy that has given it the biggest land position in the Kirkland Lake district of nort…
Trevali proving potential at past-producing Santander
Vancouver — The Santander silver- lead-zinc project in Peru continues torepay Trevali Resources’ (TV-C, TREVF-o) investment with strong drill intercepts, encouraging grab samples, and inexpensive ave…
Alexandria gives up Joanna gold project to Aurizon
As Alexandria Minerals (AZX-V, ALXDF-o) gears up for its next 10,000-metre drilling expedition, the company is cashing in on its Joannes Twp. claims by optioning the property to Aurizon Mines (ARZ-T, …
SearchGold starts small with Gabon JV
SearchGold Resources (RSG-v) has received a mining permit for its 36%-owned Bakoudou-Magnima gold project in Gabon, a joint venture with Moroccan company Managem.
INTERNATIONAL QUOTES (October 06, 2008)
Australia (A$) Sept 30 Sept 23 Change Bendigo Mining 0.19 0.20 -0.01 Kingsgate Cons. 0.82 5.54 -4.72 Lion Selection Ltd 1.49 1.38 0.11 Newcrest Mining 27.63 26.84 0.79 …
EXCHANGE RATES (October 06, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 29 Sept. 26 Sept. 25 Sept. 24 Sept. 23 US$ in C$ 1.0394 1.0349 1.0338 1.0351 1.0355 C$ in US$ 0.9621 0.9663 0.9673 0.966…
DIVIDENDS (October 06, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div…
LENDING RATES (October 06, 2008)
as of 9 a. m. ET, Sept. 30, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …
TSX SHORT POSITIONS (October 06, 2008)
Short positions outstanding at Sept 15/08 (with changes from Aug 31/08).
CIC Energy buys back shares, advances Mmamabula
CIC Energy (ELC-T, CIEGF-o) is planning to buy back up to 5% or 2.7 million of its outstanding shares on the open market in a bid to boost its stock, which the company says is undervalued.