Breaking up the board
Genco Resources’ (GGC-T, GNCC-O) largest shareholder and former director wants to overthrow three of seven company directors in a proxy vote on June 26, claiming that they are overpaid and putting the…
Articles by Northern Miner Staff
Rio Tinto to invest in BRC DiamondCore’s DRC exploration projects
Global mining giant Rio Tinto (RTP-N, RIO-L) currently produces about 16% of the world’s diamonds by volume and 8% by value with its Argyle mine in Australia, Diavik mine in Canada and Murowa mine in …
Golden Band set to update Birch Crossing estimate (June 23, 2008)
VANCOUVER — Stepping-out and digging deeper, this winter Golden Band Resources (GBN-V, GBRIF-O) punched 11 more holes into the ground at Birch Crossing, one of 10 properties it owns as part of a 750-…
INTERNATIONAL QUOTES (June 23, 2008)
Australia (A$) June 17 June 10 Change Bendigo Mining 0.30 0.30 0.00 Centamin Egypt 1.24 1.28 -0.04 Kingsgate Cons. 5.50 5.38 0.12 Lion Selection Ltd 1.82 1.82 0.00 Ne…
EXCHANGE RATES (June 23, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 16 June 13 June 12 June 11 June 10 US$ in C$ 1.0211 1.0282 1.0232 1.0174 1.0243 C$ in US$ 0.9793 0.9726 0.9773 0.9829 0…
DIVIDENDS (June 23, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per share on $3.75* cmltv prf stk on July 1, rec June 13. Hecla Mining will pay $0.875* di…
Rusoro buys Hecla’s Venezuelan assets
Vancouver – Rusoro Mining (RML-V, RMLFF-O) is the exception that proves the rule: While most mineral exploration in…
Juanicipio JV outlines significant silver resource
Vancouver – Mag Silver (MAG-V, MVG-X) has finally moved the high-grade Valdecanas vein from discovery to a resource…
Boardroom battle brewing between Aberdeen International and U308 Corp.
Aberdeen International (AAB-V) wants to kick out members of the board of U308 Corp. (UWE-V) and replace them with i…
Short Position Report (June 20, 2008)
TSX Short Positions Short positions ou…
Aura set to redo Arapiraca resource
Vancouver – After a long delay at the lab, the final set of assay results before a resource calculation for Aura Mi…
San Anton, Goldcorp up Cerro del Gallo resource
Vancouver – San Anton Resource (SNN-T) and Goldcorp (G-T, GG-N) have raised the resource estimate for their Cerro d…