CNQ TRADING — March 18-24, 2008 (March 31, 2008)
(100s) WEEK 12-MONTH
Articles by Northern Miner Staff
EXCHANGE RATES (March 31, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date March 24 March 21 March 20 March 19 March 18 US$ in C$ 1.0203 Holiday 1.0269 1.0028 0.9938 C$ in US$…
Mine safety programs paying off, says OMA
Ontario’s mining industry has improved safety drastically over the past decade, according to the Ontario Mining Association (OMA).
U. S. MARKETS MARCH 18-24
Stressed financial markets, tight credit conditions and a deepening housing contraction prompted U. S. Treasury Secretary Henry Paulson on March 18 to concede on national television that yes, the U. S…
TSX VENTURE EXCHANGE MARCH 18-24
The S&P-TSX Venture Composite Index followed gold, oil, and the Canadian dollar over the March 18-24 trading session, falling 82.94 points or 3.2% to close at 2,481.75 on Easter Monday. Average da…
LME WAREHOUSE LEVELS (March 31, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 25, 2008 (change from March 11 in brackets):
Aquiline up on Navidad results (March 31, 2008)
VANCOUVER — Aquiline Resources (AQI-T, AQLNF-O) continues to expand its Navidad silver deposit in Chubut province, Argentina.
Los Azules copper project shows depth for Minera Andes
VANCOUVER — The first hole from the summer drill program at the Los Azules copper porphyry project in Argentina returned a long mineralized intercept for Minera Andes (MAI-T, MNEAF-O) and joint-ventu…
PRODUCER AND DEALER PRICES (March 31, 2008)
Antimony: Mid-mkt US$5,800/t. Bismuth: Mid-mkt US$16.25/lb. Cadmium: Mid-mkt US$4.05/lb. Coal:EIA Central Appalachian thermal, US$84.35/T; Powder River Basin thermal, US$14.20/T; Northern Appalachian, US$80.00; US EIA Sept. metallurgical, US$104.80/t. NYMEX Powder River…
Sherritt offers $704M for Royal Utilities
Royal Utilities Income Fund (RU. UN-T) shares surged 20% after Sherritt International (S-T, SHERF-O) announced plans to buy out Canada’s largest thermal coal producer for $704 million.
Geologix cuts strong grades at San Agustin
VANCOUVER — The polymetallic San Agustin deposit in Durango, Mexico, continues to demonstrate its growth potential for Geologix Explorations (GIX-V, GXEXF-O) in advance of a resource estimate due out…
2007: A record year for mining mergers
VANCOUVER — Mining industry mergers and acquisitions soared to record levels in 2007, fuelled by a new corporate philosophy of “eat or be eaten,” plus an effort to stay competitive in the growing glo…