Prophecy advances its Mongolian coal projects
Prophecy Resource (PCY-T, PRPCF-O, 1P2-F) has recently upgraded the inferred resources at its Chandgana Khavtg…
Articles by Northern Miner Staff
Potash now the talk of mining
Staid and steady potash may be one of the least romantic members of the mining family, but when large bags of money get thrown around, ears perk up and people start taking a second look.
Almaden rises on Ixtaca hits
VANCOUVER — First-ever drilling on part of Almaden Minerals’ (AMM-T, AAU-X) Tuligtic copper-gold project in Mexico has returned a long intersect of significant gold and silver mineralization.
Mine museum rebranded
Quebec minister refuses uranium ban
Quebec’s government has rejected calls for a moratorium on uranium exploration in the province. “It’s out of the question,” said Quebec’s Minister for Natural Resources and Wildlife, Serge Simard, as …
PEOPLE (August 30, 2010)
Anvil Mining — Philippe Monier appointed VP corporate and CFO.
33 trapped Chilean miners alive, well and waiting
After 17 days trapped 688 metres below the surface, a group of Chilean miners announced they are alive by attaching a note to a probe that was pulled to the surface through a freshly drilled narrow sh…
Scorpion Gold hands out US$3m contract
Vancouver-headquartered Scorpio Gold’s (SGN-V) 70% joint-venture subsidiary Mineral Ridge Gold has awarded a US$3-million contract to Nevada-based Canyon Construction pertaining to the re-stacking of …
LME WAREHOUSE LEVELS (August 30, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 23, 2010 (change from Aug. 16 in brackets):
DAILY METAL PRICES (August 30, 2010)
Date Aug. 23 Aug. 20 Aug. 19 Aug. 18 Aug. 17 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2210/2100 2090/1980 2150/2100 2180/2105 2200/21…
DIVIDENDS (August 30, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
LENDING RATES (August 30, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….