Chinese company goes ahead with Nunavik nickel mine
Construction of the Nunavik nickel project is back on track with a start up goal of early 2012 now that Jien C…
Articles by Northern Miner Staff
Venture edges down in Aug 9-13 trading week
Vancouver – The S&P/TSX Venture composite index fell slightly on the week, ending down 8.44 points to clos…
Consolidated Thompson reaches key milestones in Quebec
In late July Consolidated Thompson Iron Mines (CLM-T) shipped the first iron ore concentrate to its Chinese st…
US markets down week of Aug. 9-13
Nearly two-thirds of Americans think the U.S. economy is going to get worse before it gets better, up from 53%…
TSX mining stocks fall
TSX VENTURE SHORT POSITIONS (August 16, 2010)
Short positions outstanding at July 31/10 (with changes from July 15/10).
DIVIDENDS (August 16, 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 $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
LENDING RATES (August 16, 2010)
as of 9 a.m. ET. Aug. 10, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
INTERNATIONAL QUOTES (August 16, 2010)
Australia (A$) Aug 10 July 30 Change Aquila Resources 8.01 7.4 0.61 Bendigo Mining 0.19 0.19 0.00 Centennial Coal 5.98 5.98 0.00 Fortescue Res 4.59 4.29 0.30 Iluka Re…
EXCHANGE RATES (August 16, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 9 Aug. 6 Aug. 5 Aug. 4 Aug. 3 US$ in C$ 1.0266 1.0273 1.0158 1.0185 1.0225 C$ in US$ 0.9741 0.9734 0.9844 0.9818 0.9780…
Teck earns $260M in Q2
VANCOUVER — After flirting with bankruptcy during the early days of global recession, Teck Resources (TCK. B-T, TCK-N) has rebounded with style. In the second quarter of 2010, the major earned $260 m…
Coldstream warms up for Foundation, Alto
VANCOUVER — Foundation Resources (FDN-V) and Alto Ventures (ATV-V) are hitting good gold grades in their second phase of drilling at the historic Coldstream gold project near Thunder Bay, Ont.