Articles by Northern Miner Staff




DIVIDENDS (July 26, 2010)

Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.75* div on it $3.75* cmltv pr stock on July 1, rec June 11. Franco-Nevada monthly div of 0.025 starting in Ju…


LENDING RATES (July 26, 2010)

as of 9 a.m. ET. July 20, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.75 Canadian Prime 2.50 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….


INTERNATIONAL QUOTES (July 26, 2010)

Australia (A$) July 20 July 13 Change Aquila Resources 7.27 7.36 -0.09 Bendigo Mining 0.20 0.20 0.00 Centennial Coal 5.93 5.90 0.03 Fortescue Res 4.13 4.26 -0.13 Iluk…


EXCHANGE RATES (July 26, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 19 July 16 July 15 July 14 July 13 US$ in C$ 1.0559 1.0551 1.0403 1.0306 1.0284 C$ in US$ 0.9471 0.9490 0.9613 0.9703 0…


Iamgold starts Essakane gold mine

Iamgold’s (IMG-T, IAG-N) first greenfield project as operator in Africa — the Essakane gold mine in northeastern Burkina Faso — has been built six weeks ahead of schedule, the company reports.


Goldgroup Mining's San Jose de Gracia gold project in Mexico.

Goldgroup advances San Jos

VANCOUVER — Newly formed Goldgroup Mining (GGA-T) is racing through a 15,000-metre drill program at the San Jos de Gracia project in Mexico, in advance of a resource update for the historic mine.



Steel, iron ore markets to rebound: UNCTAD

The steel and iron ore industries are forecasted to make a strong recovery in 2010 before leveling out, according to the Trust Fund Project on Iron Ore Information’s latest report.


Will China’s property policy curb metal demand?

While some analysts warn that the Chinese government’s attempts to clip property prices by 30% threatens the demand outlook for metals, underscoring the oversupply of steel and, as a consequence, vuln…


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