DAILY METAL PRICES (June 21, 2010)
Date June 14 June 11 June 10 June 9 June 8 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1900/1860 1816/1840 1810/1835 1822/1845 1790/179…
Articles by Northern Miner Staff
CANADIAN GOLD MUTUAL FUNDS (June 21, 2010)
Featured Fund: AGF Precious Metals (US$) as of 08/31/09 (in weighted order): Goldcorp, Kinross Gold, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, Inmet Mining, Eldorado Gold, Randgold, Osisko …
NORTH AMERICAN STOCK EXCHANGE INDICES (June 21, 2010)
52-week Date June 14 June 11 June 10 June 9 June 8 High Low S&P/TSX-Ven Comp 1452.78 1460.40 1452.71 1444.57 1451.66 1691.10 1027.29 TSX Composite 11667.34 11666.92 11635.85 …
TSX SHORT POSITIONS (June 21, 2010)
Short positions outstanding at May 31/10 (with changes from May 15/10).
DIVIDENDS (June 21, 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 will start paying a semi-annual div…
LENDING RATES (June 21, 2010)
as of 9 a.m. ET. June 8, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.25 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…
Salazar restarts drilling at Curipamba
Salazar Resources (SRL-V) is back in the game in Ecuador, and has the drills turning at its Curipamba project, which is a gold-rich volcanogenic massive sulphide (VMS) camp.
Cliffs goes after Spider
Iron ore and coal giant Cliffs Natural Resources (CLF-N) has raised its offer for Spider Resources (SPQ-V) by 27% to $109 million, putting a wrench in Spider’s plans to merge with KWG Resources (KWG-V…
Avalon soars on updated REE resource
Shares of Avalon Rare Metals (AVL-T, AVARF-O) rose 11.2% or 23¢ apiece to close at $2.28 on news that an updated resource estimate for its Nechalacho deposit at Thor Lake in Canada’s Northwest Te…
New Gold ups Q1 production by 41% (June 21, 2010)
New Gold (NGD-T, NGD-X) showed huge improvements during the first quarter of 2010, significantly increasing gold production and decreasing cash costs compared to the same period in 2009.
NMC Resource mines South Korean moly
Molybdenum prices are trading at US$17.10 per lb. and NMC Resource (NRC-V), which owns 100% of a producing molybdenum mine in South Korea, thinks it’s a good time to be investing in the metal.
Silver Standard completes Snowfield’s prelim assessment
Silver Standard Resources (SSO-T, SSRI-Q) already has the largest published in-ground silver resource of all publicly-traded silver companies with projects throughout Argentina, Peru, Mexico, Canada, …