Western Copper denial justified
In regards to the article “Western Copper permit denial casts shadow on Yukon permitting process” ( T. N. M., May 24-30/10), the record needs to be set straight.
Articles by Northern Miner Staff
Industry donates $11M to BC Museum of Mining
VANCOUVER –The mining industry in British Columbia is constantly fighting an image battle, trying to convince the wider public that the industry’s environmental practices have improved dramatically i…
Platinum Partners looking for buyer for bankrupted Firstgold’s assets (May 31, 2010)
When U.S. President Barack Obama’s administration threatened to block the sale of 51% of Firstgold Corp. (FGD-T, FGOC-O) to China’s state-owned Northwest Nonferrous International Investment Company la…
PEOPLE (May 31, 2010)
Abacus Mining & Exploration — James Excell appointed a director.
TORONTO STOCK EXCHANGE -May 18-21
Continued worries over the euro zone banking sector combined with rising tensions on the Korean peninsula had a negative impact on the TSX composite index as it fell nearly 500 points to finish the ho…
TSX VENTURE EXCHANGE -May 18-21
The S&P/TSX Venture composite index fell again during the shortened May 18 to 21 trading period, losing 132.87 points in three days before recovering with a 31.58-point gain on the last day to clo…
U.S. MARKETS -May 18-24
Investors bailed out of the markets as worries escalated about Europe’s evolving debt crisis and tensions rose between North and South Korea. The Bank of Spain’s move over the weekend to seize regiona…
SPOT PRICES (May 31, 2010)
COURTE SY OF SCOTIABANK
LENDING RATES (May 31, 2010)
as of 9 a.m. ET. May 25, 2010 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U.S. Discount Primary 0.50 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…
INTERNATIONAL QUOTES (May 31, 2010)
Australia (A$) May 25 May 18 Change Aquila Resources 8.17 9.09 -0.92 Bendigo Mining 0.21 0.23 -0.02 Centennial Coal 3.58 4.12 -0.54 Fortescue Res 3.44 4.06 -0.62 Iluk…
Riverstone releases first Nami results (May 31, 2010)
VANCOUVER — Riverstone Resources (RVS-V) had already defined four gold deposits at its Karma project in Burkina Faso and was starting to move those ounces towards production when local artisanal mine…
Copper Mountain closes $34.5M financing
Copper Mountain Mining (CUM-T) has raised $34.5 million that it will use to pay its 75% share of working capital for its copper porphyry project in southeastern B.C.