Exchange Rates (March 08, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 1 Feb. 26 Feb. 25 Feb. 24 Feb. 23 US$ in C$ 1.0420 1.0526 1.0675 1.0550 1.0517 C$ in US$ 0.9596 0.9500 0.9368 0.9479 0….
Articles by Northern Miner Staff
International Quotes (March 08, 2010)
Australia (A$) Mar 03 Feb. 23 Change Aquila Resources 9.82 9.71 0.11 Bendigo Mining 0.22 0.24 -0.02 Centennial Coal 3.71 3.75 -0.04 Fortescue Res 4.70 4.84 -0.14 Iluk…
China Sci-Tech Bids For Chariot
After putting down a dissident shareholder manoeuvre led by Lukas Lundin last September, a triumphant Ulli Rath — Chariot Resources’ (CHD-T) president and chief executive — told a gathering of share…
Pan American And Silver Wheaton Team Up For Navidad
VANCOUVER — Two successful silver companies have joined forces to tackle the Navidad project in Argentina, one of the largest undeveloped silver deposits in the world. In what has now become a famili…
Domestic Vs. Foreign Exploration: Weighing The Risks And Rewards
VANCOUVER — Junior companies have showcased their discoveries at the Mineral Exploration Roundup for decades, with foreign finds often overshadowing domestic projects since the global expansion of the 1990s. While Canadian projects created…
Silvercorp Buys BC Project From Silver Standard
VANCOUVER — Silvercorp Metals (SVM-T, SVM-N) is getting involved in a project a little closer to home. The Vancouver-based company has so far operated mainly in China, but is now set to buy the Silve…
Nemaska Joins The Lithium Pack
Speed has been the name of the game for Nemaska Exploration (NMX-V), and now the company is waiting for the market to catch up.
Effort Paying Off For Rockwell Diamonds
VANCOUVER — After a rocky 2009 marred by a hostile takeover bid and plummeting diamond demand that slashed rough diamond prices by 50%, Rockwell Diamonds (RDI-T) is back on track, turning a profit an…
Staking Intensifies For Potash, Lithium
At the end of last year, 100,000 sq. km had been staked for industrial and metallic minerals exploration in Alberta –about 24,000 sq. km of that during 2009.
Diversity Sees Saskatchewan Through The Doldrums
In 2008, for the first time ever, Saskatchewan led the country with about $9.7 billion in mineral sales. In 2009, however, preliminary indications are that the value of mineral sales declined, reflect…
Mineral Exploration Set For A Rebound
As commodity prices continue to rebound, New Brunswick’s mineral industry is expected to gain strength with a number of advanced projects anticipated to reach the mining stage in the near future. The …
Light At The End Of The Tunnel
The mineral industry in Newfoundland and Labrador continued to enjoy a relatively strong level of activity in 2009 as measured by historical standards. Projected expenditures on exploration and deposi…