Ontex Resources and Roxmark Mines approve merger
Shareholders of junior gold explorers Ontex Resources (ONT-T) and Roxmark Mines (RMK-V) have voted in favour o…
Articles by Northern Miner Staff
Acadian gets environmental go-ahead for gold mine
Nova Scotia’s Minister of the Environment has granted the environmental assessment approval Acadian Mining (AD…
Iamgold expects production at Westwood by 2013
The latest preliminary study on Iamgold’s (IMG-T, IAG-N) Westwood project 40 km east of Rouyn-Noranda, Que., s…
TSX Short Positions (December 21, 2009)
Short positions outstanding at Nov. 30/09 (with changes from Nov. 15/09).
Dividends (December 21, 2009)
Note: Alcoa will pay US93.75 cents per share on its US$3.75 cmltv prf stk payable Jan 1, record close Dec 11. Freeport Mc- MoRan Copper & Gold will pay $0.60* div with the first payment of $0.15* …
Exchange Rates (December 21, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 14 Dec. 11 Dec. 10 Dec. 9 Dec. 8 US$ in C$ 1.0593 1.0585 1.0519 1.0552 1.0604 C$ in US$ 0.9440 0.9447 0.9507 0.9477 0.9…
International Quotes (December 21, 2009)
Australia (A$) Dec. 15 Dec. 8 Change Aquila Resources 9.1 8.95 0.15 Bendigo Mining 0.24 0.24 0.00 Centennial Coal 3.53 3.31 0.22 Fortescue Res 4.38 4.21 0.17 Iluka Re…
Nevada Copper Tweaks Pumpkin Hollow Scoping Study
Nevada Copper (NCU-T) has updated a March 2008 preliminary economic assessment on its Pumpkin Hollow copper project near Yerington, Nev., incorporating a high-grade underground scenario with a much lo…
Eurasian Drills High-Grade Gold At Grand Bois In Haiti
VANCOUVER–On drill-hole results from its Grand Bois property in Haiti, Eurasian Minerals (EMX-V) shares jumped nearly 20% or 40¢ to close at $2.50 in early December.
Newstrike Buys Goldcorp’s Stake In Morelos For $52M In Cash And Shares
An advanced-stage gold project in Mexico will soon be in the hands of two Canadian juniors.
Rubicon Hikes Red Lake Spending
As soon as Rubicon Minerals (RMX-T, RBY-X) completes a $25-million first-phase drill program at the Phoenix gold project in Red Lake at the end of the first quarter of 2010, it will embark on a $60-mi…
Avanti Delivers Positive Prefeasibility For Kitsault
VANCOUVER — With the receipt of a positive prefeasibility study, Avanti Mining (AVT-V) has taken another step towards its goal of reopening the historic Kitsault molybdenum mine in northern British C…