Ivanhoe gets specific on Oyu Tolgoi
With a long awaited investment agreement signed by the Mongolian government, Ivanhoe Mines’ (IVN-T, IVN-N, IVN…
Articles by Northern Miner Staff
Cliffs says Noront overstated value of its Freewest bid
Four days after Cliffs Natural Resources (CLF-N) upped its bid for Freewest Resources Canada (FWR-V) in an att…
Franco-Nevada goes after International Royalty
Gold-focused royalty company, Franco-Nevada (FNV-T), is planning a $640-million cash bid for its smaller rival…
Lending Rates (December 07, 2009)
as of 9 a. m. ET. Dec 1, 2009 (%) 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 …
Dividends (December 07, 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 $0.15* p…
Exchange Rates (December 07, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov. 30 Nov. 27 Nov. 26 Nov. 25 Nov. 24 US$ in C$ 1.0574 1.0624 1.0595 1.0501 1.0608 C$ in US$ 0.9457 0.9413 0.9438 0.9523 0…
International Quotes (December 07, 2009)
Australia (A$) Dec 1 Nov. 10 Change Aquila Resources 10.29 8.02 2.27 Bendigo Mining 0.25 0.24 0.01 Centennial Coal 3.36 3.36 0.00 Fortescue Res 4.27 3.90 0.37 Iluka R…
Long-Term Outlook For Aluminum Bright
There now seems little doubt that July will prove to be the low point for primary aluminum production within the International Aluminum Institute’s (IAI) reporting area. Output (excluding China) in October rose for the third consecutive month…
Copper, Gold And Potash Are Top Picks: Scotiabank’s Mohr
Patricia Mohr is vice-president, economics and commodity market specialist, at Scotiabank’s executive offices in Toronto. Mohr is also responsible for commodity market research in Scotia Economics and developed the Scotiabank Commodity Price…
Chile Faces Challenges In Keeping Top Copper Spot
SANTIAGO, CHILE — After a heart-stopping couple of quarters at the start of the year, Chile’s mining industry is back on its feet and preparing for a decade of unprecedented investment and expansion.But while Chile remains rich in minerals…
Will Congress Enact U. S. Hardrock Royalties?
VANCOUVER — These days the refrain “our project is on patented ground” has slipped its way into the sales pitch of the American mineral explorer. The song of the patented owes its inspiration to Congress, where three major bills are alive –…
Anatolia Builds Oxide Mine At Copler In Turkey
VANCOUVER — The Copler gold-silver project is shining for Anatolia Minerals Development (ANO-T, ALIAF-O): construction of an open-pit, heap-leach operation at Copler got under way in October and now …