Exchange Rates (September 28, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 21 Sept. 18 Sept. 17 Sept. 16 Sept. 15 US$ in C$ 1.0777 1.0724 1.0613 1.0663 1.0763 C$ in US$ 0.9297 0.9325 0.9422 0.937…
Articles by Northern Miner Staff
Dividends (September 28, 2009)
Note: Vale will pay $0.4795 for common and prf class A shares on Oct 30. Alcoa will pay US93.75 cents per share on its US$3.75 cmltv prf stk payable Oct. 1, record close Sept 11. Hecla deferred Oct. 1…
Romarco’s Gold Rush In The Carolinas
Romarco Minerals (R-V) is finding there’s still plenty of gold left in South Carolina’s hills.
Eagle Hill Gets The Cash It Needs To Survive (September 28, 2009)
Eagle Hill Exploration (EAG-V, EHECF-O) will soon have the funds it needs to shore up its recent acquisition of Noront Resources’ (NOT-V, NOSOF-O) Windfall Lake gold project in Quebec’s Chibougamau mi…
Soros Fund Invests In Marengo
Billionaire George Soros’s investment fund has taken a 19.9% stake in Marengo Mining (MRN-T, MRN-A), the developer of the Yandera copper project in Papua New Guinea, as part of the junior’s $14.8-mill…
Rusoro Gets Penultimate Permit For Increible 6 Gold Deposit
Rusoro Mining (RML-V, RMLFF-O) has nailed down the penultimate permit it needs to move its Increible 6 gold deposit in southeastern Venezuela into production.
Century Mining Lands $20M In Deal With Private Investors
Cash-strapped Century Mining (CMM-V, CMNZF-O) has pulled a rabbit out of its hat with a tentative investment deal by firms owned by Russian tycoon Maxim Finskiy and American investor Fran Scola to inject $20 million into the company.The U….
Timmins Gold Mine’s Long Road To Production
The Timmins West gold camp in Ontario has gotten a second life. High-grade gold in drill results from Lake Shore Gold (LSG-T, LSGGF-O) and a US$1,000-per-oz. gold price have started an area play with many junior companies staking and exploring…
Cogitore Looks Deeper At Scott Lake
SITE VISIT CHIBOUGAMAU, QUE. — Gérald Riverin can hardly contain himself as he stands next to the marker for drill hole no. 34 at Cogitore Resources’ (WOO-V, CGORF-O) Scott Lake project, 20 km west of Chibougamau, Que., one warm and…
Kirkland Lake Gold Revenues Up
VANCOUVER — Gold sales were up for Kirkland Lake Gold (KGI-T, KGILF-O) during the quarter ending July 31. Kirkland sold 20,994 oz. gold at a price of C$1,072 per oz. over the period for revenues of $22.5 million.With operating expenses of…
Apollo Signs Toll-Milling Deal With St Andrew
Apollo Gold (APG-T, AGT-X) will mill 100,000 tonnes of ore from its Black Fox mine at St Andrew Goldfields’ (SAS-T, STADF-O) nearby Holt mill.Under the arrangement, excess low-grade ores will be trucked, using a contractor, to St Andrew’s…
Metanor Gets Results At Barry Pit, Nelligan
Metanor Resources (MTO-V, MEAOF-O) has been seeing promising results from expansion drilling at its Barry pit at the operating Bachelor Lake gold mill, in Desmaraisville, Que., and at the Nelligan property just west of Bachelor Lake, and its…