People (August 10, 2009)
Adriana Resources — Wilfried Struck resigned as a director but will remain an adviser; Allen Palmiere appointed a director.
Articles by Northern Miner Staff
Goldcorp Donation Easy On The Eyes
Canadian gold miner Goldcorp (G-T, GG-N) has become the latest corporate partner to sign on with the Canadian National Institute for the Blind’s (CNIB) Eye Van program. The vision health project, also…
U.S. Markets – JULY 28-AUG. 3
U. S. markets enjoyed another buoyant week during the July 28-Aug. 3 reporting period. The Dow Jones Industrial Average climbed 189.84 points or 2.09% to close at 9,286.56. The Standard & Poor’s 5…
Toronto Stock Exchange – JULY 28 -31
Despite marginal gains for the holiday-shortened July 28-31 reporting period, the TSX composite index was playing catch up on Aug. 4, after the S&P 500 broke through the 1,000-point mark for the f…
TSX Venture Exchange – JULY 28-31
On the last day of the truncated July 28-31 trading period, the S&P/TSX Venture composite index had one of its best showings in several months. It gained 32.53 points to close at 1,179.57. The gai…
Dividends (August 10, 2009)
Note:Vale will pay $0.4795 for common and preferred class A shares on Oct 30. Russia’s Norilsk Nickel plans to pay a dividend of more than 25% its net profit for the first half of 2009. Alcoa will pay…
Lending Rates (August 10, 2009)
as of 9 a. m. ET. Aug 4, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
International Quotes (August 10, 2009)
Australia (A$) Aug 4 July 21 Change Aquila Resources 6.21 5.42 0.79 Bendigo Mining 0.24 0.26 -0.02 Centennial Coal 3.04 2.53 0.51 Fortescue Res 4.29 4.21 0.08 Iluka R…
Cardero Eyes Peruvian Iron Sands
VANCOUVER — Cardero Resources (CDU-T, CDY-X) has taken a big step forward at the Pampa El Toro iron sands project in Peru with completion of the project’s first resource estimate.
Minera Andes Eyes $20M
VANCOUVER — Minera Andes (MAI-T, MNEAF-O) is taking advantage of its strong share price to raise $20 million. A group of underwriters has agreed to buy about 26.7 million units at 75¢ a unit. Ea…
Romarco Expands Snake Pit
VANCOUVER — Coming off strong drill results that expanded mineralization at its Haile project, Romarco Minerals (R-V, RTRAF-O) is raising $30 million through a bought-deal financing.
Marathon Improves Recoveries
Recent metallurgical testing of Marathon PGM’s (MAR-T, MRPGF-O) eponymous platinum group metals (PGMs) and copper project improves the project’s net present value by 47% to $113 million, the company s…