Kyrgyz Government Goes From Cruel To Kind For Centerra
Good news is shining on Centerra Gold (CG-T, CAGDF-O) from Kyrgyzstan.
Articles by Northern Miner Staff
Capstone, New Gold, Take Action Against Swine Flu
To help combat a potential swine flu pandemic, two Canadian-based mining companies shut down their mines from May 1-5, following a government order to stop all nonessential activities throughout Mexic…
People (May 11, 2009)
Castle Gold — Mark Selby appointed a director.
Toronto Stock Exchange April 28 -May 4
Toronto stocks posted solid gains during the April 28-May 4 reporting period, with the S&P/TSX composite index up 476 points, or 5.1%, to 9,870, the highest level since early November. The Capped …
Exchange Rates (May 11, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 4 May 1 Apr. 30 Apr. 29 Apr. 28 US$ in C$ 1.1781 1.1872 1.1940 1.2008 1.2238 C$ in US$ 0.8488 0.8423 0.8375 0.8328 0.817…
International Quotes (May 11, 2009)
Australia (A$) May 5 Apr 28 Change Bendigo Mining 0.25 0.24 0.01 Kingsgate Cons. 16.05 6.04 10.01 Lion Selection Ltd 0.98 0.98 0.00 Newcrest Mining 31.50 30.99 0.51 Z…
T. N. M. Nugget
ONTARIO MINING ACT HIGHLIGHTS:
Cliffs Idles Coal Plants
As the economic crisis continues to squash demand for steel, Cliffs Natural Resources (CLF-N) is idling some of its metallurgical coal production in West Virginia and Alabama.
Western Copper Gets Go Ahead At Carmacks
VANCOUVER — The Yukon government has approved the mining licence for Western Copper’s (WRN-T, WCPCF-O) Carmacks copper project.
Sumitomo Buys Teck’s Pogo Stake
Debt-laden Teck (TCK. B-T, TCK-N) has struck a deal to sell its 40% interest in the Pogo gold mine in Alaska to its majority partner Sumitomo Metal Mining for about US$245 million in cash.
Spot Prices (May 11, 2009)
COURTESY OF SCOTIABANK Tuesday, May 5, 2009 Precious Metals Price (US$/oz.) Change Gold $903.00 +6.00 Silver $13.11 +0.55 Platinum $1118.00 +20.00 Palladium $218.00 +1.00 Base Metals P…
Japan, China, South Korea In Energy Shopping Spree
Taking advantage of depressed prices, energy-poor but cash-rich industrial powerhouses Japan, China and South Korea have embarked on large-scale buying of energy assets.