Lending Rates (May 18, 2009)
as of 9 a. m. ET. May 12, 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 …
Articles by Northern Miner Staff
International Quotes (May 18, 2009)
Australia (A$) May 12 May 5 Change Bendigo Mining 0.24 0.25 -0.01 Kingsgate Cons. 5.58 6.05 -0.47 Lion Selection Ltd 0.93 0.98 -0.05 Newcrest Mining 29.70 31.50 -1.80 …
Red Hill Prefeasibility Sees US$337M Mine At Ulaan Ovoo
VANCOUVER — A prefeasibility study has returned positive economics for Red Hill Energy’s (RH-V, RHFFF-O) Ulaan Ovoo project at moderate thermal coal prices.
Cameco’s Q1 Profit Sinks 38%
Higher production costs in its uranium business chipped away at Cameco’s (CCO-T, CCJ-N) profits in the first quarter of 2009.
UME’s San Gregorio Runs Deep
Uruguay Mineral Exploration (UME-V, UGY-L) has come out with an initial resource estimate for mineralization found underneath its Arenal Deeps open pit, which is part of the San Gregorio gold mining o…
Trevali, Glencore sign MOU
Vancouver – Trevali Resources (TV-C, TREVF-O) has attracted the interest of metals-giant Glencore to its Santander …
More gold at Sabodala for Oromin
Vancouver – The Sabodala gold project in eastern Senegal continues to yield promising results for Oromin Explorat…
Crystallex perseveres in Venezuela
Cash and equivalents of US$21.6 million at the end of the first quarter should be sufficient to fund Crystallex Int…
AngloGold Ashanti posts strong Q1 earnings
Higher spot gold prices, a lower hedge discount and weaker local operating currencies all contributed to strong fir…
Suncor and Petro-Canada merger to create oilsands behemoth
The proposed merger of Suncor Energy (SU-T, SU-N) and Petro-Canada (PCA-T, PCZ-N) will create the largest Canadian …
Will Teck sell its stake in the Fort Hills oilsands project?
In September 2007, Teck (TCK.b, TCKN) raised its stake to 20% in the Fort Hills Energy Partnership, which is …
Petrobank seeks to commercialize innovative oilsands technology
Petrobank Energy and Resources (PBG-T) has pioneered what is probably one of the most innovative technologies in th…