Exchange Rates (April 27, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 20 Apr. 17 Apr. 16 Apr. 15 Apr. 14 US$ in C$ 1.2343 1.2146 1.2062 1.02038 1.2092 C$ in US$ 0.8102 0.8233 0.8290 0.8307 …
Articles by Northern Miner Staff
International Quotes (April 27, 2009)
Australia (A$) April 21 April 14 Change Bendigo Mining 0.22 0.25 -0.03 Kingsgate Cons. 5.25 5.00 0.25 Lion Selection Ltd 0.93 0.94 -0.01 Newcrest Mining 27.84 30.03 -2….
Wesdome Gold Is Back In Black
It’s been trying times for many but not for junior gold miner Wesdome Gold Mines (WDO-T).
Rubicon Plans 80,000-Metre Drill Program At Phoenix
After intersecting mineralization in a number of stepout holes at its Phoenix gold project in Red Lake, Ont., Rubicon Minerals (RMX-T, RBY-X) is substantially expanding its exploration program.
Eloro Hunts Zinc, Silver In Northern Ontario
Eloro Resources (ELO-V) is getting a handle on the mineralization of its Hurdman polymetallic project in northern Ontario.
Gold rises on China purchases
Word that the Chinese have been stealthily stockpiling gold over the last five years sent the price of the yellow m…
Osisko rises on South Barnat infill grades
Vancouver – Infill drilling at the Canadian Malartic project is returned better-than-expected gold grades for own…
Formation gains on USFS rejection of Xstrata appeal
Vancouver – An arduous environmental-permitting odyssey is over for Formation Capital (FCO-T, FCACF-O).
Uranium One celebrates start of pilot mining phase in Kazakhstan
Japanese, Canadian and Kazakh officials collected in a remote corner of Kazakhstan to mark the beginning of the pil…
Economic downturn shines spotlight on compensation packages (April 24, 2009)
The public outcry over outlandish bonuses and pensions paid to senior executives at financial institutions in the U…
Dealing with the downturn
A day-long program on dealing with the downturn in the mining sector will be held in Toronto on Wednesday May 13. T…
Plot thickening in US$1.7B Asarco asset-sale to Vedanta
Vancouver – Despite a ruling that approves certain conditions of a proposed US$1.7 billion sale of Asarco’s operati…