Lending Rates (May 04, 2009)
as of 9 a. m. ET. April 28, 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
Bear Creek Looks To Fast Track Santa Ana
Bear Creek Mining’s (BCM-V, BCEKF-O) bulk-tonnage silver deposit in southern Peru could be developed as a pure silver producer averaging 4.6 million oz. per year over 11.8 years of a heap-leach operat…
Plot Thickens In Vedanta-Asarco Deal
VANCOUVER–Despite a ruling that approves certain conditions of a proposed US$1.7-billion sale of Asarco’s operating mines to Vedanta Resources (VDNRF-O, VED-L), as part of the former’s reorganization…
Nunavut Rewarded With Exploration Resurgence
VANCOUVER — Ten years ago, when Nunavut was created, the area was witnessing the end of a productive mining era. The zinc mines at Polaris and Nanisivik and the Lupin gold mine had reached the ends o…
B2Gold’s Big Plans For 2009
VANCOUVER — In less than two years, B2Gold (BTO-T, BGLPF-O) has completed a successful merger that has netted the company 43,000 oz. gold production this year and the chance at 130,000 oz. next year,…
Taseko Opens Copper Hedge Book
The “H” word is no longer dirty. With volatility reigning supreme, Taseko Mines( TKO-T, TGB-X) is taking the prudent step of opening a hedge book to lock in profits on half of its 2009 production.
Producer And Dealer Prices (May 04, 2009)
Antimony: Mid-mkt US$4,250/t.
Spot Prices (May 04, 2009)
COURTESY OF SCOTIABANK
TSX Venture Short Positions (May 04, 2009)
Short positions outstanding at Apr. 15/09 (with changes from Mar. 31/09).
Dividends (May 04, 2009)
Note:Vale will pay $0.4795 for common and preferred class A shares on Apr 30 and Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diam…
Amarillo Hitting Gold At Mara Rosa In Brazil
VANCOUVER — Amarillo Gold (AGC-V, AGCBF-O) is pulling some golden rock out of the ground at its Mara Rosa project, in central Brazil’s Goias state.
TSX Short Positions (May 04, 2009)
Short positions outstanding at Apr. 15/09 (with changes from Mar. 31/09).