JP Morgan Bearish On Coal
It’s that time of the year again — when companies settle coal contracts.
Articles by Northern Miner Staff
Yukon-Nevada Sorts Out Jerritt Canyon Mess
After a year of addressing environmental and operational issues, Yukon-Nevada Gold (YNG-T) is finally able to restart milling at its Jerritt Canyon mine in northeastern Nevada’s Elko Cty.
Dividends (April 20, 2009)
Note:Vale will pay $0.4795 for all 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 Diamond have also suspended t…
Lending Rates (April 20, 2009)
as of 9 a. m. ET. April 14, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.50 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime…
Miners Cast Wary Eye On Indonesia
Despite being home to some of the world’s more robust gold deposits, mining in Indonesia is in a state of upheaval.
Toronto Stock Exchange – April 7-13
Canadian equity indexes posted gains during the April 7-13 reporting period, in tandem with firming U. S. markets. The S&P/TSX composite index was up 269 points or 3% to 9,286, a three-month high….
Lydian Reports First Resource At Amulsar
Lydian International (LYD-T, LYDIF-O) has defined an inferred resource at its Amulsar property in Armenia in one field season.
SouthGobi Errs In Mongolian Coal Estimate
VANCOUVER– Mathematical errors have led to a major overstatement of a resource estimate at South- Gobi Energy Resources’ (SGQ-V, SGQRF-O) Ovoot Tolgoi coal mine in southern Mongolia.
Workers Protest At Paladin Construction Site
Paladin Energy (PDN-T, PDN-A) says worker unrest at its Kayelekera uranium project in Malawi hasn’t slowed construction and it expects commissioning by the end of April as scheduled.
TSX Venture Exchange – April 7-13
Over a four-day trading week shortened by the Easter holiday, the S&P/TSX Venture composite index gained 17.69 points to close the April 7-13 reporting period at 980.86. Daily trading volumes were…
Exeter Defines Big Caspiche Resource
VANCOUVER– The initial resource estimate for Exeter Resource’s (XRC-V) Caspiche gold-copper project in Chile is in and it is big.
Uranium One Posts US$2.4B Loss
Uranium One (UUU-T, SXRZF-O) reported a net loss of US$258.8 million for the fourth quarter of 2008, bringing its total loss for the year to US$2.4 billion, or US$5.24 per share.