Platinum Group Metals Lands Japanese Investment
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from large, quasi-governmental institutions.
Articles by Northern Miner Staff
M&A Kicks Up A Notch
As so often happens right after the Prospectors and Developers Association of Canada convention in Toronto, the tenth trading week of 2009 saw a surge in mergers and acquisitions activity, particularl…
Canadian Royalties To Renegotiate Debentures
If market conditions don’t improve, Canadian Royalties (CZZ-T, CRYAF-O) might not have enough cash to pay interest on $137.5 million in debentures due in March 2015.
International Quotes (March 23, 2009)
Australia (A$) March 10 March 3 Change Bendigo Mining 0.21 0.21 0.00 Kingsgate Cons. 4.65 4.93 -0.28 Lion Selection Ltd 0.90 0.80 0.10 Newcrest Mining 30.75 31.53 -0.78…
Dividends (March 23, 2009)
Note: Alcoa will pay $0.9375* on its $3.75* cmltv pr sh on Apr 1, rec Mar 13. Vale will payu $0.4795 for all shares on Apr 30 and Oct 30. Anglo American has suspended its dividend which totals $0.44* …
‘Squeaky Clean’ Lydian Gets Help From EBRD, IFC
The European Bank of Reconstruction and Development (EBRD) will invest $1.6 million to finance Lydian International’s (LYD-T) exploration projects in the Western Balkans.
Copper Fox And Lions Gate Consider Merger
VANCOUVER — Copper Fox Metals (CUU-V, CPFXF-O)and Lions Gate Metals (LGM-V) have signed a letter of intent to merge that would see Copper Fox shareholders receive 0.094 of a Lions Gate share for each…
MacTung Shows Strength For NA Tungsten
VANCOUVER — It will cost almost $400 million to build an underground mine at one of the largest undeveloped tungsten deposits in the world — North American Tungsten’s (NTC-V, NATUF-O) Mac- Tung — b…
A New Tool For Community Development
Conventionally, mining companies have wanted to take immediate measures to alleviate the poverty they observe near their mining projects in developing countries. Typically, they have done this by buil…
People (March 23, 2009)
Affinity Gold– Jonny Lia Tia Yong appointed a director.
Coffey Mining Opens Consultancy Office In Canada
In an effort to expand its global footprint, consultant Coffey Mining, part of Coffey International, has announced plans to open a Canadian division with an office in Toronto.
U.S. Markets March 10-16
U.S. equity indices were up sharply during the March 10-16 reporting period. The Dow Jones Industrial Average added 670 points, or 10.2%, to 7,217; the S&P 500 index rose 77 points, or 11.4%, to 7…