The ‘Dismal’ Gather At The PDAC
The ninth trading week of the year was highlighted by another blowout Prospectors and Developers Association of Canada convention in Toronto.
Articles by Northern Miner Staff
West Africans Ask Miners For More Training, Transparency
Mines ministers from West Africa say foreign mining companies need to become more transparent, help more with infrastructure development and provide more training to local people.
Hawk Quits Noront JV On Disappointing Results
Ho-hum exploration results in the “Ring of Fire” in the McFaulds Lake area of northern Ontario have forced Hawk Uranium (HUI-V, HWKPF-O) to bow out of its joint-venture option agreement with Noront Re…
Nagging Court Case Over For Farallon
Farallon Resources (FAN-T, FRLLF-O) is generating positive news despite being a base metal producer in a slumping metals market.
TSX Venture Exchange Rights & Warrants (March 16, 2009)
Atlas Minerals (AMR. WT. A)– Wt buys sh @ $0.60 to Dec 31/09.
U. S. Markets – March 3-9
In a CNBC television interview on March 9, Warren Buffet said the U. S. economy had “fallen off a cliff” and argued Washington needed to wage an “economic war” to fix it and restore confidence in the …
Oyu Tolgoi Agreement Makes Headway In Mongolia
Ivanhoe Mines (IVN-T, IVN-Q) says that Mongolia’s cabinet has completed its second review of the draft investment agreement for the massive Oyu Tolgoi project and has said it will present the draft to…
Toronto Stock Exchange – March 3-9
The TSX was down during the March 3-9 reporting period, with the S&P/TSX composite index losing 121 points, or 1.6%, to 7,567. Last May, the index hit 15,000.
Canadian Gold Mutual Funds (March 16, 2009)
Featured Fund: BMO precious metals as of 12/31/08 (in weighted order): Kinross Gold, Allied Nevada Gold, Agnico-Eagle Mines, Goldcorp, Red Back Mining, San Gold, Quadra Mining, Franco-Nevada, Lihir Go…
Impact Cuts High-Grade Mexican Silver
VANCOUVER — As Impact Silver (IPT-V, ISVLF-O) announces results of a 54-hole drill campaign at the Capire target on its Mamatla property in Mexico, it says there may be potential for an open-pit mine…
Exchange Rates (March 16, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 9 Mar. 6 Mar. 5 Mar. 4 Mar. 3 US$ in C$ 1.3000 1.2863 1.2877 1.2765 1.2938 C$ in US$ 0.7692 0.7774 0.7766 0.7834 0.7729…
Lending Rates (March 16, 2009)
as of 9 a. m. ET. March 10, 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 3…