BC bans uranium and thorium exploration permits
Vancouver – The prospect of uranium mining in B.C. received a final blow as the provincial government moved to proh…
Articles by Northern Miner Staff
Mexican Silver Mines to earn in to Iamgold’s La Arena
Vancouver – Less than two years into its corporate life Mexican Silver Mines (MSM-V) wants to get into production…
Huge loss for Uranium One
Uranium One (UUU-T) reported a net loss of US$258.8 million for the fourth quarter of 2008, amounting to a total lo…
Situation in Madagascar worsening
Madagascar is in a state of upheaval, and while foreign miners with operations there say they have thus far been un…
Raising $5.3M Helio CEO details Tanzanian drill program
Vancouver – A cashing-up Helio Resource (HRC-V, HELOF-O) is tentatively planning a 20,000 metre drill program at it…
Tanzanian Royalty and Songshan Mining sign option agreement
In a deal that brings together two of his interests — Africa and the emerging economies of Asia, and in particular…
Coeur d’Alene poised to open Mexican mine
It was less than a year ago that Coeur d’Alene Mines (CDM-T, CDE-n, CXC-a) opened its massive San Bartolome silver …
Rio Tinto Gets US$761M For Jacobs Ranch Coal Mine
Rio Tinto’s (RTP-N, RIO-L) recent US$19-billion cash infusion from Chinese state-owned Aluminum Corp. of China (ACH-N) (Chinalco) hasn’t slowed the pace of the debt-laden major’s asset sales.
Hawk Quits Noront JV On Disappointing Results
Ho-hum exploration results in the “Ring of Fire” in the McFaulds Lake area of northern Ontario have forced Hawk Uranium (HUI-V, HWKPF-O) to bow out of its joint-venture option agreement with Noront Re…
Exchange Rates (March 16, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 9 Mar. 6 Mar. 5 Mar. 4 Mar. 3 US$ 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…
International Quotes (March 16, 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…