Articles by Northern Miner Staff






Lending Rates (February 16, 2009)

as of 9 a. m. ET. Feb. 10, 2009 (%) Bank of Canada 1.25 Target overnight rate 1.00 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …


David Garofalo of Agnico-Eagle Mines (left) collects the award for best investor relations by a CFO from Michael Nowlan of Marketwire.

Agnico-Eagle, PotashCorp Scoop Up IR Awards

In a field dominated by the slicker sectors of the Canadian economy such as banking and hi-tech, the investor-relations efforts of a couple of mining companies came out on top at the IR Magazine Canad…


Toronto Stock Exchange – FEB. 3-9

The job picture on both sides of the Canada-U. S. border continued to deteriorate in January, with 598,000 U. S. jobs lost, and 129,000 fewer jobs in Canada. The unemployment rate stateside rose to 7….


TSX Venture Exchange – FEB. 3-9

The S&P/TSX Venture composite index broke 900 points for only the third time since mid-November during the Feb. 3-9 trading period, closing the week up 28.28 points at 901.1. Daily trading volumes…


Xstrata Chops Jobs, Output In Sudbury

Continued low nickel prices are forcing Xstrata (XSRAF-O, XTA-L) subsidiary Xstrata Nickel to accelerate the downsizing of its nickel mining and milling assets in Ontario’s Sudbury basin.


Tanzanian Royalty Strikes Deal With Kazakh Africa

Tanzanian Royalty Exploration Corp.’ s (TNX-T, TRE-X) shares climbed 5% to $4.39 per share following news it had signed an agreement with Kazakh Africa Mining involving its diamond licences in the Mwa…


‘Porkulus’ To Stoke Inflation

The financial world during the fifth trading week of the year was dominated by the haggling in Washington, D. C., over the size and content of the federal government’s unprecedentedly large stimulus b…


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