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….
Articles by Northern Miner Staff
Exchange Rates (February 16, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 US$ in C$ 1.2192 1.2389 1.2303 1.2266 1.2337 C$ in US$ 0.8202 0.8072 0.8128 0.8153 0.8106…
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…
Dividends (February 16, 2009)
Note:Xstrata PLC subsidiary, Xstrata Canada is sending a notice of redemption for all outstanding Cmltv prf sh, series 3, redeemable Mar 1 for $25 each in cash, plus accruded and unpaid dividends. Alc…
Fortuna Silver Production On The Rise
After increasing silver production by 85% in 2008, Fortuna Silver Mines (FVI-V, FVITF-O) is planning to keep the trend going with an 80% rise this year.
North American Stock Exchange Indices (February 16, 2009)
52-week Date Feb 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 High Low S&P/TSX-Ven Comp 901.10 909.34 898.22 890.05 869.25 2814.88 678.62 TSX Composite 9047.28 9008.02 8860.98 8693.09 862…
TSX Venture Short Positions (February 16, 2009)
Short positions outstanding at Jan. 31/09 (with changes from Jan. 15/09).
Century Mining Digs Up $66M Financing
Century Mining (CMM-V, CMNZF-O) has joined a growing group of mining companies trying to weather the financial storm through alternative financing solutions.
Bidding War Erupts For Frontera Copper
A bidding war is emerging for Frontera Copper (FCC-T, FRCPF-O) that is pitting the Invecture Group against Southern Copper Corp. (PCU-N).
Sacked CEO Fights To Replace Polar Star Board
Polar Star Mining’s (PSR-V, POSRF-O), ex-president and CEO Douglas Willock is rallying shareholders to help him replace the company’s board of directors — namely, executive chairman Stephen G. Roman.
Golden Hope Hits New Mineralization
Assay results from Golden Hope Mines (GNH-V, GOLHF-O)’ Bellechasse property confirm the company has hit upon a second mineralized body at its Quebec gold project.
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.