Pacific Rim Does Battle In El Salvador
With its patience wearing thin, Pacific Rim Mining (PMU-T, PMU-X) is preparing to play hardball with the government of El Salvador.
Articles by Northern Miner Staff
Dividends (January 12, 2009)
Company Div. Pay Record ($) Date Date Iamgold 0.06* Jan 12 Dec 24 Sherritt Int’l 0.036 Jan 14 Dec 31 Yamana 0.01 Jan 14 Dec 31 Cameco 0.06 Jan 15 Dec 31 Royal Gold …
ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Juniors Looking For A Lifeline
When a mine closes down, it makes news — and so do the attendant layoffs, which even for a small mine, can number in the hundreds.
Gold Reserve, Rusoro Continue War Of Words
Calling Rusoro Mining’s (RML-V, RMLFF-O) unsolicited takeover bid “opportunistic” and “financially inadequate,” Gold Reserve’s (GRZ-T, GRZ-X) board of directors has unanimously recommended that shareh…
Odds ‘n’ sods: Friends close and far
One thing that has always amused me during my 40 years in mining is meeting friends in strange places.
Lending Rates (January 12, 2009)
as of 9 a. m. ET. Jan. 6, 2009 (%) Bank of Canada 1.75 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
TSX Venture Exchange – Dec. 23-Jan. 5
Ringing in the new year, festive investors lifted the S&P/TSX Venture Exchange 131.5 points during the Dec. 23-Jan. 5 trading session. The Venture board had one of its best runs in over a year, re…
Toronto Stock Exchange – Dec. 23-Jan. 5
Rising oil prices and renewed faith in financials helped inject a level of strength in the TSX composite index that investors have not seen for some time. The index gained 12% over the Dec. 23-Jan. 5 …
Lme Warehouse Levels (January 12, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 6, 2009 (change from Dec. 30 in brackets): Aluminium Alloy 103980 (2100) Aluminium 2357100 ( 55075) Copper…
Silver Eagle Suspends Mining At Miguel Auza
The Mexican government has given its stamp of approval to an agreement Silver Eagle Mines (SEG-T, SVEGF-O) has reached with its union to temporarily shut down the company’s Miguel Auza mine in Zacatec…
MagIndustries Makes Headway At Kouilou
Using a treasury that held consolidated working capital of more than US$100 million in September, Mag- Industries (MAA-V, MAAFF-O) continues to advance its Kouilou potash project in the Republic of Co…