OMA Makes Suggestions For Provincial Budget
— The following is the first part of an open letter to The Honourable Dwight Duncan, Ontario’s Minister of Finance, from Chris Hodgson, president of the Ontario Mining Association outlining the OMA’s…
Articles by Northern Miner Staff
FNX Closes Levack, McCreedy West Nickel Mines
FNX Mining (FNX-t) is halting nickel production at its Levack mine and adjoining McCreedy West mine in Sudbury, Ont., putting 307 people out of work.
Platmin Sells Majority Stake For US$175M
Vancouver — In exchange for US$175 million — enough to finish construction of the Pilanesberg platinum mine in South Africa — cash-strapped Platmin( PPN-T, PPN-l) has agreed to hand over the keys t…
Linear Tables KM61 Copper-Moly-Silver Resource
Linear Metals (LRM-T, LMTCF-O) has come out with a resource estimate for its KM61 copper-moly-silver project, near Armstrong, Ont.
Northgate More Than Doubles Young-Davidson Gold Resource
Vancouver — Northgate Minerals (NGX-T, NXG-x) has been rewarded for its drilling efforts at its Young-Davidson project in Ontario with a new resource estimate that pushes the gold count past 3 millio…
Daily Metal Prices (December 29, 2008)
Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1120/1180 1140/1180 1140/1210 1110.50/1170 1105…
North American Stock Exchange Indices (December 29, 2008)
52-week Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 High Low S&P/TSX-Ven Comp 716.81 718.54 713.44 705.54 686.02 2886.39 678.62 TSX Composite 8461.83 8515.45 8391.90 8634.00 …
Tsx Venture Short Positions (December 29, 2008)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).
Tsx Short Positions (December 29, 2008)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).
Canadian Gold Mutual Funds (December 29, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
Nautilus Delays Seafloor Mine Development
The turmoil in the world markets has prompted Nautilus Minerals (NUS-T, NUS-l) to delay construction of the mining system for its Solwara 1 seafloor copper-gold-zinc-silver massive sulphide deposit, o…
Lending Rates (December 29, 2008)
as of 9 a. m. ET. Dec. 19, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 0-0.25 U. S. Prime …