Best-ever zinc grades at Scott Lake
Cogitore Resources (WOO-V) reported its best-ever zinc grades from recent drilling at Scott Lake near Chibouga…
Articles by Northern Miner Staff
Luna ends drill program with strong results
Luna Gold (LGC-V) struck upon some promising results at its Cachoeira gold project in northeastern Brazil as it wra…
Dividends (December 08, 2008)
Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Xstrata Canada will pay $0.2863 div for pref sh series…
Lending Rates (December 08, 2008)
as of 9 a. m. ET. Nov. 25, 2008 (%) Bank of Canada 2.50 Target overnight rate 2.25 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 1.00 U. S. Prime …
Reed Lake Drilling Paying Off For VMS Ventures
Vancouver — The Reed Lake discovery continues to return solid copper-zinc-silver-gold intersections for VMS Ventures (VMS-V, VMSTF-O).
Vaaldiam Looks To ‘Stop The Bleeding’
Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…
Spot Prices (December 08, 2008)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (December 08, 2008)
Antimony: Mid-mkt US$5,700 /t.
Global Financial Crisis Sends Deal Value Down
The value of mergers and acquisitions in the metals industry this year will fall far short of last year’s total and the outlook for the first half of 2009 doesn’t look very promising, PricewaterhouseC…
Metals Commentary: Gold: Has The Recovery Begun?
Vancouver– The yellow metal might have underperformed over the last few months, but recent price increases have prompted analysts to predict at least a short-term rally for gold, whether or not major…
Editorial: BHP Billiton Dodges A US$42B Bullet
The week ended Nov. 29, the 48th trading week of 2008, was characterized by a couple of things that didn’t happen.
Sherritt Buckles Down After Strong Q3
Although Sherritt International (S-T, SHERF-o) had a strong third quarter, the company says it will cut back on spending in the new year as it braces for much weaker fourth-quarter results.