Coal cushions Teck’s third quarter (October 27, 2008)
Vancouver – For Teck (TCK.B-T, TCK-N) coal continues to be its saving grace this quarter.With demand for zinc and…
Articles by Northern Miner Staff
Cardero offered US$200 million for Pampa de Pongo
Vancouver – In the midst of a flurry of questions about slowing Chinese metal consumption, Cardero Resource (CDU-T,…
Noront, Rosseau agree on compromise board
A day before Noront Resources’ (NOT-V) annual shareholders’ meeting — where a dramatic proxy contest was set to de…
Intrepid gets positive assays from Paulsens extension
Intrepid Mines (IAU-T) is busy developing two newly found gold zones at its Paulsens gold mine in Western Australia…
Green Macaw gets in the way of Infinito
Costa Rican President Oscar Arias and Environment Minister Roberto Dobles find themselves in the hot seat for their…
LENDING RATES (October 27, 2008)
as of 9 a. m. ET, Oct. 21, 2008 (%) Bank of Canada 2.75 Target overnight rate 2.25 Canadian Prime 4.25 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 1.50 U. S. Prime …
INTERNATIONAL QUOTES (October 27, 2008)
Australia (A$) Oct 21 Oct 14 Change Bendigo Mining 0.13 0.15 -0.02 Kingsgate Cons. 0.75 0.66 0.09 Lion Selection Ltd 1.30 1.39 -0.09 Newcrest Mining 22.37 26.65 -4.28 …
PRODUCER AND DEALER PRICES (October 27, 2008)
Antimony: Mid-mkt US$6,383.33/t.
DAILY METAL PRICES (October 27, 2008)
Date Oct. 20 Oct. 17 Oct. 16 Oct. 15 Oct. 14 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1645/1720 1710/1760 1715/1760 1805/1850 1795/1…
Newmont rethinks Hope Bay (October 27, 2008)
Rather than proceed with a mine plan conceived by former owner Miramar Mining that would see production begin this year, Denver, Colo.-based Newmont Mining (nmc-t, nem-n) has taken a step back at the …
Plunging PGM prices force Lac des les shutdown
A dramatic drop in platinum and palladium prices has forced North American Palladium (PDL-T, PAL-x) to temporarily shut down its Lac des les mine, near Thunder Bay, Ont., which has been operating bel…
Houston Lake digs Kenora
SITE VISIT Kenora, ONT. — The rolling hills and quiet lakes outside of Kenora, Ont., offer up many an idyllic Canadian panorama. The casual Sunday driver would be forgiven for…