TORONTO STOCK EXCHANGE SEPT. 9-15
The downward market momentum continued over the Sept. 9-15 trading period; the TSX Composite Index plunged a further 3% to make a total loss of 11% since the beginning of the month. The benchmark clos…
Articles by Northern Miner Staff
CANADIAN GOLD MUTUAL FUNDS (September 22, 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…
Scorpio hits high grade at Nuestra Senora (September 22, 2008)
VANCOUVER — Underground drill at the Nuestra Senora mine in Mexico is returning bonanza intercepts for Scorpio Mining (SPM-T, SMNPF-O).
LME WAREHOUSE LEVELS (September 22, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 16, 2008 (change from Sept. 9 in brackets):
TSX SHORT POSITIONS (September 22, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08). 4096432 1511055 1315354 1241900 1032021
DIVIDENDS (September 22, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
Permit delays top concern among mining CEOs
Chief executives of small and mid-cap companies are optimistic about the future of Canada’s mining industry despite frustrations with government red tape, land claim issues and a shortage of skilled w…
SPOT PRICES (September 22, 2008)
COURTESY OF SCOTIABANK
2008 Annual Meeting Event Schedule
Sunday, November 30, 2008
Southwestern settles lawsuits for $15.5M
Southwestern Resources (SWG-T, SWGGF-O) has settled the class action lawsuits brought against it last year following news that drill grades in the database of its Boka gold project, in China’s Yunnan …
Ecuador’s mining reforms nearly complete: official
DENVER, COLO.–The draft of a new mining law that sets royalties on a sliding scale of 3-8% will be submitted to Ecuador’s legislature in the middle ofOctober, the country’s acting vice-minister of mi…
Musings on the gold price from Denver
DENVER, COLO. — Gold prices are going to remain quite volatile in the short term but in the long run, the yellow metal will set new records, Martin Murenbeeld of Dundee Wealth Economics, told investo…