Andina doubles gold resources at Volcan
Andina Minerals (ADM-V) has boosted measured and indicated resources at its Volcan gold project in Chile, to 6.62…
Articles by Northern Miner Staff
Short Position Report (July 21, 2008)
TSX Short Positions Short positions ou…
Cleveland-Cliffs to merge with Alpha Natural Resources
After Cleveland-Cliffs (CLF-N) and Alpha Natural Resources (ANR-N) wrap up their merger, the new entity will own ni…
LENDING RATES (July 21, 2008)
as of 9 a. m. ET, July 14, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …
EXCHANGE RATES (July 21, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 14 July 11 July 10 July 9 July 8 US$ in C$ 1.0061 1.0092 1.0102 1.0108 1.0207 C$ in US$ 0.9939 0.9909 0.9899 0.9893 0.9…
AMEC hired as engineering team for Afton/Ajax project
Vancouver-based Abacus Mining & Exploration (AME-V) has hired AMEC Americas to build an updated mineral resource model and carry out the necessary engineering work at the company’s Afton- Ajax pro…
Taseko spends $100M on Gibraltar mine equipment
Vancouver-based Taseko Mines (TKO-T, TGB-X) has purchased $100 million worth of mining and milling equipment from Bucyrus International (BUCY-N).
TSX VENTURE EXCHANGE JULY 8-14
The July 8-14 trading session was not particularly kind to the S&P-TSX Venture Composite Index — the board lost 100.03 points over the week to close at 2,378.34. The summer trading doldrums were …
TORONTO STOCK EXCHANGE JULY 8-14
The July 8-14 trading period saw the TSX Composite Index inch higher after last period’s tough losses. The index finished at 13,741.29, up 28.49 points.
Nevada Geothermal Power borrowing US$145M for generating plant
Nevada Geothermal Power (NGP-V, NGLPF-O) is planning to borrow US$145 million from a banking syndicate led by Morgan Stanley (MS-N) and Glitnir Capital to build a geothermal power plant at Blue Mounta…
LME WAREHOUSE LEVELS (July 21, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 15, 2008 (change from July 8 in brackets):
PEOPLE (July 21, 2008)
Abacus Mining & Exploration– Victor Lazarovici appointed a director.