Articles by Northern Miner Staff






LENDING RATES (June 23, 2008)

as of 9 a. m. ET, June 17, 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 …


BID-ASK — JUNE 10-16, 2008

12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.18 0.001 Afrasia Minl F V 0.28 0.59 0.25 0.45 0…


Genco Resources' La Guitarra silver mine in Mexico. A shareholder activist is trying to unseat three of the company's directors, alleging they are overpaid and doing an inadequate job of managing La Guitarra.

Breaking up the board

Genco Resources’ (GGC-T, GNCC-O) largest shareholder and former director wants to overthrow three of seven company directors in a proxy vote on June 26, claiming that they are overpaid and putting the…


Aura buys copper mine in Mexico

Aura Minerals (ORA-T, ORAUF-O) has spent $70 million in cash and shares for a producing copper mine in Mexico that has the potential to turn out 28,000 tonnes of copper concentrate per year.



FNX Mining's McCreedy West nickel-copper-platinum group metals mine, in Sudbury, Ont. In return for cash and shares, the company has agreed to sell its payable PGM production from this and two other projects to Gold Wheaton at a gold-equivalent price of US$400 per oz.

Gold Wheaton: Dream team, dream concept

When the team behind Gold Wheaton first approached David Cohen about the idea of mimicking the wildly successful business model of Silver Wheaton (SLW-T, SLW-N), the former chief executive of Northern…



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