Aura buys copper mine in Mexico
Aura Minerals (ORA-T, ORAUF-O) has spent $70 million in cash and shares for a producing copper mine in Mexico that has the potential to turn out 28,000 tonnes of copper concentrate per year.
Articles by Northern Miner Staff
Nova Scotia revisits uranium moratorium (June 23, 2008)
Nova Scotia’s 26-year-old ban on uranium mining will soon be up for debate, and could be lifted under certain conditions, says the province’s minister of Natural Resources, David Morse.
Gold Wheaton: Dream team, dream concept
When the team behind Gold Wheaton first approached David Cohen about the idea of mimicking the wildly successful business model of Silver Wheaton (SLW-T, SLW-N), the former chief executive of Northern…
First hole golden for Northern Freegold (June 23, 2008)
VANCOUVER — The first hole of the summer season into Northern Freegold Resources’ (NFR-V, NFRGF-O) Freegold Mountain project in the Yukon has returned a stunning gold result that has the company’s ma…
DAILY METAL PRICES (June 23, 2008)
Date June 16 June 13 June 12 June 11 June 10 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2591/2650 2620/2660 2625/2665 2596/2635 2603/2…
NORTH AMERICAN STOCK EXCHANGE INDICES (June 23, 2008)
52-week Date June 16 June 13 June 12 June 11 June 10 High Low S&P/TSX-Ven Comp 2636.07 2639.40 2634.26 2638.56 2648.94 3341.56 2340.21 TSX Composite 14944.28 14778.46 14602.59 …
First Metals moves on Magusi
First Metals (FMA-T, FSTMF-O) has received permission to develop an underground access ramp to extract a 50,000-tonne bulk sample from its Magusi River zinc-coppergold-silver deposit near Rouyn-Norand…
TSX VENTURE SHORT POSITIONS (June 23, 2008)
Short positions outstanding at May 31/08 (with changes from May 15/08).
CNQ TRADING — JUNE 10-16, 2008
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Avanti Mining AVMI 450 0.375 0.35 0.35 0.00 0.80 0.23 Bison Gold BGEI 30 0.02 0.02 0.02 0.00 0.27 0.01 CDG …
DIVIDENDS (June 23, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per share on $3.75* cmltv prf stk on July 1, rec June 13. Hecla Mining will pay $0.875* di…
EXCHANGE RATES (June 23, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 16 June 13 June 12 June 11 June 10 US$ in C$ 1.0211 1.0282 1.0232 1.0174 1.0243 C$ in US$ 0.9793 0.9726 0.9773 0.9829 0…
Raytec shares surge over potash
VANCOUVER — With potash fever continuing unabated, news of a potash resource estimate recently catapulted Raytec Metals’ (RAY-V, RAYMF-O) share price up 128%.