CANADIAN GOLD MUTUAL FUNDS (June 09, 2008)
Featured Fund: AGF Precious Metals, as of 01/31/08 (in weighted order): Kinross Gold, Goldcorp, Yamana Gold, Inmet Mining, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, High River Gold Mines, F…
Articles by Northern Miner Staff
Progress for Marengo’s PNG copper-moly project
Marengo Mining (MRN-T, MGO-A) is considering the financial merit behind a 50-million-tonne-per-year copper-molybdenum open-pit mine in Papua New Guinea.
DAILY METAL PRICES (June 09, 2008)
Date June 2 May 30 May 29 May 28 May 27 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2650/2680 2670/2690 2635/2670 2651/2690 2671/2710 A…
NORTH AMERICAN STOCK EXCHANGE INDICES (June 09, 2008)
52-week Date June 2 May 30 May 29 May 28 May 27 High Low S&P/TSX-Ven Comp 2651.89 2657.00 2628.60 2648.25 2650.50 3341.56 2340.21 TSX Composite 14814.18 14714.73 14577.17 146…
EXCHANGE RATES (June 09, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 2 May 30 May 29 May 28 May 27 US$ in C$ 1.0013 0.9942 0.9872 0.9915 0.9932 C$ in US$ 0.9987 1.0058 1.0130 1.0086 1.0068…
LENDING RATES (June 09, 2008)
as of 9 a. m. ET, June 3, 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 5…
DIVIDENDS (June 09, 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…
Diagem thwarted in Brazilian Amazon (June 09, 2008)
Diagem (DGE-V, DGEMF-O) has stopped activities at its Chapadao diamond project in Brazil.
Mining industry tackling skills shortage
The story is the same across the entire mining industry in Canada: a serious labour shortage. While Canada’s mining industry is growing, creating strong demand for workers, at the same time supply is …
Kupol comes online
The week ended May 31, the 22nd trading week of 2008, was highlighted by a feat many said was too difficult to pull off.
BID-ASK — MAY 27-JUNE 2, 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 0.12 Anglo-Bomarc V 0.12 0.18 0.15 0.30 0.11…
Terrane lands $40M loan for Mt. Milligan
Majority shareholder Goldcorp (G-T, GG-N) has agreed to guarantee a loan to Terrane Metals (TRX-V, TRXOF-O) for up to $40 million for capital equipment procurement at its 100%-owned Mt. Milligan coppe…