Exchange Rates (May 28, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Articles by Northern Miner Staff
Dividends (May 28, 2007)
Company Div.($) Pay Date Record Date Consol Energy 0.07* May 25 May 4 Goldcorp 0.0.015*May 25 May 18 McChip Res 0.05 May 30 May 23 Falconbridge S3 0.29 June 1…
Golden Chalice Rises 543% on Nickel Hole
Vancouver — Coming out of nowhere, Golden Chalice Resources (GCR-V, GCRIF-O) rocketed up the stock charts recently, gaining 543% on a wide nickel intercept from its Langmuir project, just south of Ti…
No Market Reward for U3O8 Drill Results
Although the price of U3O8 has maintained its steady ascent, U3O8 (UWE-V, UTREF-O) — the company — watched its share price plummet 25% in one day recently, on the news that it intersected uranium in…
Upkeep Brings Suncor Output Down
A drop in production at its Fort McMurray, Alta., oilsands operation has prompted Suncor Energy (SU-T, SU-N) to lower its 2007 production forecast to 255,000-265,000 barrels per day (bpd) from a maxim…
Grieco Brothers Killed in Plane Crash
Brothers Frank and Joe Grieco, principals of Oshawa, Ont.-crusher manufacturer PR Engineering, died in a small plane when it crashed attempting to land at an airstrip in Dunkirk, N.Y.
Syncrude Earns $713 Million in Q1
Syncrude Canada’s newest coker may have gotten off to a rocky start, but overall, the expansion of its Fort McMurray, Alta.-area oilsands project has resulted in a huge first-quarter gain in earnings …
Gold Reserve Closes US$164M Financing
Vancouver — Gold Reserve (GRZ-T, GRZ-X) has closed a US$164.2-million financing announced in early May, paving the way for construction to begin at its major holding, the Brisas gold-copper project i…
People (May 28, 2007)
Alma Res. — Clint Sharples appointed director.
Southern Arc Up After Typo Corrected
A typo on a press release outlining recent drill results on Southern Arc Minerals’ (SA-V, SOACF-O) West Lombok copper-gold property, in Indonesia, delayed an enthusiastic market reaction to news of a …
LME Warehouse Levels (May 28, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 21, 2007 (change from May 14 in brackets):
Orko Thinks Martha Vein Intercept a Good Thing
Vancouver — Recent drill results from Orko Silver’s (OK-V, OKOFF-O) La Preciosa project in Durango state, Mexico, which cut a number of mineralized intercepts, have the company optimistic about boost…