Canadian Gold Mutual Funds (December 11, 2006)
Fund name Dec 4($) Nov 27($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 26.89 25.57 1.32 5.2 64.8 2.68 440 Altamira Pr & Str Mtl 13.04 12.47 0.57 4.6…
Articles by Northern Miner Staff
International Quotes (December 11, 2006)
Australia (A$) Dec 4 Nov 27 Change Bendigo Mining 0.80 0.81 -0.01 Centamin Egypt 0.71 0.70 0.01 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.23 0.30 -0.07 Kingsgate Cons. 4.24…
Guarded optimism for miners in prospective Philippines
Although it’s the fifth most mineralized country in the world, the Philippines’ mining industry is extremely underdeveloped — a result of years of ongoing policy issues, political turmoil and opposit…
Lending Rates (December 11, 2006)
as of 4 pm ET, Dec. 4, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
Coal train gaining momentum
Vancouver — Canadian coal producers, eyeing forecasts of rising consumption in Asia, are gearing up to take advantage of buoyant prices by expanding their thermal and coking coal operations within th…
Metals forecast
Metal investors can be forgiven if they feel like popping an extra bottle of Dom Prignon this New Year’s Eve. It’s been a rollicking 12-month ride for metal prices, and the shares of many of the comp…
Platinum’s future looks bright
Vancouver — If silver’s moniker is the poor man’s gold, platinum’s buoyant price performance must certainly place it in the running as a much richer man’s precious metal. However, despite the lofty p…
The looming staff crunch for mining companies
Slow times in mining over the past couple of decades have changed into a time of high activity, buoyed by strong demand for commodities. As mining companies contemplate their next projects, they may b…
HudBay budgets $45M on exploration, development
As part of a plan to develop marginal deposits while metal prices are high, HudBay Minerals (HBM-T) will spend $8.5 million on a program of infill drilling, a bulk sample and a feasibility study on th…
A little rough
Strapped for cash, Tahera Diamond (TAH-T) is counting on a $30-million private placement from Teck Cominco (TCK.B-T, TCK-N) to help stem the tide while it attempts to right the underperforming Jericho…
Editorial: Mining and CSR, Part II
In Part I last week, we began our look at how three high-profile accidents at Canadian-operated mines in the mid-1990s provoked fundamental changes in the Canadian mining industry, and focused on a sp…
No substitute for common sense
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