TSX Venture Exchange Nov. 14-20
Range-bound precious metals coupled with a slight weakening in base metals pushed the S&P-TSX Venture Composite Index down 18.39 points over the Nov. 14-20 trading session to close at 2,630.5. Ave…
Articles by Northern Miner Staff
U.S. Markets Nov. 14-20
U.S. equity markets went on a steady but unspectacular rise over the reporting period Nov. 14-20, helped by a decline in oil prices and by low inflation figures. The Dow Jones Industrial Average, whic…
LME Warehouse Levels (November 27, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 20, 2006 (change from Nov. 13 in brackets):
Hudson delivers more Greenland diamonds
Vancouver — With another batch of diamonds from its Greenland drilling program, Hudson Resources (HUD-V, HUDRF-O) has once again upped the size of the largest stone found in the region to 0.122 carat…
UrAsia Secures uranium contracts in hot market
UrAsia Energy (UUU-V, UAEYF-O, UUU-L) recently announced five new agreements for uranium concentrates from its Akdala uranium mine in Kazakhstan — and then saw its share price drop.
Australia’s Western Areas backs Mustang at Maskwa (November 27, 2006)
Perth, Australia-based nickel miner Western Areas (WSA-T, WSA-A) is investing up to $5 million in Mustang Minerals (MUM-V, MSMGF-O), enough money to allow the Toronto-based junior to complete a feasib…
Lending Rates (November 27, 2006)
as of 4 pm ET, Nov. 20, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
Dividends (November 27, 2006)
Company Div. Pay Record ($) Date Date Alcoa 0.15* Nov 25 Nov 3 Noranda Incm Fd 0.085 Nov 27 Oct 31 Quest Capital 0.02 Nov 30 Nov 15 Phelps Dodge…
Queenstake Q3 disappoints
Vancouver — Reduced gold production coupled with higher commodity and labour costs pushed Queenstake Resources (QRL-T, QEE-X) to its worst quarterly performance since acquiring the Jerritt Canyon min…
Tribute’s Arrow holes hit mark (November 27, 2006)
Analytical results from two drill holes by Tribute Minerals (TBM-V, TBMIF-O) at the Garnet Lake property in northwestern Ontario have shown zinc and minor copper mineralization.
New Gold outlines deep zone at Afton
Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.
Lonmin bids for AfriOre
Platinum producer Lonmin (LMNIF-O, LMI-L) has reached an agreement to acquire AfriOre (AFO-T, AFOFF-O) in an all-cash deal.