Goldcorp closes Glamis deal
In an unusual weekend manoeuvre, Goldcorp (G-T, GG-N) closed its controversial US$8.6-billion acquisition of Glamis Gold (GLG-T, GLG-N) on the Saturday evening of Nov. 4, exchanging each Glamis share …
Articles by Northern Miner Staff
The earnings statement
MINING EXPLAINED
Editorial: Trusts get busted
More than a few Canadian investors were a little distracted handing out candy at the front door on Halloween, eager as they were to head back to the TV to take in news that Canadian Finance Minister J…
Canadian Gold Mutual Funds (November 13, 2006)
Fund name Nov 6($) Oct 30($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 24.71 23.67 1.04 4.4 51.4 2.68 407 Altamira Pr & Str Mtl 11.88 11.48 0.40 3.5…
International Quotes (November 13, 2006)
Australia (A$) Nov 7 Oct 31 Change Bendigo Mining 0.83 0.99 -0.16 Centamin Egypt 0.67 0.68 -0.01 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.31 0.35 -0.04 Kingsgate Cons. 4.00…
Clifford new ICMM chair
Rio Tinto (RTP-N) chief executive Leigh Clifford was appointed chair of the International Council on Mining & Metals ICMM. He succeeds Newmont Mining CEO Wayne Murdy.
PDAC seeks nominations
The Prospectors and Developers Association of Canada (PDAC) is seeking nominations to its board.
Rainy River pulls high-grade gold
Vancouver — Rainy River Resources (RR-V, RRFFF-O) has announced a number of high-grade drill intercepts from its namesake gold project located about 80 km south of Kenora, in northwestern Ontario.
Suppliers News (November 13, 2006)
Katanga secures more pieces of copper mine
Toronto Stock Exchange Oct. 31-Nov. 6
Finance Minister Jim Flaherty’s Halloween announcement of changes to the tax treatment of income trusts was the “boo” heard round the markets during the reporting period Oct. 31-Nov. 6. A previously s…
U.S. Markets Oct. 31-Nov. 6
As investors braced for the outcome of mid-term elections, the Dow Jones Industrial Average was once again nudging record territory after rising to 12,105.55 during the Oct. 31-Nov. 6 trading session.
Lihir to take over Ballarat (November 13, 2006)
Lihir Gold (LIHR-Q, LHG-A) has offered to take over Ballarat Goldfields (BLRTF-O, BGF-L, BGF-A) in an all-paper merger that values Ballarat at A$350 million ($300 million). The proposal is to trade fi…