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 ($300 million). The proposal is to trade fi…
Articles by Northern Miner Staff
Exchange Rates (November 13, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (November 13, 2006)
Company Div. Pay Record ($) Date Date Pr Mtls Mng Trust 0.05 Nov 15 Oct 31 Peabody Energy 0.06* Nov 22 Nov 1 Goldcorp 0.015* Nov 24 Nov 17 Alcoa…
Lending Rates (November 13, 2006)
as of 4 pm ET, Nov. 7, 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…
Disappointment at El Corazon
Vancouver — Shares of Skeena Resources (SKE-V, SKREF-O) dropped 30% on high volume following drill results of up to 8.8 metres of 6.2 grams gold per tonne from its El Corazon project, in northwestern…
Peace but still worry in Kyrgyzstan
While the signature of Kyrgyzstan’s president on constitutional reforms has — at least for the moment — quelled t…
Lundin eyeing growth in Iran
Vancouver – Despite the obvious political risks, Lundin Mining (LUN-T, LUMI-S) is eyeing a massive zinc deposit in …
Bell taps wide copper intercept at Sombrero Butte
Vancouver – Initial drilling by Bell Resources (BL-V, BZRSF-O) on its Sombrero Butte project in Pinal Cty., Arizona…
Update: Barrick waives minimum tender condition in NovaGold bid
Vancouver – Barrick Gold (ABX-T, ABX-N) has waived the 50.1% minimum tender condition in its US$16.00-per-share bid…
Deep zone outlined at New Gold’s Afton
Vancouver – Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, British Columbia is …
Western Prospector hits new uranium zone at Saddle Hills
Vancouver – A new zone of uranium mineralization has been identified by Western Prospector Group (WNP-V) on its Sad…
Alhambra intersects higher grades at Uzboy
Vancouver – Alhambra Resources (ALH-V) president Elmer Stewart says he is encouraged by the results of drilling to…