Scotiabank report analyses Japan’s impact on commodities
A new report from Scotiabank says the negative fallout from Japan’s earthquake and tsunami are “likely to prove temporary with Japan quickly gearing up its economy again.”
Articles by Northern Miner Staff
U.S. markets stronger, Mar. 21-25
U.S. equity markets posted stronger results in the Mar. 21-25 trading week with the Dow Jones Industrial Average edging up 3.05% or 362.07 points to finish at 12,220.59, and the S&P 500 index rising 2.71% or 34.60 points to 1,313.80. The…
Institutional Shareholder Services recommends Equinox bid
Equinox Minerals (EQN-T, EQN-A) announced today that Institutional Shareholder Services, an independent corporate governance analysis and proxy voting firm, is recommending that Lundin Mining (LUN-T, LUMI-O) shareholders vote in favour of its…
Venture makes gains in March 21-25 period
Vancouver – The S&P TSX Venture exchange made gains of 70.16 points in the March 21 to 25 period to end at 2,314.03, but is still short of its 2,439.83-point peak before the Japan earthquake severely disrupted markets.
Canadian politics have no effect on TSX
An eventful period in politics didn’t translate into much excitement on the TSX, as the TSX Composite Index rose only slightly for the Mar. 21-25 period, gaining 120 points to finish at 14,039.39 points. As a coalition of opposition…
TSX short positions (March 28, 2011)
Short positions outstanding at Mar. 15/11 (with changes from Feb. 28/11).
Exchange rates (March 28, 2011)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Termites lead explorers in Mali to gold
Nicknamed “geozoology,” or “termite geochemistry,” mineral exploration companies in Mali are still turning to termites as an important tool in the search for gold deposits. By sampling termite mounds, which often tower more than two metres high…
Aurizon’s Q4, year-end profits drop
Aurizon Mines (ARZ-T, ARK-X) reported lower fourth-quarter and annual profits for 2010 as it wrapped up a tough year at its flagship Casa Berardi gold mine in northwestern Quebec.
Ethiopian Potash upbeat about the Danakil Depression
Despite lingering concerns in North America and Europe over a slower-than-expected economic recovery, there appears to be little worry left in Ethiopia’s potash-rich Danakil Depression.
Minera Andes makes headway at San Jose mine (March 28, 2011)
Exploration drilling in and around the San Jose underground mine last year uncovered 7.5 km of new high-grade silver-gold veins, a 44% year-on-year increase in the cumulative strike length of all the known veins at the mine, Minera Andes…
Lima connections help Dia Bras acquire Yauricocha mine
Using the contacts of director Alberto Arias, a former Goldman Sachs (GS-N) analyst turned resource investor with a well-connected mining family in Peru, Dia Bras Exploration (DIB-V) has penned a US$310.2-million deal to acquire Sociedad Minera…