Fortune Minerals progressing on two fronts
Vancouver – Fortune Minerals (FT-T) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.
Articles by Northern Miner Staff
Canadian Mining Hall of Fame induction reminder: Jan. 6 reservation deadline
The deadline for making reservations to attend next week’s 23rd annual Canadian Mining Hall of Fame dinner and induction ceremony in Toronto is rapidly approaching.
TSX shows strong finish
Investors shrugged off the tendency to sell at the close of the year causing the TSX Composite Index to rise from 13,231.49 points to 13,443.22 points for the Dec. 20-31period. Perhaps investors were emboldened by year end figures on the…
U.S. Markets end year on high note
U.S. stocks closed out a second consecutive year of gains, recovering to levels last seen prior to the collapse of Lehman Brothers in September 2008 and the ensuing recession. Over the year, the S&P 500 index rose 12.8% and the Dow Jones…
Venture ends year with more gains
Vancouver – The holiday-filled period between December 20 and 31 saw the S&P TSX Venture Exchange maintain its growth streak that defined the second half of 2010, climbing 153.52 points on eight days of straight gains to close the year…
Revised offers for Baffinland from both bidders
A takeover battle between Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its attractive Mary River project is heating up with revised offers from both companies in the…
TORONTO STOCK EXCHANGE DECEMBER 13-17
The TSX composite index came off a bit as the holiday season approached. The index fell roughly 160 points to finish at 13,201 for the Dec. 13-17 week.
U.S. MARKETS DECEMBER 13-17
U.S. markets felt the chill in the air during the week before Christmas. The Dow Jones industrial average edged up 81.59 points to finish at 11,491.91, while the S&P 500 rose 3.51 points to 1,243….
PRODUCER AND DEALER PRICES (January 03, 2011)
Antimony: Mid-mkt US$10,100/t.
DAILY METAL PRICES (January 03, 2011)
Date Dec. 20 Dec. 17 Dec. 16 Dec. 15 Dec. 14 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2240/2200 2220/2180 2220/2180 2260/2220 2280/22…
NORTH AMERICAN STOCK EXCHANGE INDICES (January 03, 2011)
52-week Date Dec. 20 Dec. 17 Dec. 16 Dec. 15 Dec. 14 High Low TSX Composite 13193.28 13201.46 13181.23 13229.07 13280.08 13367.60 10990.41 S&P/TSX-Ven Comp 2147.15 2134.33 2105.81 2100.94 2117.70…
LENDING RATES (January 03, 2011)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….