LENDING RATES (December 13, 2010)
Metal lease rates from www.kitco.com
Articles by Northern Miner Staff
INTERNATIONAL QUOTES (December 13, 2010)
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …
EXCHANGE RATES (December 13, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec 6 Dec 3 Dec 2 Dec 1 Nov 30 US$ in C$ 1.0058 1.0060 1.0046 1.016 1.0264 C$ in US$ 0.9942 0.9940 0.9954 0.9843 0.9743 EXCH…
Rubicon makes a splash
Rubicon Minerals (RMX-T, RBY-X) closed $1.46 higher on Nov. 29 in Toronto at $6.06 per share, a gain of 31.7%, on news of a four-million-ounce inferred gold resource estimate at its Phoenix gold proje…
Barbados lures Canadian miners
BRIDGETOWN, BARBADOS — One trend to keep an eye on in the New Year is the increasing attractiveness of this Caribbean island for Canadian and other international mining companies wanting to establish holding companies and treasury functions to…
The third super-cycle is here, Standard Chartered says
The first super-cycle in modern times took place during the second half of the 19th century from 1870- 1913 and the second followed the Second World War until the early 1970s. Now the third super-cycle is upon us, Standard Chartered Bank argues…
US General Jones on resource development and national security
United States General James Logan Jones is one of America’s most prominent military figures and has fashioned himself as a leading authority on international affairs thanks to his extensive experience overseas.After a distinguished military…
Copper, coal good bets in super-cycle
Nearly five billion people will live in cities by 2030 compared with 3.4 billion today and the high urbanization rate over the next 20 years will drive demand for copper and coal, Standard Chartered Bank notes in a research report.About…
Corex rises high on Santana results from Mexico
Corex Gold (CGE-V) released its second stellar intercept in just over one week from its Santana gold project in Mexico’s Sonora state and furthered its market momentum in the process.
Zincore pulls high-grade at Accha
Vancouver – A 5,000-metre drill program has shown that the Accha deposit in Peru still has room to grow, as drills pull high grade intercepts from the north and east flanks of the zone for owner Zincore Metals (ZNC-V).
Northern Gold hits more shallow gold at Garrcon
Vancouver – Northern Gold Mining (NGM-T) has pulled a several long, low-grade and near surface gold intercepts from its Garrison gold property in Northeastern Ontario.
Energizer Resources adds to resource at Green Giant
As demand for vanadium increases with new battery technologies, London-based Objective Capital Research believes Energizer Resources (EGZ-V) and its Green Giant vanadium project in Madagascar is undervalued.