Bravo Gold drills 45.5 metres of 2.1 grams per tonne
Assay results from the silver zone of Bravo Gold’s (BVG-V) 100%-owned Homestake Ridge project in northwestern British Columbia drove the junior’s share price up 13.33% to 17¢ today.
Articles by Northern Miner Staff
Nicaragua is king for Golden Reign
The old mines of Nicaragua’s San Albino and Murra district are getting a fresh look from Golden Reign Resources (GRR-V). The Vancouver-based company’s latest drill results show the area – which has hosted mines all the way back to when the…
German fertilizer major offers $434 million for Potash One
Vancouver – A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of BHP Billiton’s (BHP-N) US$39-billion takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N)…
TSX ends Nov. 15-19 week higher on easing concerns over Ireland’s debt
With investor mood dampened by concerns over China’ s tightening fiscal policy and Europe’s woes with Ireland and Iceland, the Toronto Stock market closed the Nov. 15-19 week higher, led by the financial sector. The TSX Composite index rose…
U.S. markets were fragile in the Nov. 15-19 trading week
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones Industrial Average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. Just four companies on…
Denison’s enticing Phoenix discovery
The Phoenix uranium discovery by Denison Mines (DML-T, DNN-A) is one of the most promising new uranium discoveries to come out of Saskatchewan’s Athabasca basin in the last 20 years. It joins a short …
Whistler starts to shine for Kiska Metals
VANCOUVER — News of promising drill intercepts, ownership certainty, and positive metallurgical results can each give a project upwards momentum, but Kiska Metals (KSK-V) is currently feeling the lif…
Newmont positioned for growth
With more than US$6.7 billion in available liquidity at its fingertips, Newmont Mining (NMC-T, NEM-N) is ready for its next significant development campaign on a pipeline of gold projects that include…
DIVIDENDS (November 22, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
LENDING RATES (November 22, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
EXCHANGE RATES (November 22, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 15 Nov 12 Nov 11 Nov 10 Nov 9 US$ in C$ 1.0065 1.0080 Holiday 1.0017 1.0013 C$ in US$ 0.9935 0.9921 Holiday 0.9983 0.998…
ArcelorMittal offers $433M for Baffinland
VANCOUVER — ArcelorMittal (MT-N) has bested an unsolicited private equity bid for Baffinland Iron Mines (BIM-T) by 38% and has secured the support of Baffinland’s board of directors.