Venture board climbs on heavy volume
Vancouver – For the S&P-TSX Venture Composite Index, the four-day week following Thanksgiving was marked b…
Articles by Northern Miner Staff
Medoro even in trading with latest Marmato drill results
With the objective of expanding and upgrading the multi-million-ounce gold resource at the Marmato project in …
U.S. equities survive Oct. 11-15 week
U.S. equity markets were largely unruffled during the Oct. 11-15 trading week with the Dow Jones Industrial Av…
HudBay bids for Norsemont (October 18, 2010)
HudBay Minerals (hbm-t, hbm-n) is looking to venture farther south than it ever has before to acquire its next project. The company has made a friendly $520-million pitch to Norsemont Mining’s (nom-t) shareholders in the hope of nabbing…
TORONTO STOCK EXCHANGE -October 4-8
The TSX composite index continued to beef up thanks in large part to its strong ties with the commodities sector. For the Oct. 4-8 period, the index gained 160 points to finish up at 12,535.59.
DIVIDENDS (October 18, 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 $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
LENDING RATES (October 18, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
EXCHANGE RATES (October 18, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct 11 Oct 8 Oct 7 Oct 6 Oct 5 US$ in C$ Holiday 1.0136 1.0166 1.0073 1.0168 C$ in US$ Holiday 0.9866 0.9837 0.9928 0.9835 E…
Avalon raises $40M for Nechalacho
VANCOUVER — Canada’s most advanced rare earth element project now has enough funding to move through a feasibility study and beyond, as Avalon Rare Metals (AVL-T) secured almost $40 million through a financing and the exercise of warrants.In…
Lithium’s future supply, demand
SAN DIEGO, CALIF. — With lithium generating so much interest this year, it’s a great time for an overview of the world’s leading lithium deposits and the various plans to mine them.First off, the global lithium market has two major segments:…
Quebec Lithium lifts Canada Lithium shares (October 18, 2010)
Canada Lithium (CLQ-T, CLQMF-O) is gearing up to put its flagship Quebec Lithium project into production by late 2012.The company recently completed pilot-scale tests at the past-producing deposit near Val d’Or, Que., and reported that the…
North Arrow lays claim on NC’s lithium
With the brines of South America and the pegmatites of Quebec grabbing most of the lithium mining attention these days, the world’s former number one producing area can be forgiven for feeling a bit unloved.North Carolina’s tin-spodumene belt…