Baffinland gets $274M takeover bid
VANCOUVER — Iron Ore Holdings’ (IOH-A) subsidiary Nunavut Iron Ore Acquisition has made an all-cash bid to acquire Baffinland Iron Mines (BIM-T) in a deal worth $274.3 million.
Articles by Northern Miner Staff
Bear vs. bull at Denver Forum
DENVER, COLO. — One wore a black cowboy hat and the other, a white one. This being the Denver Gold Forum, it was only fitting that Martin Murenbeeld, chief economist at Dundee Wealth and arguing the …
Minera rides high after settling with Hochschild
DENVER, COLORADO –It looks like Rob McEwen is at it again.
Centamin rejigs Sukari production, reserves
VANCOUVER — Several complications have forced Centamin Egypt (CEE-T, CEY-L) to revise the production estimate for its Sukari open-pit gold mine.
Iron ore miners look to Far North
Canada’s daunting, undeveloped Arctic iron ore deposits got a lot of attention in late September with two significant deals.
TSX VENTURE SHORT POSITIONS (October 04, 2010)
Short positions outstanding at Sept. 15/10 (with changes from Aug. 31/10).
DIVIDENDS (October 04, 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 $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
LENDING RATES (October 04, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
INTERNATIONAL QUOTES (October 04, 2010)
Australia (A$) 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 (October 04, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept 27 Sept 24 Sept 23 Sept 22 Sept 21 US$ in C$ 1.0260 1.0263 1.0310 1.0327 1.0315 C$ in US$ 0.9747 0.9744 0.9699 0.9683 0…
El Quevar results lift Golden Minerals
VANCOUVER — High-grade silver intercepts extending the Yaxtch deposit along strike in both directions are making Golden Minerals (AUM-T, AUMN-N) rethink its feasibility study plans — the company has…
Positive PEA at Angela Vein
VANCOUVER — A preliminary economic assessment (PEA) of the Angela Vein deposit, part of the Inmaculada gold-silver project in southern Peru, looks promising for joint-venture owners International Min…