US markets bounce back over July 5-9
Markets in the United States recovered somewhat during the July 5-9 trading period amidst positive news about …
Articles by Northern Miner Staff
Agnico opens Meadowbank
MEADOWBANK, NUNAVUT — Once all the speakers presented at Agnico-Eagle Mine’s (AEM-T, AEM-N) Meadowbank gold mine opening ceremony, attendee Rick Olsen, a contractor based out of nearby Baker Lake, leaned over and said “People don’t realize…
Cliffs gets control of Big Daddy (July 12, 2010)
Spider Resources (SPQ-V) has called off its merger with KWG Resources (KWG-V), leaving it free to be swallowed by Cliffs Natural Resources (CLF-N). It ends the battle for control of the high-grade Big…
Fjordland, Cariboo shift Woodjam
HORSEFLY, B.C. — There is little for a geologist to see while driving along the dirt roads outside the town of Horsefly. The logging roads that crisscross the forests are mostly punctuated with cattle fields and clear cuts, not rock…
Coeur d’Alene starts Kensington gold mine, strikes concentrate deal
Silver and gold producer Coeur d’Alene Mines (CDM-T, CDE-N, CXC-A) has opened its third precious metals mine in as many years.
Paramount to get X-Cal, drops Klondex lawsuit
VANCOUVER — Paramount Gold and Silver (PZG-T, PZG-N) has agreed to acquire X-Cal Resources (XCL-T) just as the company settles a lawsuit surrounding the failed acquisition of Klondex Mines (KDX-T).
More rare gems at Shore Gold’s Star
It’s not every day that parallels are drawn between the vast plains of central Saskatchewan and the Kingdom of Lesotho, a mountainous, landlocked country in southern Africa. But Shore Gold (SGF-T) say…
Aussie gov’t retreats, waters down RSPT
The past few days have lived up the old adage that a week is a lifetime in politics.
Taseko falls 20% on Prosperity’s environmental review
VANCOUVER — The language in the federal review panel’s environmental assessment on Taseko Mines’ (TKO-T, TGB-N) Prosperity gold-copper project in British Columbia was harsh, and the market reaction e…
TORONTO STOCK EXCHANGE -June 28-July 2
Investors fearing a so-called double-dip recession were given more reason to worry over the June 28-July 2 trading period as the TSX composite index plunged 4.4%, or 511.79 points, to 11,196.06.
TSX VENTURE EXCHANGE -June 28-July 2
Canada’s birthday celebrations did little to lift the dark cloud hanging over the S&P/TSX Venture composite index over the June 28-July 2 trading period: the board lingered in positive territory f…
EXCHANGE RATES (July 12, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 5 July 2 July 1 June 30 June 29 US$ in C$ 1.0660 1.0649 Bank Holiday 1.0606 1.0529 C$ in US$ 0.9381 0.9391 Bank Holiday 0…