Industry donates $11M to BC Museum of Mining
VANCOUVER –The mining industry in British Columbia is constantly fighting an image battle, trying to convince the wider public that the industry’s environmental practices have improved dramatically i…
Articles by Northern Miner Staff
Platinum Partners looking for buyer for bankrupted Firstgold’s assets (May 31, 2010)
When U.S. President Barack Obama’s administration threatened to block the sale of 51% of Firstgold Corp. (FGD-T, FGOC-O) to China’s state-owned Northwest Nonferrous International Investment Company la…
PEOPLE (May 31, 2010)
Abacus Mining & Exploration — James Excell appointed a director.
TORONTO STOCK EXCHANGE -May 18-21
Continued worries over the euro zone banking sector combined with rising tensions on the Korean peninsula had a negative impact on the TSX composite index as it fell nearly 500 points to finish the ho…
TSX VENTURE EXCHANGE -May 18-21
The S&P/TSX Venture composite index fell again during the shortened May 18 to 21 trading period, losing 132.87 points in three days before recovering with a 31.58-point gain on the last day to clo…
U.S. MARKETS -May 18-24
Investors bailed out of the markets as worries escalated about Europe’s evolving debt crisis and tensions rose between North and South Korea. The Bank of Spain’s move over the weekend to seize regiona…
SPOT PRICES (May 31, 2010)
COURTE SY OF SCOTIABANK
LME WAREHOUSE LEVELS (May 31, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 25, 2010 (change from May 18 in brackets):
PRODUCER AND DEALER PRICES (May 31, 2010)
Antimony: Mid-mkt US$9,366.66/t.
DAILY METAL PRICES (May 31, 2010)
Date May 24 May 21 May 20 May 19 May 18 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 1887/1910 1861/1900 1835/1860 1870/1890 1836/1860 Al…
CANADIAN GOLD MUTUAL FUNDS (May 31, 2010)
Featured Fund: AGF Precious Metals (US$) as of 08/31/09 (in weighted order): Goldcorp, Kinross Gold, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, Inmet Mining, Eldorado Gold, Randgold, Osisko …
Copper Mountain closes $34.5M financing
Copper Mountain Mining (CUM-T) has raised $34.5 million that it will use to pay its 75% share of working capital for its copper porphyry project in southeastern B.C.