Prophecy Resource makes headway in Mongolia
Prophecy Resource’s (PCY-V, PCYRF-O) Ulaan Ovoo coal project in Mongolia is expected to be in production this …
Articles by Northern Miner Staff
SouthGobi looks to reverse slide
Realigning an open-pit mine and large losses have dampened the recent market enthusiasm for SouthGobi Resources (SGQ-T) and its Ovoot Tolgoi coal project in Mongolia.
Argentinian porphyry attracts Peregrine Metals (May 31, 2010)
Peregrine Metals (PGM-T) is fast-tracking a preliminary economic assessment (PEA) on a solvent extraction-electrowinning (SX/EW) copper heap-leaching operation for its near-surface higher-grade copper…
Who will follow Australia’s lead on mining tax? (May 31, 2010)
The global mining team at UBS Investment Research is fingering Brazil, the Democratic Republic of the Congo (DRC) and Mongolia as “potential early adopters” of taxes similar to Australia’s proposed ne…
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 …
TSX SHORT POSITIONS (May 31, 2010)
Short positions outstanding at May 15/10 (with changes from Apr. 30/10).
TSX VENTURE SHORT POSITIONS (May 31, 2010)
Short positions outstanding at May 15/10 (with changes from Apr. 30/10).
DIVIDENDS (May 31, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20/10. Alcoa will pay a $0.75* div on it $3.75* cmltv pr stock on July 1, rec June 11. Franco-Nevada will start paying a semi-annual …
EXCHANGE RATES (May 31, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 24 May 21 May 20 May 19 May 18 US$ in C$ Holiday 1.0570 1.0659 1.0515 1.0330 C$ in US$ Holiday 0.9461 0.9382 0.9510 0.96…
INTERNATIONAL QUOTES (May 31, 2010)
Australia (A$) May 25 May 18 Change Aquila Resources 8.17 9.09 -0.92 Bendigo Mining 0.21 0.23 -0.02 Centennial Coal 3.58 4.12 -0.54 Fortescue Res 3.44 4.06 -0.62 Iluk…
Aurizon options Fayolle from Typhoon in Quebec
Gold producer Aurizon Mines (ARZ-T, AZK-X) is teaming up with Typhoon Exploration (TYP-V) in a joint-venture to explore Typhoon’s 100%-owned Fayolle gold project, 10 km north of Aurizon’s Joanna proje…
Riverstone releases first Nami results (May 31, 2010)
VANCOUVER — Riverstone Resources (RVS-V) had already defined four gold deposits at its Karma project in Burkina Faso and was starting to move those ounces towards production when local artisanal mine…