Vale sells assets to Norsk Hydro in $4.9 billion deal
Vale (VALE-N) rmay be locked in a 10-month labour dispute in Canada but it is making headway in Eur…
Articles by Northern Miner Staff
Silver Wheaton invests $20.7M in Ventana for rights to future silver production
Silver Wheaton (SLW-T, SLW-N) has agreed to buy $20.7 million worth of Ventana Gold (VEN-T) shares in a p…
Rubicon’s F2 gold system returns high-grade intercepts
More drilling at Rubicon Minerals’ (RMX-T, RBY-X) 100%-owned Phoenix project in the Red Lake gold district of …
RX revitalizes Drumlummon mine
SITE VISIT MARYSVILLE, MONT. — The gold dribbles off the shaker table as the various players behind RX Exploration (RXE-C, RXEXF-Q) look on with excitement. Crowding around the machine in…
Initial resource tally for Big Daddy chromite
The Big Daddy chromite deposit in the McFaulds Lake area of northern Ontario is living up to its name as one of the largest and highest grade deposits of its type in the world.
Oyu Tolgoi could be one of world’s biggest mines
An independent study of Oyu Tolgoi shows Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) to have one of the world’s largest copper and gold projects on its hands.
NORTH AMERICAN STOCK EXCHANGE INDICES (May 17, 2010)
52-week Date May 10 May 7 May 6 May 5 May 4 High Low S&P/TSX-Ven Comp 1590.76 1549.35 1562.68 1597.14 1622.41 1691.10 1027.29 TSX Composite 11947.90 11692.43 11842.43 11875.13 12030.86…
DIVIDENDS (May 17, 2010)
The board of directors has declared an eligible dividend of $0.10 per common share payable on June 15, 2010 to common shareholders of record as at May 31, 2010.
LENDING RATES (May 17, 2010)
as of 9 a.m. ET. May 4, 2010 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U.S. Discount Primary 0.50 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.25…
EXCHANGE RATES (May 17, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 10 May 7 May 6 May 5 May 4 US$ in C$ 1.0246 1.0431 1.0437 1.0266 1.0216 C$ in US$ 0.9760 0.9587 0.9581 0.9741 0.9789 EXC…
INTERNATIONAL QUOTES (May 17, 2010)
Australia (A$) May 4 Apr 27 Change Aquila Resources 9.76 10.6 -0.84 Bendigo Mining 0.26 0.26 0.00 Centennial Coal 4.11 4.52 -0.41 Fortescue Res 4.06 4.89 -0.83 Iluka …
Source posts maiden resource for San Acacio
Source Exploration’s (SOP-V) past-producing San Acacio deposit in central Mexico, just 5 km northeast of Capstone Mining’s (CS-T) Cozamin copper mine, has an indicated resource of 1.49 million tonnes …