EXCHANGE RATES (April 12, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 5 Apr. 2 Apr. 1 Mar. 31 Mar. 30 US$ in C$ 1.0025 Holiday 1.0075 1.0955 1.0188 C$ in US$ 0.9975 Holiday 0.9926 0.9846 0….
Articles by Northern Miner Staff
INTERNATIONAL QUOTES (April 12, 2010)
Australia (A$) Apr 6 Mar 30 Change Aquila Resources 10.89 10.65 0.24 Bendigo Mining 0.23 0.23 0.00 Centennial Coal 4.37 4.13 0.24 Fortescue Res 5.04 4.96 0.08 Iluka R…
Ecometals stock price drop with poor drill results
VANCOUVER — The past nine months have been a bumpy ride for Ecometals (EC-V): its share price has gone from 10¢ up to $1.34 and then down to 35¢.
Hard Creek’s Turnagain pricey but profitable
VANCOUVER — Hard Creek Nickel (HNC-T) sizable Turnagain nickel-cobalt deposit in northwest British Columbia could support a large, open-pit mine producing 77 million lbs. nickel a year, according to …
African Gold pushes Kobada ahead at no extra cost
African Gold Group (AGG-V) has found a way to drive its Kobada project in Mali forward without having to spend extra cash.
$1-B lawsuit against TSX, Copper Mesa could last years
Copper Mesa Mining, two of its directors and the Toronto Stock Exchange have asked an Ontario Superior Court judge to dismiss a $1- billion human rights lawsuit filed by three people from the village …
Medoro, local union clash over Frontino
According to Medoro Resources (MRS-V) the battle for the rights to the Frontino gold mine in central Colombia is over.
Ivanhoe to develop gold producer in Central Asia
Robert Friedland, executive chairman of Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), is channeling his energy into developing a pure gold company in the former Soviet republic of Kazakhstan, and says he is in…
Farallon reports strong production, but still in red
VANCOUVER — Farallon Mining (FAN-T) made the shift to producer in 2009 but has not quite made the move to profitability.
Editorial: Grim time for US coal miners
As we go to press, the worst mining disaster in the U.S. or Canada in more than two decades has just occurred at Massey Energy’s Upper Big Branch underground metallurgical coal mine in Montcoal, W. Va…
Wardrop, its clients raise funds for Mining Matters
Sentimentality can run strong in the mining industry, where some mines can employ several generations of a family.
Gammon lawsuit to proceed
An Ontario court has certified an $80-million class-action lawsuit launched against Gammon Gold (GAM-T, GRS-N) and three financial institutions, but has ruled out certain parties’ from the class actio…