TSX VENTURE EXCHANGE -MARCH 16-22
The S&P/TSX Venture composite index lost ground four of five days over March 16-22 to end the week down 6.92 points at 1554.59. Daily trading volumes remained strong over the week, averaging 116 m…
Articles by Northern Miner Staff
U.S. MARKETS -MARCH 16-22
The Dow Jones industrial average edged up 99.91 points or 0.94% to finish the March 16-22 reporting period at 10,785.89, while the S&P 500 index advanced 6.36 points or 0.55% to 1,165.81. The Nasd…
LENDING RATES (March 29, 2010)
Metal lease rates from www.kitco.com
INTERNATIONAL QUOTES (March 29, 2010)
Australia (A$) Mar 23 Mar 09 Change Aquila Resources 10.65 10.7 -0.05 Bendigo Mining 0.24 0.24 0.00 Centennial Coal 4.13 3.93 0.20 Fortescue Res 4.79 4.84 -0.05 Iluka…
EXCHANGE RATES (March 29, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 22 Mar. 19 Mar. 18 Mar. 17 Mar. 16 US$ in C$ 1.0193 1.0155 1.0139 1.0113 1.0148 C$ in US$ 0.9811 0.9847 0.9863 0.9888 0…
Oilsands Quest turns to SAGD (March 29, 2010)
When Oilsands Quest (BQI-X) started drilling at its Axe Lake project in Saskatchewan in 2006, there was a much uncertainty in the industry about whether the oilsands of northern Alberta continued to the east.”A lot of people in the industry…
Technical Analysis Report: Oilsands plays
Despite the recent ill wishes from the World Wildlife Fund and Canadian actress Neve Campbell, the development of Alberta’s oilsands continues unabated.While a WWF report and a new documentary narrated by Campbell simultaneously unleashed…
BP returns to the oilsands
VANCOUVER — BP (BP-N, BP-L) has made a big swing back into Canada’s oilsands with two separate deals to develop properties in the Athabasca region.BP struck a deal with privately-held Value Creation to take a majority stake in the 740-sq.-km…
S. Pacific buys McKay remainder
Southern Pacific (STP-V) has signed a deal to increase its stake in the McKay oilsands project 45 km northwest of Fort McMurray, Alta., from 80% to 100%.Southern Pacific has agreed to pay $33 million for 59 sections of land from Bounty…
UTS: a rare breed on the oilsands (March 29, 2010)
UTS Energy (UTS-T) has established itself as a rarity amongst oilsands juniors.After warding off a hostile takeover bid from Paris-based oil giant Total (TOT-N) last year, the Calgary-based company now holds key positions in three significant…
SAGD projects graded on environmental impact
VANCOUVER — Oilsands companies in Alberta using in situ, steam-assisted gravity drainage (SAGD) extraction techniques on deposits too deep to mine will no doubt end up doing less environmental damage than comparable open-pit oilsands…
Pan American and Silver Wheaton team up
VANCOUVER — Two successful silver companies have joined forces to tackle the Navidad project in Argentina, one of the largest undeveloped silver deposits in the world. In what has now become a famili…