Exploration To Resume In Ecuador
Junior explorer Cornerstone Capital Resources (CGP-V, CTNXFO) says the government of Ecuador has confirmed that regulations to its new mining law will be approved on Nov. 4, after which exploration ca…
News
Mongolia’s Coal Sector Roars Back To Life
As many exasperated miners and investors had hoped, the early October signing of the long-delayed Oyu Tolgoi copper-gold development agreement between Ivanhoe Mines and the Mongolian government has le…
Commentary: Are There No Giant Deposits Left To Be Found?
The Northern Miner is published by Business Information Group, a division of Glacier Media Inc., a leading Canadian media company with interests in business-to-business information services. From time…
Geoscience Award Up For Grabs
The Prospectors and Developers Association of Canada and the Geological Association of Canada have issued an open call for applicants for the Mary-Claire Ward Geoscience Award.
Barrick Cuts 80 Jobs At Head Office
Barrick Gold (ABX-T, ABX-N) is laying off 80 people primarily from its head office in Toronto, the first major staff reduction after decades of growth.
People (November 02, 2009)
Athabasca Potash — Robert Boyd resigned as CEO.
International Royalty Takes Vale To Court Over Royalty Spat
International Royalty (IRC-T, ROY-X) and Altius Minerals (ALS-T, ATUSF-O) are taking Vale (VALE-N) to court over royalty payments they claim shortchanged them by more than US$26 million.
U.S. Markets – Oct. 20-26
Worries that the stock market rally has gotten ahead of itself in terms of valuations, sinking consumer confidence, and fears that regulatory officials will start to ease stimulus measures, sent U. S….
Toronto Stock Exchange – Oct. 20-26
Although many third-quarter earnings statements have beat expectations, the S&P/TSX composite index fell 2.6%, or 303.5 points, to 11,234.9 points over the Oct. 20-26 trading period as investors p…
TSX Venture Exchange – Oct. 20-26
After several strong months that lifted the S&P/TSX Venture composite index some 300 points since mid-July, the board faltered over the week of Oct. 20-26, losing 32.85 points to close at 1,305.95…
LME Warehouse Levels (November 02, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, October 27, 2009 (change from Oct. 20 in brackets):
Spot Prices (November 02, 2009)
COURTESY OF SCOTIABANK