Macarthur’s $100M Payday Disappears
VANCOUVER –It seemed too good to be true and it was: Macarthur Minerals( MMS-V, MMSDF-O) fell 45% on news that a $100-million deal for its Lake Giles iron ore deposit in Western Australia fell throug…
VANCOUVER –It seemed too good to be true and it was: Macarthur Minerals( MMS-V, MMSDF-O) fell 45% on news that a $100-million deal for its Lake Giles iron ore deposit in Western Australia fell throug…
Rio Tinto’s (RTP-N, RIO-L) recent US$19-billion cash infusion from Chinese state-owned Aluminum Corp. of China (ACH-N) (Chinalco) hasn’t slowed the pace of the debt-laden major’s asset sales.
Note: Alcoa will pay $0.9375* on its $3.75* cmltv pr sh on Apr
Australia (A$) March 10 March 3 Change Bendigo Mining 0.21 0.21 0.00 Kingsgate Cons. 4.65 4.93 -0.28 Lion Selection Ltd 0.90 0.80 0.10 Newcrest Mining 30.75 31.53 -0.78…
as of 9 a. m. ET. March 10, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.50 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime 3…
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 9 Mar. 6 Mar. 5 Mar. 4 Mar. 3 US$ in C$ 1.3000 1.2863 1.2877 1.2765 1.2938 C$ in US$ 0.7692 0.7774 0.7766 0.7834 0.7729…
Featured Fund: BMO precious metals as of 12/31/08 (in weighted order): Kinross Gold, Allied Nevada Gold, Agnico-Eagle Mines, Goldcorp, Red Back Mining, San Gold, Quadra Mining, Franco-Nevada, Lihir Go…
Atlas Minerals (AMR. WT. A)– Wt buys sh @ $0.60 to Dec 31/09.
52-week Date Mar. 9 Mar. 6 Mar. 5 Mar. 4 Mar. 3 High Low S&P/TSX-Ven Comp 814.19 829.12 829.69 830.95 824.07 2735.30 678.62 TSX Composite…
Date Mar. 9 Mar. 6 Mar. 5 Mar. 4 Mar. 3 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1170/1200 1160/1190 1141/1175 1150/1170 1135/1170 A…
Antimony: Mid-mkt US$4,350/t.
COURTESY OF SCOTIABANK
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