News


FNX Mining's McCreedy West nickel-copper-platinum group metals mine, in Sudbury, Ont. In return for cash and shares, the company has agreed to sell its payable PGM production from this and two other projects to Gold Wheaton at a gold-equivalent price of US$400 per oz.

Gold Wheaton: Dream team, dream concept

When the team behind Gold Wheaton first approached David Cohen about the idea of mimicking the wildly successful business model of Silver Wheaton (SLW-T, SLW-N), the former chief executive of Northern…



Aura buys copper mine in Mexico

Aura Minerals (ORA-T, ORAUF-O) has spent $70 million in cash and shares for a producing copper mine in Mexico that has the potential to turn out 28,000 tonnes of copper concentrate per year.


Genco Resources' La Guitarra silver mine in Mexico. A shareholder activist is trying to unseat three of the company's directors, alleging they are overpaid and doing an inadequate job of managing La Guitarra.

Breaking up the board

Genco Resources’ (GGC-T, GNCC-O) largest shareholder and former director wants to overthrow three of seven company directors in a proxy vote on June 26, claiming that they are overpaid and putting the…




INTERNATIONAL QUOTES (June 23, 2008)

Australia (A$) June 17 June 10 Change Bendigo Mining 0.30 0.30 0.00 Centamin Egypt 1.24 1.28 -0.04 Kingsgate Cons. 5.50 5.38 0.12 Lion Selection Ltd 1.82 1.82 0.00 Ne…


EXCHANGE RATES (June 23, 2008)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 16 June 13 June 12 June 11 June 10 US$ in C$ 1.0211 1.0282 1.0232 1.0174 1.0243 C$ in US$ 0.9793 0.9726 0.9773 0.9829 0…


DIVIDENDS (June 23, 2008)

Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per share on $3.75* cmltv prf stk on July 1, rec June 13. Hecla Mining will pay $0.875* di…




By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close