DIVIDENDS (November 17, 2008)
Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Xstrata Canada will $0.2863 div for pr sh series 3…
Articles by Northern Miner Staff
Pacific Comox’s vision for Ryan Lake (November 17, 2008)
SITE VISIT Matatchewan, Ont. — A big old pile of crushed ore sits outside the mill at Pacific Comox Resources’ (PCM-V, PAOCF-o) past-producing Ryan Lake copper-moly project. The pile has…
Nevsun arranges US$89M debt for Bisha (November 17, 2008)
Vancouver — The Industrial Development Corp. of South Africa (IDC) must have liked what it saw at Nevsun Resources’ (NSU-T, NSU-x) Bisha project when it visited the site in Eritrea this August. The I…
In pursuit of financing, Adanac retools Ruby Creek
Adanac Molybdenum (AUA-T, AUAYF-o) is looking into a new plan for its Ruby Creek moly project near Atlin, B. C., after figures from an updated feasibility study weren’t as promising as the originals.
It’s a long moly Storie for Columbia Yukon (November 17, 2008)
Vancouver — Stepout drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for Columbia Yukon Explorations (CYU-V, CYUXF-o).
PRODUCER AND DEALER PRICES (November 17, 2008)
Antimony: Mid-mkt US$6,216.66 /t.
Monument to build Selinsing
Vancouver — Monument Mining (MMY-V, MMTMF-o) is building a mine at its Selinsing gold project, about 100 km north of Kuala Lumpur, Malaysia.
Avanti puts US$424M price tag on Kitsault
Vancouver — To take a crack at reopening the Kitsault molybdenum mine, 140 km northwest of Prince Rupert, B. C., Avanti Mining (AVT-C, AVNMF-o) will have to shell out about US$424 million in capital …
DAILY METAL PRICES (November 17, 2008)
Date Nov. 10 Nov. 7 Nov. 6 Nov. 5 Nov. 4 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1445/1490 1400.50/1460 1375/1421 1440/1490 1412/14…
NORTH AMERICAN STOCK EXCHANGE INDICES (November 17, 2008)
52-week Date Nov. 10 Nov. 7 Nov. 6 Nov. 5 Nov. 4 High Low S&P/TSX-Ven Comp 914.02 921.88 920.13 951.42 975.27 3048.54 800.57 TSX Composite 9688.80 9596.21 9555.41 9887.20 1…
TSX SHORT POSITIONS (November 17, 2008)
Short positions outstanding at Oct. 31/08 (with changes from Oct. 15/08).
Potash One looks at solution mining in Saskatchewan
Vancouver — On the heels of an oversubscribed $10.4-million financing, Potash One (KCL-T, KCLOF-o) is starting prefeasibility work on the Legacy potash project in Saskatchewan, where it hopes to soon…