International Quotes (October 01, 2007)
Australia (A$) Sept 24 Sept 17 Change Bendigo Mining 0.31 0.32 -0.01 Centamin Egypt 1.32 1.18 0.14 Emperor Mines 0.07 0.07 0.00 Kingsgate Cons. 5.25 5.33 -0.08 Lion Selection Ltd…
Articles by Northern Miner Staff
U.S. Markets Sept. 18-24
United States equity markets got their wish on Sept. 18, when the Federal Reserve Bank cut its interest rate by half a point, to 4.75%. Stocks, which had already been going up in anticipation of a rat…
LME Warehouse Levels (October 01, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 24, 2007 (change from Sept. 17 in brackets):
Spot Prices Courtesy of Scotiabank Tuesday, Sept. 25, 2007
Precious Metals Price (US$/oz.) Change Gold $727.70 +10.00 Silver $13.28 +0.32 Platinum $1336.00 +37.00 Palladium $340.00 +9.50 Base Metals Price (US$/lb.) Change Nickel $14.81 +1.57 Lead $1.60 +0.16 Copper $3.66…
Sweetened Bid Sways Meridian
Denver, Colo. — Following a third boost to its takeover bid for Meridian Gold (MNG-T, MDG-N), Yamana Gold (YRI-T, AUY-N, YAU-L) has finally won the backing of Meridian’s board, turning a hostile bid …
Exchange Rates (October 01, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (October 01, 2007)
Company Div.($) Pay Date Record Date Xstrata 0.40625 Oct 1 Sept 14 Fording Coal 0.60 Oct 15 Sept 28 Hecla Mining 0.875* Oct 1 Sept 14 Yamana 0.01 Oct 12…
Lending Rates (October 01, 2007)
as of 9 a.m. ET, September 25, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.50 Canadian Prime 6.25 U.S. Discount Primary 6.00 U.S. Fed Funds market rate 5.00…
BID-ASK — Sept. 18-24, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.315 0.41 0.35 0.55 0.265 Allyn Res V 0.05 0.06 0.05 0.105 0.05 Andean Am Mng V 0.67 0.71…
Banro’s Twangiza North Extension Shapes Up
Vancouver — A northern extension of the Twangiza deposit is returning strong gold grades for Banro Resources (BAA-T, BAA-X) as the company moves the project through a prefeasibility study in the Demo…
TTM Drills Wide Moly at Chu
Vancouver — Second-phase drilling by TTM Resources (TTQ-V, TTMRF-O) at its Chu molybdenum project, in central British Columbia, has returned a wide interval of strong moly mineralization.
New Offer Turns Consmin Board
Leaks from bidder Privat Group that the group’s subsidiary Palmary Enterprises would increase its bid for Consolidated Minerals (CSMBF-O, CNM-L, CSM-A) have proved to be true, and the Consmin board ha…