Suppliers News (August 20, 2006)
Finning continues hot streak with strong quarter…
Articles by Northern Miner Staff
Court backs Shahuindo arbitration
The Civil Court of Lima has issued an injunction ordering Minera Algamarca and Exploraciones Algamarca to return the Shahuindo silver-gold mining concession in Peru to Sulliden Resources (SUE-T, EXSDF…
Golden era unfolding
With second-quarter results rolling in from the big gold miners, we’re seeing a refreshing and long-anticipated new trend: companies large and small are once again making money mining gold….
TVI reaps gains at Canatuan
The road to production has not been easy for TVI Pacific (TVI-T, TVIPF-O), which began production at its most advanced asset, the Canatuan mine in the Philippines, in mid-2004. Opposition from environ…
Plot thickens in battle for Inco
Brazilian iron ore giant Companhia Vale do Rio Doce (CVRD) (RIO-N) has turned up the heat in the battle for control of Inco (N-T, N-N) with an all-cash bid of $86.00 per share….
Nunavut’s Pelly Bay area shows diamond potential
A new kimberlite camp is emerging in the Canadian Arctic as Indicator Minerals (IME-V) has discovered several large, pipe-like kimberlite bodies during a summer drilling campaign on the Darby project…
Alcan to invest US$1.8B in Kitimat
A proposal by Alcan (AL-T, AL-N) to invest US$1.8 billion on a modernization program at its aluminum smelter in Kitimat, B.C., is getting a cool reception from community leaders who believe the compan…
Falco concedes
A year-long quest is finally coming to an end for Xstrata (XSRAF-O, XTA-L, with Falconbridge’s (FAL-T, FAL-N) board of directors effectively handing over the reins of the iconic Canadian mining compan…
Dividends (August 20, 2006)
| Company | Div. | Pay | Record | |||||||||||||||||||
| ($) | Date | Date | ||||||||||||||||||||
| Mesabi Trust | 0.40* | Aug 20 | Jul 30 |
| as of 4 pm ET, Aug. 15, 2006 | (%) | |||||||||||
| Bank of Canada | 4.50 | |||||||||||
| Target overnight rate | 4.25 | |||||||||||
| Canadian Prime | 6.00
International Quotes (August 20, 2006)
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