Nautilus Hones Undersea Plans
VANCOUVER — Construction of its novel deep-sea mining equipment has been on hold since December, but Nautilus Minerals is seeing opportunity rather than disappointment in its delay: the company has s…
News
Teck Sells 33% Of Waneta Dam For $825M
VANCOUVER — In its latest debt-reduction move, Teck (TCK. B-T, TCK-N) is selling a 33% stake in its Waneta hydroelectric dam in southeastern British Columbia to BC Hydro for $825 million.
TSX Venture Short Positions (June 29, 2009)
Short positions outstanding at June 15/09 (with changes from May 31/09).
Iamgold To Expand Niobec
Iamgold’s (IMG-T, IAG-N) board has given the green light to a major expansion of the company’s wholly owned Niobec underground niobium mine, situated just north of Chicoutimi in Quebec’s Lac St. Jean …
TSX Short Positions (June 29, 2009)
Short positions outstanding at June 15/09 (with changes from May 31/09).
Canadian Gold Mutual Funds (June 29, 2009)
*as of Mar. 31/09
Dividends (June 29, 2009)
Note:Vale will pay $0.4795 for common and preferred class A shares on Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diamond have al…
Lending Rates (June 29, 2009)
as of 9 a. m. ET. June 23, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Exchange Rates (June 29, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 22 June 19 June 18 June 17 June 16 US$ in C$ 1.1547 1.1287 1.1273 1.1371 1.1327 C$ in US$ 0.8660 0.8860 0.8871 0.8794 0…
International Quotes (June 29, 2009)
Australia (A$) June 23 June 16 Change Aquila Resources 5.25 5.28 -0.03 Bendigo Mining 0.24 0.26 -0.02 Centennial Coal 2.29 2.70 -0.41 Fortescue Res 3.67 3.66 0.01 Ilu…
BHP Delays Chilean Expansion Projects
The global recession has prompted BHP Billiton (BHP-N, BLT-L) to continue to delay a slate of expansion projects in Chile, the biggest among them an expansion of the world’s largest copper mine, Escon…
Americas Petrogas Eyes Potash
Branching out from its key oil and gas concessions in Argentina’s prolific Neuquen basin, Calgary-based oil and gas junior Americas Petrogas (BOE-V, APEOF-O) is taking on a new potash project along Pe…