News


Iamgold Boosts Q2 Profits 33%

While Iamgold (IMG-T, IAG-N) is down a mine this year with the closure and sale of its Sleeping Giant mine in Quebec at the end of 2008, production remained relatively steady in its second quarter — …


Noront To Raise $20M In Equity Financing

The “Ring of Fire” multi-metals district in the James Bay lowlands of northern Ontario is getting hotter for shareholders of Noront Resources (NOT-V, NOSOF-O), who have watched their shares surge 287%…



Signs Of Life In Base Metals

There was yet another sign in Western Canada of a recovery in base metals markets during the 31st trading week of the year.


People (August 17, 2009)

Apoquindo Minerals — Bruce Turner appointed president and CEO; Alvaro Fernandez Baca appointed GM for Peruvian subsidiary Minera KoriTambo; Cesar Lopez appointed VP of legal, business development and…




Dividends (August 17, 2009)

Note:Vale will pay $0.4795 for common and preferred class A shares on Oct 30. Russia’s Norilsk Nickel plans to pay a dividend of more than 25% its net profit for the first half of 2009. Alcoa will pay…


Lending Rates (August 17, 2009)

as of 9 a. m. ET. Aug 11, 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 (August 17, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 10 Aug. 7 Aug. 6 Aug. 5 Aug. 4 US$ in C$ 1.0848 1.0837 1.0759 1.0720 1.0686 C$ in US$ 0.9218 0.9228 0.9295 0.9328 0.935…


International Quotes (August 17, 2009)

Australia (A$) Aug 11 Aug 4 Change Aquila Resources 6.83 6.21 0.62 Bendigo Mining 0.24 0.24 0.00 Centennial Coal 3.21 3.04 0.17 Fortescue Res 4.21 4.29 -0.08 Iluka Re…


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