News



Dividends (January 05, 2009)

Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Company Div. Pay Record ($) Date Date Endeavour Financial 0.03…



Lending Rates (January 05, 2009)

as of 9 a. m. ET. Dec. 23, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 0-0.25 U. S. Prime …



Exchange Rates (January 05, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 22 Dec. 19 Dec. 18 Dec. 17 Dec. 16 US$ in C$ 1.2188 1.2275 1.1965 1.2058 1.2239 C$ in US$ 0.8205 0.8147 0.8358 0.8293 0…


International Quotes (January 05, 2009)

Australia (A$) Dec 23 Dec 19 Change Bendigo Mining 0.15 0.16 -0.01 Kingsgate Cons. 3.09 2.80 0.29 Lion Selection Ltd 0.73 0.73 0.00 Newcrest Mining 32.40 33.50 -1.10 …


Working underground at Katanga Mining's Kamoto underground copper-cobalt mine, in the Democratic Republic of the Congo. The company, which does not have the funds to carry out a planned refurbishment and expansion of Kamoto or to continue operations beyond the short term, is floating a plan to drastically increase its authorized shares.

Distressed Katanga To Boost Authorized Shares To 5B

All the speculation over the state of Katanga Mining’s (KAT-T, KATFF-O) finances is at an end, with a stark announcement from the company that it needs more funding on an “urgent basis” to sustain its…





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