Exchange Rates (March 09, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 2 Feb. 27 Feb. 26 Feb. 25 Feb. 24 US$ in C$ 1.2890 1.2707 1.2456 1.2556 1.2470 C$ in US$ 0.7758 0.7870 0.8028 0.7694 0….
News
Canadian Gold Mutual Funds (March 09, 2009)
Featured Fund: BMO precious metals as of 12/31/08 (in weighted order): Kinross Gold, Allied Nevada Gold, Agnico-Eagle Mines, Goldcorp, Red Back Mining, San Gold, Quadra Mining, Franco-Nevada, Lihir Go…
Dividends (March 09, 2009)
Note: Alcoa will pay $0.9375* on its $3.75* cmltv pr sh on Apr 1, rec Mar 13. Vale will payu $0.4795 for all shares on Apr 30 and Oct 30. Yamana Gold will pay US$0.01* per share every quarter. Anglo A…
International Quotes (March 09, 2009)
Australia (A$) March 3 Feb 24 Change Bendigo Mining 0.21 0.22 -0.01 Kingsgate Cons. 4.93 4.87 0.06 Lion Selection Ltd 0.80 0.93 -0.13 Newcrest Mining 31.53 32.98 -1.45 …
Firstgold ready to pour at Relief Canyon
Vancouver – After spending two years and $16 million on a new processing facility for old ore, Firstgold (FGD-V) …
Copper Fox and Lions Gate Metals consider merger
Vancouver – Copper Fox Metals (CUU-V) and Lions Gate Metals (LGM-V) have signed a letter of intent to merge …
Much of Lamaque gold production will come from new zones
More than half of the gold mined from Century Mining’s (CMM-V) Lamaque underground gold mine near Val d’Or, Que., o…
Yemen seeks to gain its share of the mining spotlight
Exploration companies looking for the next big find have seldom thought to look in the Middle Eastern country of Ye…
Redcorp enters creditor protection as Tulsequah costs escalate
Vancouver – Redcorp Ventures (RDV-T) has filed for creditor protection, a few weeks after suspending development …
$96 million writedown strikes Quadra
Vancouver – Painful pricing adjustments and a hefty writedown have claimed another victim in Quadra Mining (QUA-T…
Excellon to buy Silver Eagle Mines
Excellon Resources (EXN-T) is putting plans to build a mill at its Platosa silver-lead-zinc mine in Durango state, …
Japanese state-owned company to finance Platinum Group Metals
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from …