Exchange Rates (June 11, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
News
Dividends (June 11, 2007)
Company Div. ($) Pay Date Record Date Arch Coal 0.07* June 15 June 1 Alcan 0.02* June 20 May 18 Newmont 0.10* June 29 June 8 Newmont Canada 0.1123 June…
Lending Rates (June 11, 2007)
as of 9 a.m. ET, June 5, 2007(%)
Buenaventura knocks out more hedges (June 11, 2007)
Minas Buenaventura (BVN-N) has bought out its 2009 gold hedging commitments, removing another 248,000 oz. from its hedge book.
Royalties feasibility study shows quick payback (June 11, 2007)
Development of the Raglan South nickel deposits in the Nunavik region of far northern Quebec is economic, and high nickel prices shrink the project’s payback period substantially, says a feasibility s…
Proposal to bring 400 Chinese miners to B.C. raises alarm
Vancouver — The Canadian arm of a Chinese coal mining company is proposing to bring in 400 Chinese workers to run a new underground mine in northeastern British Columbia. Privately held Canadian Dehu…
SXR Uranium One to buy Energy Metals (June 11, 2007)
Anxious to add U.S. uranium assets to its rapidly expanding, global uranium empire, SXR Uranium One (SXR-T, SXR-J) has tabled a $1.5-billion, all-share, friendly offer to buy Vancouver-based uranium j…
Resource tops Carpathian’s expectations
After 10 months of drilling, Carpathian Gold (CPN-T, CPNFF-O) has released an official resource for its Rovina copper-gold property in Romania.
Tyler posts new number for Bahuerachi (June 11, 2007)
Nine months’ drilling by Tyler Resources (TYS-V, TYRRF-O) has succeeded in increasing the resource estimate on the Bahuerachi copper project in Chihuahua state, Mexico, about three times over.
Northwestern and UraMin to join forces
Northwestern Mineral Ventures (NWT-V, NWTMF-O) and UraMin (UMN-T, UMN-L) are setting up a joint venture to explore eight prospective uranium concessions covering 6,773 sq. km in Niger.
Editorial: Loonie at 30-year high
The resurgent Canadian dollar pushed its way to the top of the newsmaker list during the week ended June 2, the twenty-second trading week of 2007.
WSR Gold up 47% on Guyanese intersections
Vancouver — High-grade gold intersects out of Peter’s mine in Guyana had WSR Gold (WSR-V, WSROF-O) trading up 47% recently, closing up 17 at 53 on almost 5 million shares traded.