Lending Rates (April 23, 2007)
as of 9 a.m. ET, Apr. 16, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
News
Equinox Studies Lumwana’s Uranium Potential
With mine construction well under way at its large, wholly owned Lumwana copper project in northwestern Zambia, Equinox Minerals (EQN-T, EQN-A) now has the time to revise a bankable feasibility study …
CanAlaska Closes Mitsubishi Deal
Vancouver — CanAlaska Uranium (CVV-V, CVVUF-O) has finalized its agreement with Mitsubishi Development to partner on exploration of the West McArthur uranium project in the southeastern Athabasca bas…
Thistle Creditors Hit Brakes
The controlling shareholders of Thistle Mining (THTLF-O, TMG-L), which are also the company’s major shareholders, have given notice to Thistle to pay up on debt due at the beginning of April.
Laramide Well Positioned in Uranium Boom
Drill results from Laramide Resources’ (LAM-T, LMRXF-O) La Jara Mesa uranium property, in New Mexico, provided another shot in the arm to the share price of the Toronto-based company at the end of Mar…
UrAsia Shareholders OK Uranium One Arrangement
Vancouver — Shareholders of UrAsia Energy (UUU-V, UAEYF-O, UUU-L) have overwhelmingly endorsed SXR Uranium One’s (SXR-T, SXR-J) friendly deal to acquire the company, with 99.89% of cast votes giving …
Diavik Worker Wins Award
The Arctic Energy Alliance, a not-for-profit organization that helps northerners reduce energy use through new initiatives, has awarded Nick Strus of Diavik Diamond Mines its 2006 Energy Efficiency Aw…
Azimut Employs JV Strategy at Quebec Properties
Montreal’s Azimut Exploration (AZM-V, AZMTF-O) has signed several letters of intent for $14.6 million worth of exploration over the next five years on its northern Quebec uranium properties.
Barrick offloads entire stake in NovaGold (April 20, 2007)
Vancouver – Making good on the planned sale of its 14.8% stake in NovaGold Resources (NG-T, NG-N), Barrick Gold (AB…
Editor’s picks: top stories of week 16
The trading week ended April 20 closed with the partial resolution of a long-standing conflict in the North America…
Sherritt to triple nickel production with Dynatec takeover
As nickel prices surge to new levels, Sherritt International (S-T) has agreed to buy Dynatec (DY-T), 40% owner of t…
Earnings: Energold, Impact Silver, Pitchstone
Earnings Summary from CNW Group. All figures in thousands except per-share figur…