Wealthy foes target Northern Dynasty
Vancouver — Wealthy opponents appear to be lining up against Northern Dynasty Minerals (NDM-V, NAK-X) as it works to develop a remote project in southern Alaska that ranks among the world’s largest c…
News
Canadian Gold Mutual Funds (January 22, 2007)
Fund name Jan 12($) Jan 8($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 25.94 25.20 0.74 2.9 -3.0 2.63 513 Altamira Pr & Str Mtl 12.48 12.24 0.24 2.0…
International Quotes (January 22, 2007)
Australia (A$) Jan 15 Jan. 8 Change Bendigo Mining 0.48 0.31 0.17 Centamin Egypt 0.81 0.80 0.01 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.17 0.17 0.00 Kingsgate Cons. 3.98…
Exchange Rates (January 22, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Lending Rates (January 22, 2007)
as of 4 pm ET, Jan. 15, 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 5.29…
Trigon shifts to uranium
Vancouver — Shareholders of the newly renamed Trigon Uranium (TEL-V, TELWF-O) have to be happy with its diversification from diamonds into uranium earlier this year, especially in light of surging pr…
Another anti-diamond film set to air
New Horizons
Hillsborough eyes new coal docks
Vancouver — Hillsborough Resources (HLB-T, HLSRF-O) is gearing up to boost coal exports from its Quinsam mine in British Columbia after quietly arranging to acquire additional port facilities on a pe…
TSX goes global with gold index (January 22, 2007)
To suit its beefed-up list that now includes non-Canadian gold companies, the S&P-TSX Capped Gold Index was renamed the Global Gold Index on Dec. 18.
Norilsk CEO freed from jail
Norilsk Nickel (NILSY-O, MNOD-L) CEO Mikhail Prokhorov was released by French police in early January after being held in jail for three days for his role in a suspected prostitution ring.
Avalon sends calcium feldspar sample to glass manufacturer (January 22, 2007)
Avalon Ventures (AVL-V, AVVTF-O) is hopeful that an agreement to deliver a 500-tonne bulk sample of calcium feldspar to a major North American glass manufacturer will lead to a long-term supply contra…
Arrow options properties in Atikokan
Canadian Arrow Mines (CRO-V) has signed options agreements to acquire four nickel-copper properties in northwestern Ontario’s Atikokan area.