News


Lending Rates (September 18, 2006)

as of 4 pm ET, Sept. 11, 2006 (%)
Bank of Canada 4.50
Target overnight rate 4.25
Canadian Prime 6.00


Blue Pearl aims for moly’s top drawer

Vancouver — A US$575-million takeover of a privately held molybdenum producer is expected to transform Blue Pearl Mining (BLE-T, BLEFF-O) from a single-project development company into the world’s la…


Vivian Danielson

Imperial Metals bids for bcMetals

Vancouver — A proposed takeover bid for bcMetals (C-V, BMTLF-O) could catapult Imperial Metals (III-T, IPMLF-O) into a much larger gold and copper producer, assuming the company completes the acquisi…


LionOre taking its share (September 18, 2006)

With the price of nickel surging in recent weeks and traditional titans Inco (N-T, N-N), and Falconbridge (FAL-T, FAL-N) fading away, LionOre Mining International (LIM-T, LMGGF-O, LOR-L) is establishi…


Gold Fields bids for WA, expanding Driefontein, Kloof

Coincident with its deal to acquire Barrick Gold’s (ABX-T, ABX-N) half stake in the South Deep gold mine in South Africa, which is co-owned by Western Areas (WARJF-O, WAR-J), Gold Fields (gfi-n) is bo…


IMF gets bearish on metals

The International Monetary Fund made headlines in the world’s financial press earlier this month with a remarkably bearish take on the future of metals prices….





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