2008



Lending Rates (December 29, 2008)

as of 9 a. m. ET. Dec. 19, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 0-0.25 U. S. Prime …


Dividends (December 29, 2008)

Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Company Div. Pay Record ($)…


Nautilus Delays Seafloor Mine Development

The turmoil in the world markets has prompted Nautilus Minerals (NUS-T, NUS-l) to delay construction of the mining system for its Solwara 1 seafloor copper-gold-zinc-silver massive sulphide deposit, o…


Toronto Stock Exchange – DEC. 16-18

The Dec. 16-18 trading session may have been short, but it was full of surprises. A technical glitch linked to data feeds closed the TSX all day on Wed. Dec. 17 — the same day the Organization of the…



International Quotes (December 29, 2008)

Australia (A$) Dec 19 Dec 16 Change Bendigo Mining 0.16 0.17 -0.01 Kingsgate Cons. 2.80 2.85 -0.05 Lion Selection Ltd 0.73 0.67 0.06 Newcrest Mining 33.50 29.00 4.50 …


OMA Makes Suggestions For Provincial Budget

— The following is the first part of an open letter to The Honourable Dwight Duncan, Ontario’s Minister of Finance, from Chris Hodgson, president of the Ontario Mining Association outlining the OMA’s…



Exchange Rates (December 29, 2008)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 US$ in C$ 1.2352 1.2452 1.2183 1.2557 1.2603 C$ in US$ 0.8096 0.8031 0.8208 0.7964 0….


U. S. Markets – DEC. 16-18

U. S. equity markets were up during the shortened Dec.16-18 trading session. The Dow Jones Industrial Average gained 40 points, or 0.5%, to 8,605; the S&P 500 index added 17 points, or 1.9%, to 88…


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