Federal gov’t deals TKO to Prosperity mine
VANCOUVER — The federal government has decided to block Taseko Mines (TKO-T, TGB-X) from developing an open-pit mine at its Prosperity copper-gold project in central British Columbia, citing “concern…
Volume 96 Number 39 - Nov 15 - 21, 2010
BHP’s bid for Potash Corp. blocked (November 15, 2010)
VANCOUVER — The Canadian government has rejected BHP Billiton’s (BHP-N) US$39-billion hostile takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N).
Western Copper doubles down on Casino
SITE VISIT CARMACKS, YUKON — Western Copper’s (WRN-T) Casino gold-copper- molybdenum deposit in the Yukon is huge. Standing atop the hill in its centre, the…
TSX SHORT POSITIONS (November 15, 2010)
Short positions outstanding at Oct. 15/10 (with changes from Sept. 30/10).
TSX VENTURE SHORT POSITIONS (November 15, 2010)
Short positions outstanding at Oct. 15/10 (with changes from Sept. 30/10).
DIVIDENDS (November 15, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
LENDING RATES (November 15, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
INTERNATIONAL QUOTES (November 15, 2010)
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …
EXCHANGE RATES (November 15, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 8 Nov 5 Nov 4 Nov 3 Nov 2 US$ in C$ 1.0022 1.0015 1.0024 1.0092 1.0099 C$ in US$ 0.9978 0.9985 0.9976 0.9909 0.9902 EXCH…
Avion posts Vindaloo resource
Avion Gold (AVR-V, AVGCF-O) has completed an initial resource estimate for the Vindaloo zone of its recently acquired Hounde gold property, about 250 km southwest of Burkina Faso’s capital, Ouagadougo…
Equinox turns to Saudi Arabia
Equinox Minerals (EQN-T, EQN-A) wants to cement its position as a leading independent pure-play copper producer and it believes its $1.25-billion friendly takeover offer of Citadel Resource Group (CGG…
Midland posts new assays for Ytterby REE project
A report in The New York Times that China is further restricting exports of rare earth elements (REE) starting from Oct. 19 plays into the hands of juniors exploring for the valuable minerals in Canad…