DAILY METAL PRICES (January 17, 2011)
Date Jan. 10 Jan. 7 Jan. 6 Jan. 5 Jan. 4BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Al…
Volume 96 Number 48 Jan 17 - 23, 2011
Tahoe raises $352M for Escobal
Tahoe Resources (tho-t) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities.The private placement financing is just shy of 25 million…
Antofagasta helps Duluth Metals bid for Franconia
In a significant land consolidation move, Duluth Metals (dm-t) has agreed to buy Franconia Minerals (fra-t) for $77 million.A map of the two companies’ claims shows obvious synergies, with Franconia’s land package filling the holes between…
Galway raises $25M for Colombia
Galway Resources (gwy-v) has released several significant gold-silver hits from its California project in Colombia just as it announces a $25-million financing.The latest results come largely from the Pie de Gallo zone, a 300-metre-long…
Altius pairs with Cliffs
Well-respected for its project generation work in Newfoundland and Labrador, Altius Minerals (als-t) has entered into an exploration alliance with Cliffs Natural Resources (clf-n) covering ferro-alloy metals within specific areas of the…
Gold hits lift Rainy River, Northern Superior
Joint-venture partners Rainy River Resources (rr-v) and Northern Superior Resources (sup-v) have pulled a significant discovery hole from Target 3 at the TPK gold project in northern Ontario. Hole 4 hit 13.5 metres grading 25.87 grams…
Seafield posts more results from Colombia
Five days after shares of Seafield Resources (sff-v) soared 147% to 57¢ on drill results of 449 metres grading 1.29 grams gold per tonne at its Miraflores gold deposit in Risaralda, Colombia, the junior has moved its drills 3 km to the…
EXCHANGE RATES (January 17, 2011)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)Date Jan 10 Jan 7 Jan 6 Jan 5 Jan 4US$ in C$ 0.9925 …
INTERNATIONAL QUOTES (January 17, 2011)
Australia (A$) Aug 24 Aug 17 ChangeAquila Resources 8.3 8.69 -0.39Bendigo Mining 0.18 …
LENDING RATES (January 17, 2011)
as of 9 a.m. ET. Aug. 23, 2010 (%)Bank of Canada 1.00Target overnight rate 0.75Canadian Prime 2.75U.S. Discount Primary 0.75U.S. Fed Funds market…
DIVIDENDS (January 17, 2011)
DIVIDENDSCompany Div. Pay Record ($) Date DateMosaic 0.05 Aug 19 Aug…
TSX VENTURE SHORT POSITIONS (January 17, 2011)
Short positions outstanding at Dec. 31/10 (with changes from Dec. 15/10).Largest short positionsTournigan Energy TVC 4571600 2291600Great Western Minerals …