North American Stock Exchange Indices (May 11, 2009)
52-week Date May 4 May 1 Apr. 30 Apr. 29 Apr. 28 High Low S&P/TSX-Ven Comp 1027.19 1010.17 1008.98 1031.97 993.10 2735.30 678.62 TSX Composite 9870.37 9496.96 9324.83 9416.31…
News
Freeport’s Q1 Revenue Cut In Half
Overall production was up and gold revenues from its Grasberg copper- gold mine in Indonesia completely offset production costs, but Freeport-McMoRan Copper & Gold (FCX-N) still posted a significa…
TSX Venture Short Positions (May 11, 2009)
Short positions outstanding at Apr. 30/09 (with changes from Apr. 15/09). Largest short positions Romarco Minerals R 1550000 48500 San Gold SGR 1328400 453800 Alturas Minerals ALT …
Dividends (May 11, 2009)
Company Div. Pay Record ($) Date Date Noranda Income Fund 0.04 Apr 25 Mar. 31 Wesdome Gold Mines 0.02 Apr 30 Apr 20 Potash Corp of Sask 0.10* May 7 Apr 9 Goldcorp 0.015* …
Marcona Returns Solid Numbers For Chariot
After a long wait, Chariot Resources( CHD-T, CHDSF-O) has finally released a feasibility study on its Mina Justa copper project, located on its Marcona property in Peru, and the results are solid.
Goldcliff Hits Shallow Gold In Southern BC
VANCOUVER — Drills probing beneath the Bonanza trench at the Panorama Ridge property in southern British Columbia have returned some significant near-surface gold intercepts for Goldcliff Resource (G…
Spring Cleaning Polar Star’s Boardroom
Leading a proxy battle is no easy task, says Polar Star Mining (PSR-V, POSRF-O) president and CEO Douglas Willock, who just got his old job back after launching and winning a proxy battle that led to …
TSX Short Positions (May 11, 2009)
Short positions outstanding at Apr. 30/09 (with changes from Apr. 15/09). Largest short positions Teck Resources TCK. B 30907028 -1130592 New Gold NGD 18332450 2929019 Eldorado Gold …
Hathor’s Roughrider Getting Bigger
VANCOUVER — The Roughrider uranium discovery in northern Saskatchewan keeps throwing out high-grade uranium intercepts for majority owner Hathor Exploration (HAT-V, HTHXF-O).
Lending Rates (May 11, 2009)
as of 9 a. m. ET. May 5, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Aboriginals Want The Option To Say ‘No’
Although the government of Ontario’s proposed new Mining Act has been well-received so far by the mining industry, there is still a great distance between what some stakeholders want and what they wil…
Timminco Merges Magnesium Assets With China’s Winca
If you can’t beat them — join them. That was the rationale behind Timminco’s (TIM-T, TIMNF-O) decision to merge its remaining magnesium extrusion assets with a private Chinese enterprise called Winca…