Kinross Takes Writedown, Boosts Gold Production
Score it another writedown for the big boys.
News
SRM And Palmiere Go Head To Head
The week leading up to the Prospectors and Developers Association of Canada, the eighth trading week of the year, continued to see fallout from HudBay Minerals’ failed takeover of Lundin Mining,
More Pain To Come In Exploration Sector: Fraser Institute Survey
— The following is an edited version of the executive summary and related press release for the Fraser Institute’s influential Survey of Mining Companies 2008/2009.
U. S. Stimulus Package To Fund Mine Reclamation
U. S. President Barack Obama’s nearly US$800-billion stimulus package includes US$125 million earmarked for the remediation of abandoned mines, according to the Northwest Mining Association.
NovaGold, HudBay Headline PDAC Award Winners
The Prospectors and Developers Association of Canada presented seven awards at a ceremony at the Fairmont Royal York Hotel during the association’s 77th annual convention in Toronto.
Canadian Gold Mutual Funds (March 09, 2009)
Featured Fund: BMO precious metals as of 12/31/08 (in weighted order): Kinross Gold, Allied Nevada Gold, Agnico-Eagle Mines, Goldcorp, Red Back Mining, San Gold, Quadra Mining, Franco-Nevada, Lihir Go…
Dividends (March 09, 2009)
Note: Alcoa will pay $0.9375* on its $3.75* cmltv pr sh on Apr 1, rec Mar 13. Vale will payu $0.4795 for all shares on Apr 30 and Oct 30. Yamana Gold will pay US$0.01* per share every quarter. Anglo A…
International Quotes (March 09, 2009)
Australia (A$) March 3 Feb 24 Change Bendigo Mining 0.21 0.22 -0.01 Kingsgate Cons. 4.93 4.87 0.06 Lion Selection Ltd 0.80 0.93 -0.13 Newcrest Mining 31.53 32.98 -1.45 …
People (March 09, 2009)
Andina Minerals– Keith McKay appointed executive VP; Alejandro Labbe appointed VP of project development.
U. S. Markets – Feb. 24 -Mar. 2
U. S. markets were down during the Feb. 24-Mar. 2 trading period. The catalyst for the sell-off was a staggering quarterly loss of US$62 billion, the highest in corporate history, at troubled insurer …
Toronto Stock Exchange – Feb. 24 -Mar. 2
There was a mixture of good and bad news over the Feb. 24-March 2 trading period, making for a 40-point gain on the S&P/TSX composite index to 7,687.51 points. Profits from Canada’s banking sector…
TSX Venture Exchange – Feb. 24 -Mar. 2
The Feb. 24-Mar. 2 reporting period on the S&P/TSX Venture composite index began and ended poorly. The first and last days of the period saw the heaviest losses, 25.35 and 33.42 points, respective…