Temporary Shutdowns Planned For Diavik
To deal with a global drop in diamond demand, Rio Tinto (RTP-N, RIO-L) is planning two shutdowns at the Diavik mine in the Northwest Territories in the coming months, as well as further delays to the …
News
U. S. Markets – March 31-April 6
U. S. equity markets rallied during the Mar. 31-Apr. 6 reporting period, with the Dow-Jones Industrial Average up 454 points, or 6%, to 7,976, the S&P 500 index adding 48 points, or 6.1%, to 835, …
Forsys Takeover Deal May Be On The Ropes
It’s been a wild ride for Forsys Metals (FSY-T, FOSYF-O) shareholders since George Forrest International Afrique (GFI) said it would need more time to pay up for the company and its Valencia uranium d…
TSX Short Positions (April 13, 2009)
Short positions outstanding at Mar. 31/09 (with changes from Mar. 15/09).
Exchange Rates (April 13, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 6 Apr. 3 Apr. 2 Apr. 1 Mar. 31 US$ in C$ 1.2429 1.2337 1.2384 1.2643 1.2602 C$ in US$ 0.8046 0.8106 0.8075 0.7910 0.793…
Energy Fuels, Magnum Uranium To Merge
Energy Fuels Resources (EFR-T, EFRFF-O) is a Toronto-based uranium and vanadium development company that rehabilitates formerly producing mines. It also plans to be the first company in more than 25 y…
Rusoro denied appeal in blocked takeover of Gold Reserve
Vancouver – Gold Reserve (GRZ-T, GRZ-X) won another fight in its battle against Rusoro Mining (RML-V, RMLFF-O) th…
Equinox into production in Zambia
Vancouver – After several years of hard work, Equinox Minerals (EQN-T) is into production at its massive Lumwana …
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) decision to merge its remaini…
Centamin gets big boost in reserves
Centamin Egypt (CEE-T, CNT-A, CEY-L) has taken in some bullish news as it drives towards production at its Sukari G…
JP Morgan: Price of coking coal cut in half
Vancouver – It’s that time of the year again – the time when companies settle coal contracts.
Trevali forging ahead at Santander
Vancouver – The Santander zinc-lead-silver project, 200 km northeast of Lima, Peru, is coming together quickly fo…