News

Athabasca Potash Pairs Up With SNC-Lavalin At Burr

Montreal-based engineering and consulting firm SNC-Lavalin Group (SNC-T, SNCAF-O), has been contracted by Athabasca Potash (API-T, ABHPF-O) to provide prefeasibility study services for the company’s B…


Lending Rates (February 16, 2009)

as of 9 a. m. ET. Feb. 10, 2009 (%) Bank of Canada 1.25 Target overnight rate 1.00 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …





David Garofalo of Agnico-Eagle Mines (left) collects the award for best investor relations by a CFO from Michael Nowlan of Marketwire.

Agnico-Eagle, PotashCorp Scoop Up IR Awards

In a field dominated by the slicker sectors of the Canadian economy such as banking and hi-tech, the investor-relations efforts of a couple of mining companies came out on top at the IR Magazine Canad…


Record Year For US Mine Penalties

VANCOUVER — Fines for safety violations at American mines soared to an all-time high in 2008. Over the past three years, since former president George W. Bush signed a new mining code into law, the v…


U. S. Markets – FEB. 3-9

U. S. markets were buoyed during the five-day trading period ended Feb. 9, as the U. S. Senate reached a deal on a massive stimulus bill on Friday, Feb. 6. (It later approved the package in a vote of …


Toronto Stock Exchange – FEB. 3-9

The job picture on both sides of the Canada-U. S. border continued to deteriorate in January, with 598,000 U. S. jobs lost, and 129,000 fewer jobs in Canada. The unemployment rate stateside rose to 7….


Exchange Rates (February 16, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 US$ in C$ 1.2192 1.2389 1.2303 1.2266 1.2337 C$ in US$ 0.8202 0.8072 0.8128 0.8153 0.8106…


TSX Venture Exchange – FEB. 3-9

The S&P/TSX Venture composite index broke 900 points for only the third time since mid-November during the Feb. 3-9 trading period, closing the week up 28.28 points at 901.1. Daily trading volumes…


Dividends (February 16, 2009)

Note:Xstrata PLC subsidiary, Xstrata Canada is sending a notice of redemption for all outstanding Cmltv prf sh, series 3, redeemable Mar 1 for $25 each in cash, plus accruded and unpaid dividends. Alc…


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