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…
News
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 $25 each in cash, plus accruded and unpaid dividends. Alc…
Fortuna Silver Production On The Rise
After increasing silver production by 85% in 2008, Fortuna Silver Mines (FVI-V, FVITF-O) is planning to keep the trend going with an 80% rise this year.
Daily Metal Prices (February 16, 2009)
Date Feb. 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1085/1120 1099/1130 1071/1110 1060/1100 1045/1076 A…
North American Stock Exchange Indices (February 16, 2009)
52-week Date Feb 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 High Low S&P/TSX-Ven Comp 901.10 909.34 898.22 890.05 869.25 2814.88 678.62 TSX Composite 9047.28 9008.02 8860.98 8693.09 862…
Federal Court Rules For Barrick In Cortez Hills Case
A U. S. judge has ruled against a preliminary injunction that would have halted construction at Barrick Gold’s (ABX-T, ABX-N) Cortez Hills gold project in eastern Nevada, disappointing groups who oppo…
TSX Venture Short Positions (February 16, 2009)
Short positions outstanding at Jan. 31/09 (with changes from Jan. 15/09).
Century Mining Digs Up $66M Financing
Century Mining (CMM-V, CMNZF-O) has joined a growing group of mining companies trying to weather the financial storm through alternative financing solutions.
Bidding War Erupts For Frontera Copper
A bidding war is emerging for Frontera Copper (FCC-T, FRCPF-O) that is pitting the Invecture Group against Southern Copper Corp. (PCU-N).
Sacked CEO Fights To Replace Polar Star Board
Polar Star Mining’s (PSR-V, POSRF-O), ex-president and CEO Douglas Willock is rallying shareholders to help him replace the company’s board of directors — namely, executive chairman Stephen G. Roman.
Golden Hope Hits New Mineralization
Assay results from Golden Hope Mines (GNH-V, GOLHF-O)’ Bellechasse property confirm the company has hit upon a second mineralized body at its Quebec gold project.