International Quotes (December 29, 2008)
Australia (A$) Dec 19 Dec 16 Change Bendigo Mining 0.16 0.17 -0.01 Kingsgate Cons. 2.80 2.85 -0.05 Lion Selection Ltd 0.73 0.67 0.06 Newcrest Mining 33.50 29.00 4.50 …
News
Clock Starts Ticking For Geologix
The countdown has begun for Geologix Explorations (GIX-T, GXEXF-o).
Lending Rates (December 29, 2008)
as of 9 a. m. ET. Dec. 19, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Dividends (December 29, 2008)
Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Company Div. Pay Record ($)…
Nautilus Delays Seafloor Mine Development
The turmoil in the world markets has prompted Nautilus Minerals (NUS-T, NUS-l) to delay construction of the mining system for its Solwara 1 seafloor copper-gold-zinc-silver massive sulphide deposit, o…
Exchange Rates (December 29, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 US$ in C$ 1.2352 1.2452 1.2183 1.2557 1.2603 C$ in US$ 0.8096 0.8031 0.8208 0.7964 0….
Tsx Venture Short Positions (December 29, 2008)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).
Editor’s Picks: top 10 stories of 2008
It was remarkable year for the mining industry, as we witnessed a commodities boom in the first quarter turn into a…
Metallurgical coal outlook for 2009
Demand for metallurgical coal next year will be 7% lower than in 2008, as global steel production continues to drop…
PolyMet draws on debt to feed NorthMet
In tight credit markets it’s good to have deep pockets in your corner.
Western Canadian Coal and Cambrian discuss merger
Western Canadian Coal (WTN-T, WTN-L) and Cambrian Mining (CBM-L) have reached an agreement in principal that would …
Jaguar’s tidy Brazilian operations make for a growing producer story
At a time when more than one mining company is struggling to stay afloat, Jaguar Mining (JAG-T, JAGNF-o) is a bit o…