SPOT PRICES (May 19, 2008)
COURTESY OF SCOTIABANK Tuesday, May 13, 2008 Precious Metals Price (US$/oz.) Change Gold $877.00 -1.00 Silver $17.08 +0.38 Platinum $2073.00 +143.00 Palladium $439.00 +13.00 Base Metal…
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DIVIDENDS (May 19, 2008)
Note: Xstrata will pay its pref sh series 3 div of $0.2862 on June 2, rec May 15. Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay $0.9367* …
EXCHANGE RATES (May 19, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 12 May 9 May 8 May 7 May 6 US$ in C$ 1.0039 1.0061 1.0149 1.0021 1.0035 C$ in US$ 0.9961 0.9939 0.9853 0.9979 0.9965 EXC…
METALS COMMENTARY (May 19, 2008)
Amid capital market turbulence, the global metals sector has seen a rush of mergers and acquisitions (M&A) and will continue to do so, according to a new report issued by PricewaterhouseCoopers (P…
INTERNATIONAL QUOTES (May 19, 2008)
Australia (A$) May 13 May 6 Change Bendigo Mining 0.29 0.30 -0.01 Centamin Egypt 1.38 1.39 -0.01 Croesus Mining 0.04 0.28 0.00 Kingsgate Cons. 5.30 5.00 0.30 Lion Sel…
BID-ASK — MAY 6-12, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.18 0.12 Amazon Mng V 0.55 0.64 0.65 1.21 0.46 …
From Los Alamos to the rock face (May 19, 2008)
A new diamond technology developed at the Los Alamos National Laboratory in New Mexico has promising applications in drilling and cutting tools for the mining industry.
PRODUCER AND DEALER PRICES (May 19, 2008)
Antimony: Mid-mkt US$5,893.33/t.
Same recipe, different dish: Rio Alto CEO sticks to the script with La Arena purchase
With its planned acquisition of Iamgold’s (IMG-T, IAG-N) La Arena copper-gold project, Rio Alto Mining’s president and chief executive Alex Black has signalled he’s ready to again make his mark on min…
PEOPLE (May 19, 2008)
Alcoa– Michael Schell appointed VP of business development and law; Klaus Kleinfield appointed president and CEO.
Western Bushveld has more to give to Platinum Group
Platinum Group Metals (PTM-T, PLG-X) picked a good time to release its first resource for one of the projects on its joint-ventured Western Bushveld property in South Africa.
Odds ‘n’ sods: Making the best of a turndown
In the family room, cocktail hour was sliding into high gear. The telephone rang. My wife answered it and handed me the receiver. “It’s for you.”