DIVIDENDS (May 05, 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 $0.9367* …
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LENDING RATES (May 05, 2008)
as of 9 a. m. ET, April 22, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.00 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
EXCHANGE RATES (May 05, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 28 April 25 April 24 April 23 April 22 US$ in C$ 1.0160 1.0164 1.0132 1.0195 1.0033 C$ in US$ 0.9843 0.9839 0.9810 0.980…
Southern Arc pulls long interval in Indonesia
VANCOUVER — Some investors seem to be regaining confidence in Indonesia: a long copper-gold porphyry intercept from Southern Arc Minerals’s (SA-V, SOACF-O) Selodong intrusive complex (SIC) prospect i…
INTERNATIONAL QUOTES (May 05, 2008)
Australia (A$) April 22 April 8 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.51 1.49 0.02 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.31 4.15 0.16 Lion S…
Ban on BC uranium exploration now official (May 05, 2008)
VANCOUVER — Uranium exploration and development has been unofficially banned in the province of British Columbia for years but now the rule is official.
Citigroup forecasts strong moly prices until 2010 (May 05, 2008)
Molybdenum supply won’t catch up with demand until 2010 and rising oil prices will only heighten the metal’s value, according to a new report from Citi Investment Research, a division of Citigroup Glo…
Aussie uranium juniors: from champagne to flat beer
PERTH, WESTERN AUSTRALIA — They were heady days for uranium juniors in late 2007, when uranium oxide’s spot price hit US$138 a lb. and new Australian uranium float listed on the Australian Stock Exch…
Will this goose lay a copper-nickel-cobalt egg? (May 05, 2008)
SITE VISIT NEMISCAU, QUE.–Golden Goose Resources (GGR-V, GGOSF-O) has made a copper-nickel-cobalt and platinum group elements (PGE) discovery here in the James Bay region of northern Quebec, at its Lac…
Chinese, Griffin battle over Yukon Zinc
VANCOUVER — Yukon Zinc (YZC-V) has meticulously advanced the silver-rich polymetallic Wolverine project in the Yukon for most of a decade without so much as a whiff of a takeover. Now, with the fully…
Coro moves ahead despite anti-acid law
VANCOUVER — Coro Mining (COP-T, CROJF-O) is not letting a law banning the use of sulphuric acid impede progress at its San Jorge copper-gold project, in Argentina.
Canadian Royalties signs IBA with Nunavik Inuit
Canadian Royalties (CZZ-T, CRYAF-O) is one step closer to development at its Nunavik Nickel project in Northern Quebec, now that it’s signed an impact and benefits agreement with three communities and…