Teck Cominco to buy Global Copper
Vancouver — In a deal valued at $425 million, Teck Cominco (TCK. B-T, TCK-n) is buying out Global Copper (GLQ-T, GOCPF-o) to get its hands on the Relincho project — an Andean porphyry-style copper-m…
News
Ivanhoe sells Jinshan stake
Ivanhoe Mines (IVN-T, IVN-n) is selling its controlling 42% stake in Jinshan Gold Mines (JIN-T, JINFF-o) to a Chinese gold-mining conglomerate, giving Jinshan powerful new owners with deep pockets and…
Western Uranium counts down lithium spinoff
VANCOUVER — Western Uranium (WUC-V, WURNF-O) anticipates the spin-out of lithium assets at its Kings Valley project in northwestern Nevada will be complete by this June.
INTERNATIONAL QUOTES (April 21, 2008)
Australia (A$) April 8 April 1 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.49 1.48 0.01 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.15 4.03 0.12 Lion Se…
LENDING RATES (April 21, 2008)
as of 9 a. m. ET, April 15, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
DIVIDENDS (April 21, 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* …
CANADIAN GOLD MUTUAL FUNDS (April 21, 2008)
as of Apr. 1/2008
BC power line could spark $3.5 billion mining investment
Vancouver – A power line into northern British Columbia could attract an estimated $3.5 billion in mining investmen…
Ecuador gives investors new bout of the shudders
The government of Ecuador has done what mineral investors the world over feared they might, and Canadian-based mine…
Schulich hikes Starfield stake (April 18, 2008)
Famed mining entrepreneur Seymour Schulich has increased his holdings in Starfield Resources (SRU-T).In a news re…
Acadian Mining to spin off gold assets
Halifax-based Acadian Mining (ADA-T) is spinning off its gold assets into a new public company to create value for…
Aurizon signs LOI with Radisson for gold property with high-grade past
Aurizon Mines (ARZ-T, AZK-X) is considering a joint venture with Radisson Mining (RDS-V) for the O’Brien-Kewagama p…