Sumitomo taking bulk of $37.5M Augusta financing
Vancouver — Augusta Resource (AZC-T, AZC-X) has lined up a $37.5-million financing, with Japanese multinational Sumitomo (SSUMY-O) subscribing to 71% of the non- brokered private placement.
News
U.S. Markets June 12-18
The main indexes in the United States all saw increases over the June 12-18 trading period. The NASDAQ gained 2%, or 54.45 points, closing at 2,626.6. The Dow Jones Industrial Average added 188.02 poi…
TSX Venture Exchange June 12-18
Copper and gold prices inched up over the June 12-18 trading session, propping up the S&P-TSX Venture Composite Index for a 32.49-point gain to 3,226.18. Average daily trading volumes retracted to…
LME Warehouse Levels (June 25, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 18, 2007 (change from June 11 in brackets):
Editorial: Good news coming for Crystallex?
We’ve almost become accustomed to earth-shaking news in the mining sector popping up on our monitors every few days, so the busy but unspectacular week ended June 16, the twenty-fourth trading week of…
Quartermain named Silver Institute president
The Silver Institute recently elected Silver Standard Resources (SSO-T, SSRI-Q) president Robert Quartermain as its next president.
Bypassing feasibility no risk
Letter to the Editor
Genco raising funds for Mexico
Vancouver — Looking to recharge its treasury for exploration and development of its Mexican operations, Genco Resources (GGC-V, GGCRF-O) has lined up a $25-million brokered private placement.
People (June 25, 2007)
Fortune Mnrls — Michael Samuels appointed process development manager for the NICO cobalt-gold-bismuth project in the N.W.T.
BC announces largest geoscience projects ever
Vancouver — The pine beetle is ravaging the forests of B.C. to such an extent that the provincial government is spending $400 million over just two years to battle the bug, both trying to slow its sp…
Dividends (June 25, 2007)
Company Div.($) Pay Date Record Date Newmont 0.10* June 29 June 8 Newmont Canada 0.1123 June 29 June 8 Goldcorp 0.015 June 29 June 22 Endeavour Mng Capital 0.05 June…
Lending Rates (June 25, 2007)
as of 9 a.m. ET, June 12, 2007(%)