Canadian Gold Mutual Funds (March 12, 2007)
Fund name Feb.26($) Feb.19($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 29.75 28.28 1.47 5.2 11.2 2.63 528 Altamira Pr & Str Mtl 13.98 13.57 0.41 3.0 7.9 2.67…
News
International Quotes (March 12, 2007)
Australia (A$) Mar 5 Feb 26 Change Bendigo Mining 0.31 0.35 -0.04 Centamin Egypt 0.92 0.98 -0.06 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.09 0.10 -0.01 Kingsgate Cons. 3.79…
NovaGold gets Alaska permit boost
Vancouver — NovaGold Resources (NG-T, NG-X) says the U.S. government is reinstating a key permit for its Rock Creek gold mine in Alaska, a project that the company hopes to have in production by the …
Barrick brings Ruby Hill back to life (March 12, 2007)
Following a successful restart of operations, Barrick Gold’s (ABX-T, ABX-N) Ruby Hill mine in Nevada poured its first gold in February.
Glencairn to convert Libertad to mill
Poor metallurgical recoveries at the Libertad gold mine in Nicaragua have convinced Glencairn Gold (GGG-T, GLE-X) that it is time to go big or go home.
Exchange Rates (March 12, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (March 12, 2007)
Company Div.($) Pay Date Record Date Phelps Dodge 0.20* Mar 2 Feb 16 Randgold 0.10 Mar 8 Feb 16 Falconbridge pf2 f Mar 12 Feb 28 Falconbridge pf 20.286 Mar…
Lending Rates (March 12, 2007)
as of 2 pm ET, Feb. 12, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
People (March 12, 2007)
Adanac Molybdenum — Mike Petrina appointed general manager of the Ruby Creek molybdenum mine in B.C.
Quadra rolls out 2006 profit
Vancouver — Improved performance at its flagship Robinson copper-gold mine near Ely, Nev., propelled Quadra Mining (QUA-T, QADMF-O) to deliver net earnings of US$54.7 million in last year’s final qua…
Silver Eagle launches Miguel Auza
Vancouver — With a number of political dignitaries in attend- ance, Silver Eagle Mines (SEG-T, SVEGF-O) recently celebrated the start of operations at its Miguel Auza mine in Zacatecas state, Mexico.
Quadrem revenues up 18%
International supplier network Quadrem International says its 2006 revenues were up 18% year-over-year, propelling the private firm to new levels of profitability.