SXR moves to acquire UrAsia (February 19, 2007)
SXR Uranium One (SXR-T, SXR-J) has offered to take over UrAsia Energy (UUU-V, UUU-L) to create a $5-billion uranium company that would have early production from Australia and South Africa, and advanc…
News
Tough year for De Beers
Diamond producers were faced with a challenging rough market in 2006, however, demand at the retail consumer level remained solid across the world, with an estimated growth of somewhere between 4% and…
Jubilee expands resource Down Under
A new resource figure for the Sinclair nickel deposit near Leonora, Western Australia, is significantly higher than the previous one.
Lending Rates (February 19, 2007)
as of 2 pm ET, Feb. 12, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
Dividends (February 19, 2007)
Company Div.($) Pay Date Record Date Falconbridge pf2 f Feb 12 Jan 31 Potash C Sask 0.15* Feb 12 Jan 22 Royal Untilites 0.08 Feb 15 Jan 31 Goldcorp 0.15…
Exchange Rates (February 19, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Arch Coal has stellar 2006
Arch Coal (ACI-N) is battling the weak American coal market by slashing its production target this year in anticipation of an upturn in years to come.
U.S. Gold in search of the Holy Grail
Robert McEwen, chairman and CEO of U.S. Gold (UGX-T, UXG-X), looks to the recent discovery of the 8-million-oz. Cortez Hills deposit by Placer Dome (now Barrick Gold [ABX-T, ABX-N]) as the motivation …
Queenstake, YGC to tie knot (February 19, 2007)
The wait by the phone is over for Queenstake Resources (QRL-T, QEE-X), which has found a merger partner in Vancouver-based YGC Resources (YGC-T, YGCFF-O).
CNQ Trading (February 19, 2007)
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Feb. 6-12, 2007 Aspire CALS 510 0.06 0.04 0.04 0.00 0.16 0.035 Bannockburn Res BKNN 354 3.00 2.25 3.00 + 0.40…
Base metals make comeback in the Great Lakes states
The three states that surround the upper Great Lakes — Michigan, Minnesota and Wisconsin — have a great mining history, but one that has, over the last four decades, receded further and further into…
Canyon ready to reopen Briggs gold mine
All Canyon Resources (CAU-X) needs to get things rolling at its Briggs gold mine in Inyo Cty., Calif., is some cash.