Lending Rates (November 20, 2006)
as of 4 pm ET, Nov. 13, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S….
News
Imperial Metals Pulls Plug on Hostile Offer for bcMetals
Vancouver — Unable to stomach bcMetals’ (C-V, BMTLF-O) poison pill, Imperial Metals (III-T, IPMLF-O) has withdrawn its unsolicited 95-per-share bid for the junior.
Dividends (November 20, 2006)
Company Div.($) Pay(Date) Record(Date) Peabody Energy 0.06* Nov 22 Nov 1 Goldcorp 0.015* Nov 24 Nov 17 Alcoa 0.15* Nov 25 Nov 3 Noranda Incm…
TSX Venture Rights & Warrants (November 20, 2006)
Agnico Eagle Mines (AEM.WT.U) — Wt buys sh @ US$19 to Nov 14/07.
Barrick Waives Minimum Tender Condition in NovaGold Bid
Vancouver — With about 20.6 million shares of NovaGold Resources (NG-T, NG-X) deposited under Barrick Gold’s (ABX-T, ABX-N) US$16.00-per-share hostile bid, the gold major has waived the 50.1% minimum…
Canadian Stock Exchange Indices (November 20, 2006)
Date Nov. 13 Nov. 10 Nov. 9 Nov. 8 Nov. 7 High Low S&P/TSX-Ven Comp 2648.89 2674.25 2669.36 2631.78 2576.64 3309.90 1992.44 TSX Composite 12309.40…
Canadian Gold Mutual Funds (November 20, 2006)
Fund name Nov 13($) Nov 6($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 25.13 24.71 0.42 1.7 54.0 2.68 440 Altamira Pr & Str…
Return of Ortega in Nicaragua Chills Miners
Vancouver — The return to power of former Marxist guerilla leader Daniel Ortega in Nicaragua has sent a chill through a small community of Canadian mining companies with operations in the Central Ame…
CNQ Trading (November 20, 2006)
Oct. 7-13, 2006
Daily Metal Prices (November 20, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Belahouro Numbers Positive
Goldbelt Resources (GLD-V, GLDDF-O) is ready to start preproduction work at its Belahouro project in north-central Burkina Faso after receiving a prefeasibility study on production from the Inata depo…
Canadian Mining Hall of Fame Adds Four More
Four new members will officially join the esteemed ranks of the Canadian Mining Hall of Fame at its 19th annual dinner and induction ceremony on Thursday, Jan. 18, 2007, in the Canadian Room of the Fa…