Vancouver — A month after the government in Western Australia lifted a ban on uranium mining, Mega Uranium (MGA-T, MGAFF-o) released a preliminary economic assessment for its Lake Maitland project th…
Severstal, Russia’s largest steel maker, is slashing output in Russia, the U. S. and Europe by 25-30% amidst slowing demand, according to a report by Bloomberg news.
Short positions outstanding at Oct. 15/08 (with changes from Sept. 30/08).
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
U. S. markets continued their descent during the Oct. 21-27 trading session, with the market anticipating a global recession weighing on corporate profits. The Dow Jones Industrial Average lost 1,090 …
The Oct. 21-27 trading session was another tough week for the S&P-TSX Venture Composite Index. The junior board lost 175.95 points to end the week at just 808.99 points. The Venture board hadn’t b…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 28, 2008 (change from Oct. 21 in brackets):
COURTESY OF SCOTIABANK
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
In the wake of crumbling nickel prices and mine closures, development has been temporarily suspended at a string of nickel projects, among them, First Nickel’s (FNI-T, FNKLF-o) Lockerby mine and FNX M…
as of 9 a. m. ET, Oct. 28, 2008 (%) Bank of Canada 2.75 Target overnight rate 2.25 Canadian Prime 4.25 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 1.50 U. S. Prime …
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct. 27 Oct. 24 Oct. 23 Oct. 22 Oct. 21 US$ in C$ 1.2930 1.2732 1.2573 1.2499 1.2202 C$ in US$ 0.7734 0.7854 0.7954 0.8001 0…
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