Red Chris back on front burner
The week ended June 21, the 25th trading week of 2008, was highlighted by a court victory that is broadly encouraging for all juniors actively developing mines in Canada.
Articles by Northern Miner Staff
CNQ TRADING — JUNE 17-23, 2008 (June 30, 2008)
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 350 0.15 0.15 0.15 + 0.05 0.23 0.085 Avanti Mining AVMI 6960 0.80 0.31 0.55 …
LENDING RATES (June 30, 2008)
as of 9 a. m. ET, June 24, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …
Cameco enters uranium enrichment business in US
The world’s leading uranium miner, Cameco (CCO-T, CCJ-N) of Saskatoon, Sask., is joining a uranium enrichment business venture in the United States.
DIVIDENDS (June 30, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per share on $3.75* cmltv prf stk…
EXCHANGE RATES (June 30, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate)
Boom, Bust & Echo author calls for creative hiring spree
The mining industry has a five-year window to do some “creative” hiring in order to ensure a strong workforce for the future, according to renowned demographer and University of Toronto economics prof…
TORONTO STOCK EXCHANGE JUNE 17-23
The TSX Composite Index fell 1.6% over the June 17-23 trading period, down 252.46 points to 14,691.82.
TSX VENTURE EXCHANGE JUNE 17-23
The S&P-TSX Venture Composite Index lost ground over the June 17-23 trading session, sliding 32.46 points to close the session at 2,603.61. Average daily trading volumes retreated to 90 million.
PRODUCER AND DEALER PRICES (June 30, 2008)
Antimony: Mid-mkt US$6,400.00/t.
INTERNATIONAL QUOTES (June 30, 2008)
Australia (A$) June 24 June 17 Change Bendigo Mining 0.28 0.30 -0.02 Centamin Egypt 1.15 1.24 -0.09 Kingsgate Cons. 5.28 5.50 -0.22 Lion Selection Ltd 1.88 1.82 0.06 …
SPOT PRICES (June 30, 2008)
COURTESY OF SCOTIABANK