CNQ TRADING — MAY 20-26, 2008
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW May 20-26, 2008 Alliance Mining AMCL 740 0.10 0.10 0.10 0.00 0.23 0.085 Avanti Mining AVMI 20 0.28 0.28 0…
Articles by Northern Miner Staff
LENDING RATES (June 02, 2008)
as of 9 a. m. ET, May 27, 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 5…
EXCHANGE RATES (June 02, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 26 May 23 May 22 May 21 May 20 US$ in C$ 0.9896 0.9883 0.9861 0.9844 0.9930 C$ in US$ 1.0105 1.0118 1.0141 1.0158 1.0070…
TSX VENTURE EXCHANGE MAY 20-26
The TSX Venture Composite Index surged 4% over the May 20-26 trading period, rising 107.43 points to 2,718.75.
Teck Cominco a mining pioneer in oilsands
VANCOUVER–The sky-high cover charge for entry into Alberta’s oilsands has kept most mining companies from diversifying into this rapidly expanding sector of the energy business. One notable exception…
DAILY METAL PRICES (June 02, 2008)
Date May 26 May 23 May 22 May 21 May 20 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 2665/2695 2730/2740 2700/2730 2680/2715 Alu…
NORTH AMERICAN STOCK EXCHANGE INDICES (June 02, 2008)
52-week Date May 26 May 23 May 22 May 21 May 20 High Low S&P/TSX-Ven Comp 2718.75 2706.37 2680.33 2671.76 2661.14 3341.56 2340.21 TSX Composite 14758.57 14723.36 14792.36 147…
BID-ASK — MAY 20-26, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.18 0.12 Afrasia Minl F V 0.25 0.60 0.22 0.49 0….
Strait Gold expands grassroots exploration in Peru (June 02, 2008)
Hoping to one day fill a void left by major companies, Peru-focused Strait Gold (SRD-V, SAIDF-O) has grown from one to four early-stage projects since going public in fall 2006.
Higher input costs will squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and depreciation (EBITDA) margins over the next five years than they have over the past 20…
Supercycle skeptics sound off
For the last two weeks, we’ve been hearing mostly positive views about the commodity supercycle. In the last of a 3-part series, more supercycle skeptics have their say.
EnCana narrows its focus with oilsands spinout
For EnCana (ECA-T, ECA-N), being big had its disadvantages.