DIVIDENDS (April 21, 2008)
Note: Xstrata will pay its pref sh series 3 div of $0.2862 on June 2, rec May 15. Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay $0.9367* …
Articles by Northern Miner Staff
LENDING RATES (April 21, 2008)
as of 9 a. m. ET, April 15, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
Labrador Inuit bar uranium development
In a narrow 8-7 vote, the Labrador Inuit government has passed a three-year moratorium on uranium mining — spelling out continued uncertainty for the area’s juniors.
TSX VENTURE SHORT POSITIONS (April 21, 2008)
Short positions outstanding at Apr. 1/08 (with changes from Mar. 15/08).
EXCHANGE RATES (April 21, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 17 April 11 April 10 April 9 April 8 US$ in C$ 1.0208 1.0215 1.0179 1.0194 1.0150 C$ in US$ 0.9796 0.9790 0.9824 0.9810 …
Troy jumps on golden hole Down Under (April 21, 2008)
VANCOUVER–On the heels ofatemporary mill shutdown in Brazil that dragged its share price down, Troy Resources (TRY-T) rebounded with drill results out of Australia that prompted a 16% share gain.
INTERNATIONAL QUOTES (April 21, 2008)
Australia (A$) April 8 April 1 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.49 1.48 0.01 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.15 4.03 0.12 Lion Se…
Western Uranium counts down lithium spinoff
VANCOUVER — Western Uranium (WUC-V, WURNF-O) anticipates the spin-out of lithium assets at its Kings Valley project in northwestern Nevada will be complete by this June.
Linatex acquires Durex Products
Linatex and Durex Products, both geared towards production of rubber parts and other products for material processing, have made a deal to merge.
Dover Corp. subsidiary acquires Brady’s Mining and Construction
Diamond cutter supply company US Synthetic has acquired Brady’s Mining and Construction Supply.
Rosemont Copper enlists ABB for mill drives
Rosemont Copper, a subsidiary of Augusta Resource (AZC-T, AZC-X), has contracted ABB Switzerland to supply mill drives for the company’s Rosemont copper mine.
Homeland Energy picks mining contractor
South Africa-focused Homeland Energy Group (HEG-T, HMDEF-O) has awarded Moolman Mining a 3-year initial mining contract for its 74%-owned Kendal coal mine.