DIVIDENDS (April 28, 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 $0.9367* …
Articles by Northern Miner Staff
EXCHANGE RATES (April 28, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 21 April 18 April 17 April 16 April 15 US$ in C$ 1.0066 1.0084 1.0113 1.0025 1.0181 C$ in US$ 0.9934 0.9917 0.9888 0.997…
Alberta Star explores historic uranium area
Alberta Star Development (ASX-V, ASXSF-O) delved deep into the Northwest Territories’ uranium past and is finding what could develop into the area’s future.
U. S. MARKETS (April 28, 2008)
Are U. S. stocks starting to recover? The chief investment strategist and chairman of the investment policy committee at Standard & Poor’s seems to think so. In an investment outlook teleconferenc…
Premier shifts focus to Geraldton gold project
Premier Gold Mines (PG-T, PIRGF-O) plans to drill 50,000 to 100,000 metres on its exploration projects in Northwestern Ontario and Mexico this year with a new focus on its project in Geraldton, Ont.
Rio Tinto Alcan developing greener smelting technology
Aluminum giant Rio Tinto Alcan, a subsidiary of Rio Tinto, has announced that it has begun development of new smelting technology that could reduce energy consumption by 20%.
LENDING RATES (April 28, 2008)
as of 9 a. m. ET, April 22, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.00 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
INTERNATIONAL QUOTES (April 28, 2008)
Australia (A$) April 22 April 8 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.51 1.49 0.02 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.31 4.15 0.16 Lion S…
FACTS AND FIGURES World mining equipment demand to grow 5% annually
World demand for mining equipment is expected to grow 5% annually through 2011, according to a new report issued by Ohiobased research group, Freedonia.
Crosshair budgets $10M for Labrador
Crosshair Exploration & Mining (CXX-V, CXZ-X) has closed a $15- million bought-deal financing to continue exploring on its Central Mineral Belt uranium property in Labrador.
SPOT PRICES (April 28, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (April 28, 2008)
Antimony: Mid-mkt US$5,950/t.