TSX Preferred and Exchangeable (November 05, 2007)
Falconbridge S2 Pr (FAL.PR.A-T) — Convertible at shldr’s optn and 14 days notice to one Series 3 preferred (FAL.PR.B-T) on five-year anniversaries from March 1/09.
Articles by Northern Miner Staff
All positive for Mt. Milligan
Vancouver — A preliminary economic assessment of Terrane Metals’ (TRX-V, TRXOF-O) Mt. Milligan copper-gold project, in central B.C., paints a rosy picture of the large deposit’s potential.
Kinross unloads Kubaka for US$15M (November 05, 2007)
Kinross Gold (K-T, KGC-N) is selling the formerly producing Kubaka gold-silver mine and related assets in Russia’s Far East to St. Petersburg-based silver major Polymetal for US$15 million in cash plu…
Canadian Gold Mutual Funds (November 05, 2007)
Fund name Oct. 29($) Oct. 22($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 31.58 29.43 2.15 7.3 18.1 2.61 638 Altamira Pr & Str Mtl 13.85 12.82 1.03 8.0…
Elkedra dazzles with 33.44-carat diamond
Australia’s Elkedra Diamonds (EDN-L, EDN-A) has recovered the largest diamond ever at its 100%-owned Chapada mine in Brazil — a 33.44-carat stone that recently sold for US$100,320, or US$3,000 per ca…
CVRD invests big in Canadian nickel (November 05, 2007)
In the largest annual investment program ever undertaken by a mining company, Companhia Vale do Rio Doce has approved a budget of US$11 billion for 2008 — a portion of which will be channelled into n…
Dividends (November 05, 2007)
Company Div.($) Pay Date Record Date C Vale Rio Doce 0.22* Nov 7 Oct 23 Alcoa 0.17 Nov 25 Nov 2 Noranda Income Fund 0.085 Nov 26 Oct 31 Grupo…
Andina boosts Volcan gold resource (November 05, 2007)
Vancouver — Almost 15,000 metres of recent drilling has served to substantially increase the resource at Andina Minerals’ (ADM-V, ADMNF-O) Volcan project, in Chile’s Maricunga gold belt.
TSX Venture Exchange Oct. 23-29
With gold rising to a 28-year high around US$790 per oz., junior miners strongly rallied over the Oct. 23-29 trading session. The S&P-TSX Venture Composite Index posted an almost 6% gain to close …
LME Warehouse Levels (November 05, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 29, 2007 (change from Oct. 22 in brackets):
Xstrata, Breakwater commit to cleanup
Xstrata Nickel and Breakwater Resources have made financial commitments for the next three years to support the Ontario Mining Association (OMA) and the Ministry of Northern Development and Mines’ Reh…
Southwestern slashes Boka resource
Vancouver – Southwestern Resources (SWG-T, SWGGF-O) has greatly reduced the resource estimate for its troubled Boka…