DIVIDENDS (October 11, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
Articles by Northern Miner Staff
LENDING RATES (October 11, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
INTERNATIONAL QUOTES (October 11, 2010)
INTERNATIONAL QUOTES Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 …
EXCHANGE RATES (October 11, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct 4 Oct 1 Sept 30 Sept 29 Sept 28 US$ in C$ 1.0234 1.0215 1.0298 1.0300 1.0306 C$ in US$ 0.9771 0.9790 0.9711 0.9709 0.970…
Augusta secures US$176M for Rosemont
VANCOUVER — Augusta Resource (AZC-T, AZC-X) has taken another big step towards funding its Rosemont copper-molybdenum project with an infusion of cash from a Korean consortium.
OceanaGold returns to Didipio (October 11, 2010)
VANCOUVER — Two years after escalating costs forced OceanaGold (OGC-T) to halt development work at its Didipio gold-copper project in the Philippines, the Australianbased gold producer is taking anot…
Levon, Valley High start Cordero’s $14M program
VANCOUVER — A successful second phase of exploration at the Cordero property in Chihuahua, Mexico, has expanded two zones and identified several new targets, prompting joint-venture owners Levon Reso…
Canadian mining investment in Mexico
The mining sector represents 44% of all Canadian foreign direct investment in Mexico, according to figures tabulated by the Canadian Chamber of Commerce in Mexico.
Capital Gold spurns Timmins Gold for Gammon Gold (October 11, 2010)
In the same week that the board of Capital Gold (CGC-T, CGC-X) rejected a merger proposal from Timmins Gold (TMM-V), the New York-headquartered gold producer signed a definitive merger agreement with Gammon Gold (GAM-T, GRS-N).The boards of…
Geologix gets back on its feet (October 11, 2010)
Losing a key asset is never an easy thing for a company to rebound from.But Geologix Explorations (GIX-T, GXEXF-O), after having just such a thing happen to it early last year, is back at it again, looking to rebuild through the mineral…
Merger of equals for Genco, Silvermex
VANCOUVER — Mexico-focused Genco Resources (GGC-T) and Silvermex Resources (SMR-V) have agreed to join forces to better advance their silver and gold projects in the country.Silvermex has a number of projects at various stages of…
Arian planning to produce at San Jose
Production will begin in October at the past-producing San Jose silver mine in Zacatecas, Mexico, with cash flow anticipated in the fourth quarter, Arian Silver (AGQ-V, AGQ-L) says.The London-headquartered junior plans to use some of that…