News



DIVIDENDS (November 15, 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…


Thompson Creek’s fine Q3

VANCOUVER — Higher molybdenum prices and increased output helped Thompson Creek Metals’ (TCM-T) increase third quarter revenue and profits while it continues to advance the recently acquired Mt. Mill…


LENDING RATES (November 15, 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….


Agnico-Eagle Mines' Meadowbank mine in Nunavut's Kivalliq region, about 70 km north of Baker Lake.

Agnico flaunts Q3 profits, invests in Queenston

VANCOUVER — Agnico-Eagle Mines (AEM-T, AEM-N) reached record gold production, revenue and net income in the third quarter, the result of several years of work commissioning no less than five mines.


Drillers at Auryx's Otjikoto project.

Tapping Namibia’s gold potential

While Namibia has become more known for uranium and diamonds in the mining world over the years, Auryx Gold (AYX-T) is looking to prove the country can hold its own in the gold department as well.


INTERNATIONAL QUOTES (November 15, 2010)

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 4.56 -0.06 Iluka …


QE2 powers gold

The first week of November was a huge one for news hounds, with exciting new developments in mining, money and politics in Canada and around the world.


Pettigrew’s view on mining

Pierre Pettigrew carved out a reputation as one of Canada’s savvier ministers during his time spent as both the minister of foreign affairs and international trade.


EXCHANGE RATES (November 15, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 8 Nov 5 Nov 4 Nov 3 Nov 2 US$ in C$ 1.0022 1.0015 1.0024 1.0092 1.0099 C$ in US$ 0.9978 0.9985 0.9976 0.9909 0.9902 EXCH…


Response to Bill C-300’s defeat

The following is joint statement released by the Prospectors and Developers Association of Canada and the Mining Association of Canada in response to the defeat of Bill C-300, a private members bill, …


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