News

Talison, Salares Lithium to merge

VANCOUVER — Australian producer Talison Minerals and Vancouver- based Salares Lithium (LIT-V) are joining forces to create the world’s largest publicly traded lithium production and exploration compa…




Canadian M&As hit 5-year low

Canadian merger and acquisition (M&A) activity fell 30% in the first half of 2010, according to a new report issued by mergermarket.



Jinshan goes native

The largest shareholder in Vancouver-based Jinshan Gold Mines with a nearly 40% stake is China National Gold, a state-owned Chinese enterprise and the country’s biggest gold producer.


DIVIDENDS (August 02, 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…



LENDING RATES (August 02, 2010)

as of 9 a.m. ET. July 27, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.50 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….


INTERNATIONAL QUOTES (August 02, 2010)

Australia (A$) July 27 July 20 Change Aquila Resources 7.58 7.27 0.31 Bendigo Mining 0.19 0.20 -0.01 Centennial Coal 6.00 5.93 0.07 Fortescue Res 4.27 4.13 0.14 Iluka…


EXCHANGE RATES (August 02, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 26 July 23 July 22 July 21 July 20 US$ in C$ 1.0312 1.0373 1.0376 1.0427 1.0526 C$ in US$ 0.9697 0.9640 0.9638 0.9590 0…


Marathon PGM hits more gold at Leprechaun

Marathon PGM (MAR-T) shares were up more than 10% on July 21 after the company posted results from its latest round of drilling at the Leprechaun gold deposit in central Newfoundland.


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