High-grade uranium for Denison at Athabasca
VANCOUVER — Denison Mines (DML-T, DNN-X) has 20,000 metres of drilling planned for the summer at its 60%-owned Wheeler River project following more high-grade uranium hits this past winter.
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DAILY METAL PRICES (June 07, 2010)
Date May 31 May 28 May 27 May 26 May 25 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 1880/1895 1915/1930 1871/1895 1860/1880 Alum…
Keegan has plans for Ghanaian gold project
VANCOUVER — A preliminary economic assessment for Keegan Resources’ (KGN-T, KGN-X) gold project in southwest Ghana found an open-pit mine at Esaase could produce some 200,000 oz. gold annually for a …
NORTH AMERICAN STOCK EXCHANGE INDICES (June 07, 2010)
52-week Date May 31 May 28 May 27 May 26 May 25 High Low S&P/TSX-Ven Comp 1514.07 1503.44 1502.84 1469.68 1450.12 1691.10 1027.29 TSX Composite 11762.29 11671.44 11349.12 11543.90 11518.08…
Killing the golden goose
Chief executives in the mining industry told PricewaterhouseCoopers (PwC) in a recent survey that they feared cash-strapped governments would increasingly look to mining companies as a source of addit…
TSX SHORT POSITIONS (June 07, 2010)
Short positions outstanding at May 15/10 (with changes from Apr. 30/10).
International Tower Hill to spin off assets
A proposed spin-off transaction that will separate International Tower Hill Mines’ (ITH-T, THM-X) advanced-stage Livengood gold project in Alaska from the company’s earlier stage properties will maxim…
TSX VENTURE SHORT POSITIONS (June 07, 2010)
Short positions outstanding at May 15/10 (with changes from Apr. 30/10).
Khan’s troubles in Mongolia (June 07, 2010)
VANCOUVER — The past few months have been a bit of a rollercoaster for Khan Resources (KRI-T) as it tries to reopen the historic Dornod uranium mine in northeastern Mongolia.
CANADIAN GOLD MUTUAL FUNDS (June 07, 2010)
*as of Jan. 31/10
DIVIDENDS (June 07, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20/10. Alcoa will pay a $0.75* div on it $3.75* cmltv pr stock on July 1, rec June 11. Franco-Nevada will start paying a semi-annual …
LENDING RATES (June 07, 2010)
as of 9 a.m. ET. June 1, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.25 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…