News

More Kimberlites For Peregrine At Chidliak

Peregrine Diamonds (PGD-T, PGDIF-O) has found four more kimberlite bodies — three of them exposed at surface– on its 9,800-sq.-km Chidliak property on Baffin Island in Nunavut.


Thompson Creek Dusts Off Endako Plans

VANCOUVER — As the price of molybdenum shows ever stronger signs of life, Thompson Creek Metals (TCM-T, TC-N) has emerged from cash conservation mode to put a major moly expansion project back on the…



Iamgold Boosts Q2 Profits 33%

While Iamgold (IMG-T, IAG-N) is down a mine this year with the closure and sale of its Sleeping Giant mine in Quebec at the end of 2008, production remained relatively steady in its second quarter — …


Noront To Raise $20M In Equity Financing

The “Ring of Fire” multi-metals district in the James Bay lowlands of northern Ontario is getting hotter for shareholders of Noront Resources (NOT-V, NOSOF-O), who have watched their shares surge 287%…



Signs Of Life In Base Metals

There was yet another sign in Western Canada of a recovery in base metals markets during the 31st trading week of the year.


People (August 17, 2009)

Apoquindo Minerals — Bruce Turner appointed president and CEO; Alvaro Fernandez Baca appointed GM for Peruvian subsidiary Minera KoriTambo; Cesar Lopez appointed VP of legal, business development and…




Dividends (August 17, 2009)

Note:Vale will pay $0.4795 for common and preferred class A shares on Oct 30. Russia’s Norilsk Nickel plans to pay a dividend of more than 25% its net profit for the first half of 2009. Alcoa will pay…


Lending Rates (August 17, 2009)

as of 9 a. m. ET. Aug 11, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …


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