CANADIAN GOLD MUTUAL FUNDS (November 17, 2008)
as of Sept. 31/08
News
DIVIDENDS (November 17, 2008)
Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Xstrata Canada will $0.2863 div for pr sh series 3…
LENDING RATES (November 17, 2008)
as of 9 a. m. ET. Nov. 11, 2008 (%) Bank of Canada 2.50 Target overnight rate 2.25 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 1.00 U. S. Prime …
Pacific Comox’s vision for Ryan Lake (November 17, 2008)
SITE VISIT Matatchewan, Ont. — A big old pile of crushed ore sits outside the mill at Pacific Comox Resources’ (PCM-V, PAOCF-o) past-producing Ryan Lake copper-moly project. The pile has…
INTERNATIONAL QUOTES (November 17, 2008)
Australia (A$) Nov 4 Oct 28 Change Bendigo Mining 0.12 0.11 0.01 Kingsgate Cons. 2.93 2.31 0.62 Lion Selection Ltd 1.10 1.20 -0.10 Newcrest Mining 20.65 17.71 2.94 Re…
In pursuit of financing, Adanac retools Ruby Creek
Adanac Molybdenum (AUA-T, AUAYF-o) is looking into a new plan for its Ruby Creek moly project near Atlin, B. C., after figures from an updated feasibility study weren’t as promising as the originals.
It’s a long moly Storie for Columbia Yukon (November 17, 2008)
Vancouver — Stepout drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for Columbia Yukon Explorations (CYU-V, CYUXF-o).
Potash One looks at solution mining in Saskatchewan
Vancouver — On the heels of an oversubscribed $10.4-million financing, Potash One (KCL-T, KCLOF-o) is starting prefeasibility work on the Legacy potash project in Saskatchewan, where it hopes to soon…
China’s GDP growth slows to a simmer
As chief economist for non-Japan Asia at Credit Suisse First Boston in Hong Kong and a former senior regional economist and head of China research at Schroders Securities Asia, Dong Tao is probably on…
Thompson Creek boasts stellar Q3
A sudden drop in molybdenum demand over the last few weeks has prompted Thompson Creek Metals (TCM-T, TC-n) to batten down the hatches.
Nevsun arranges US$89M debt for Bisha (November 17, 2008)
Vancouver — The Industrial Development Corp. of South Africa (IDC) must have liked what it saw at Nevsun Resources’ (NSU-T, NSU-x) Bisha project when it visited the site in Eritrea this August. The I…
Jasper posts more drill results from B. C.
In an interview with The Northern Miner in December 2005, Gordon Dixon, president of Jasper Mining (JSP-V, JAMGF-o), said the company’s McFarlane property, just east of Kootenay Lake in British Columb…