News

Perseverance pays for Equinox at Lumwana

SITE VISIT Solwezi, Zambia — At Equinox Minerals’ (EQN-T, EQMIF-o) Lumwana copper project in northwestern Zambia, it’s all about scale and perseverance. “This is an earth-moving operation, more than a…


U. S. MARKETS APRIL 8-14

Those clinging to an intangible optimism about the state of the U. S. economy let go a little during the April 8-14 trading period, which started off with some pessimistic news from the U. S. Federal …


TSX VENTURE EXCHANGE APRIL 8-14

The S&P-TSX Venture Composite Index posted a small gain in the second week of April, inching up 1.7 points over the April 8-14 trading session to close at 2,547.66.


BID-ASK — APRIL 8-14, 2008

12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.25 0.12 Afrasia Minl F V 0.28 0.42 0.28 0.55 0….



DIVIDENDS (April 21, 2008)

Note: Xstrata will pay its pref sh series 3 div of $0.2862 on June 2, rec May 15. Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay $0.9367* …


LENDING RATES (April 21, 2008)

as of 9 a. m. ET, April 15, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …


INTERNATIONAL QUOTES (April 21, 2008)

Australia (A$) April 8 April 1 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.49 1.48 0.01 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.15 4.03 0.12 Lion Se…



Western Uranium counts down lithium spinoff

VANCOUVER — Western Uranium (WUC-V, WURNF-O) anticipates the spin-out of lithium assets at its Kings Valley project in northwestern Nevada will be complete by this June.


A worker oversees gold pouring at Jinshan Gold Mines' Chang Shan Hao (217) gold project, in China.

Ivanhoe sells Jinshan stake

Ivanhoe Mines (IVN-T, IVN-n) is selling its controlling 42% stake in Jinshan Gold Mines (JIN-T, JINFF-o) to a Chinese gold-mining conglomerate, giving Jinshan powerful new owners with deep pockets and…


Drilling at Global Copper's Relincho project, an Andean porphyry-style copper-molybdenum deposit in Chile's Region III that, part-way through exploration, already hosts almost 10 billion lbs. of copper.

Teck Cominco to buy Global Copper

Vancouver — In a deal valued at $425 million, Teck Cominco (TCK. B-T, TCK-n) is buying out Global Copper (GLQ-T, GOCPF-o) to get its hands on the Relincho project — an Andean porphyry-style copper-m…


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