Northern Peru heading to China
Vancouver — In a deal valued at $455 million, Northern Peru Copper (NOC-T, NPUCF-O) is being bought out by China Minmetals and Jiangxi Copper (JCC-L), majors willing to pay a premium to get their han…
News
Bema’s bosses return with B2Gold
Vancouver — The former management team from Bema Gold is back with a new company that has one of the biggest exploration budgets in the junior mining industry.
First Majestic finding promise in old Mexican mines (December 17, 2007)
Vancouver — Initial drill results from First Majestic Silver’s (FR-V, FRMSF-O) Chalchihuites group of properties in Zacatecas state show there’s still significant silver and zinc in the historic Mexi…
Canadian Gold Mutual Funds (December 17, 2007)
Fund name Dec. 10($) Dec. 3($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 29.00 28.38 0.62 2.2 8.4 2.61 644 Altamira Pr & Str Mtl 12.85 12.48 0.37 3.0…
Study deems Ontario mines economic cash cow
A new report backed by the Ontario Mining Association takes a look at the positive economic echoes of mining in Ontario.
CNQ Trading — Dec. 4-10, 200
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 280 0.10 0.10 0.10 0.00 0.23 0.09 Avanti Mining AVMI 145 0.60 0.55 0.58 0.00 0.80 0.40 CDG…
International Quotes (December 17, 2007)
Australia (A$) Dec 10 Nov 19 Change Bendigo Mining 0.34 0.36 -0.02 Centamin Egypt 1.35 1.42 -0.07 Emperor Mines 0.07 0.07 0.00 Kingsgate Cons. 4.48 5.00 -0.52 Lion Selection Ltd…
Lending Rates (December 17, 2007)
as of 9 a.m. ET, Dec. 11, 2007(%)
Dividends (December 17, 2007)
Company Div($.($) Pay Date Record Date Barrick Gold 0.15* Dec 17 Nov 30 Goldcorp 0.015 Dec 28 Dec 21 Newmont Mining 0.10* Dec 28 Dec 7 Hecla Mining 0.875* Jan…
Exchange Rates (December 17, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Jinchuan boosts interest in Continental
Vancouver — Chinese smelting group Jinchuan has boosted its interest in aspiring copper producer Continental Minerals (KMK-V, KMKCF-O) to 14% by exercising 8 million of the junior’s warrants for a to…
Thompson Creek drops 2007 moly output forecast (December 15, 2007)
Vancouver – Thompson Creek Metals Company (TCM-T, TC-N) sees 2007 molybdenum production coming in up to 12% below f…