Exchange Rates (October 15, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
News
Dividends (October 15, 2007)
Company Div.($) Pay Date Record Date Fording Coal 0.60 Oct 15 Sept 28 Yamana 0.01 Oct 12 Sept 28 Sherritt 0.03 Oct 12 Sept 28 Silvercorp 0.15 Oct 21 Sept…
Lending Rates (October 15, 2007)
as of 9 a.m. ET, Oct. 9, 2007(%)
SearchGold pulls high-grade gold in Gabon
Vancouver — A long, strong gold intercept from its Bakoudou-Magnima project in Gabon, Africa, had SearchGold Resources (RSG-V) stock inching upwards on high volume recently.
Kwanika buoys Serengeti
Vancouver — Follow-up drilling by Serengeti Resources (SIR-V, SGRNF-O) on its Kwanika copper-gold project, in north-central British Columbia, returned some promising results.
Birch Mountain looking for buyer (October 15, 2007)
Birch Mountain Resources (BMD-T, BMD-X) has appointed a financial advisor to help assess “strategic alternatives” for the tar sands aggregate producer and former prairie gold explorer.
Courts approve New West takeover (October 15, 2007)
Fronteer Development Group (FRG-T, FRG-X) and New West Gold have obtained court approval for Fronteer’s takeover of New West, and the acquisition closed on Sept. 24.
Rusoro buys Gold Fields’ Venezuelan portfolio
Vancouver – Rusoro Mining (RML-V, RMLFF-O) is jumping to producer status in a deal to purchase all of Gold Fields’ …
Canadian Royalties moves Nunavik Nickel project toward construction, expansion
Kangiqsujuaq, Que. – A stone figure peers down at the cluster of tents and stacked crates of drill core samples, kn…
DMS plant saves Hudson cash in Greenland
The economics of Hudson Resources (HUD-V, HUDRF-O) diamond hunt in western Greenland improved last month with the …
CanAlaska gets $19 million from Korea consortium for Cree East
Vancouver – A consortium of Korean energy and natural resource companies is investing $19 million in CanAlaskas (C…
Protestors stop Salazar’s drills in Ecuador
Salazar Resources (SRL-V) tumbled on the market after protestors ran over its gold and silver exploration operation…