Lending Rates (September 03, 2007)
as of 9 a.m. ET, August 14, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.50 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
News
International Quotes (September 03, 2007)
Australia (A$) Aug 13 Aug 6 Change Bendigo Mining 0.32 0.32 0.00 Centamin Egypt 1.25 1.25 0.00 Emperor Mines 0.10 0.12 -0.02 Kingsgate Cons. 5.00 4.75 0.25 Lion Selection Ltd…
Southwestern Sues Ex-CEO
Vancouver — An audit by Southwestern Resources (SWG-T, SWGGF-O) and an independent mining consultant on drill results from the Boka gold project appear to show that the data was deliberately tampered…
Dividends (September 03, 2007)
Company Div.($) Pay Date Record Date Alcoa 0.17* Aug 25 Aug 3 Goldcorp 0.015* Aug 24 Aug 17 Noranda IF 0.085 Aug 27 July 31 Cleveland Cliffs 0.125* Sept 4…
Aurogin, Morgain Create Castle Gold
Shareholders of both Aurogin Resources (AUQ-V, AROG-O) and Morgain Minerals (MGM-V, MGIMF-O) have voted overwhelmingly to a merger of equals of the two junior gold companies under an agreement struck …
Meridian Says It’s Better Off Alone
Meridian Gold (MNG-T, MDG-N) has rejected Yamana Gold’s (YRI-T, AUY-N, YAU-L) revised offer for the company on the basis that it still doesn’t provide value to shareholders.
BID-ASK — August 21-27, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.28 0.425 0.35 0.55 0.265 Allyn Res V 0.055 0.065 0.065 0.14 0.06 Andean Am Mng V 0.67 0.71…
GlobeStar Drills Nickel Laterites
Vancouver — Drilling into nickel laterites in the Dominican Republic is returning good grades for GlobeStar Mining (GMI-T).
People (September 03, 2007)
Adex Mining — Norman Betts appointed director; Rich Morrow appointed head of investor relations.
Yukon Zinc Pulls in US$140M for Wolverine
Vancouver — In a significant step towards financing the polymetallic Wolverine project, Yukon Zinc (YZC-V, YZCCF-O) has secured a US$140-million senior debt facility from Barclays Capital.
Tamerlane to Revive Pine Point
Vancouver — Tamerlane Ventures (TAM-V, TMLVF-O) is poised to develop a new mine on the site of one of Canada’s most successful base metals mines, with a positive feasibility study and updated reserve…
Update: Congo helps sink Central African’s bid for Katanga
Only two days after launching an all-share bid to take over Katanga Mining (KAT-T), Central African Mining & Explor…