Dividends (May 28, 2007)
Company Div.($) Pay Date Record Date Consol Energy 0.07* May 25 May 4 Goldcorp 0.0.015*May 25 May 18 McChip Res 0.05 May 30 May 23 Falconbridge S3 0.29 June 1…
News
Resource nationalism
Among the challenges facing the mining industry in the 21st century is the resurgence of resource nationalism.
Grieco Brothers Killed in Plane Crash
Brothers Frank and Joe Grieco, principals of Oshawa, Ont.-crusher manufacturer PR Engineering, died in a small plane when it crashed attempting to land at an airstrip in Dunkirk, N.Y.
Bid-Ask — May 15-21, 2007
STOCK EXC BID ASK LAST HIGH LO Agau Res V 0.40 0.46 0.43 0.66 0.30 Allied Nevada T 5.31 5.49 5.35 6.50 4.50 Andean Res T 0.60 0.70 … 0.69…
Gold Reserve Closes US$164M Financing
Vancouver — Gold Reserve (GRZ-T, GRZ-X) has closed a US$164.2-million financing announced in early May, paving the way for construction to begin at its major holding, the Brisas gold-copper project i…
People (May 28, 2007)
Alma Res. — Clint Sharples appointed director.
Orko Thinks Martha Vein Intercept a Good Thing
Vancouver — Recent drill results from Orko Silver’s (OK-V, OKOFF-O) La Preciosa project in Durango state, Mexico, which cut a number of mineralized intercepts, have the company optimistic about boost…
Zinifex Gets 95% of Wolfden
Zinifex (ZFEXF-O, ZFX-A) plans to make a compulsory acquisition of the remainder of Wolfden Resources (WLF-T, WLFFF-O), now that 95% of the shares have been tendered.
Teck Cominco Digs Oilsands
Vancouver — Since entering into its first oilsands investment in late 2005, Teck Cominco (TCK.B-T, TCK-N) seems to be developing a taste for the petroleum side of the resource industry. The Vancouver…
Statoil Moves Into Oilsands With NAOS Takeover
It’s the hollowing out of Canadian private equity: North American Oil Sands, owned by Paramount Resources (POU-T, PRMRF-O), the Ontario Teachers’ Pension Plan, and a number of energy funds, has agreed…
Spot Prices Courtesy of Scotiabank Tuesday, May 22, 2007
Precious Metals Price (US$/oz.) Change Gold $663.50 -3.50 Silver $13.07 +0.05 Platinum $1299.00 -24.00 Palladium $374.00 +14.00 Base Metals Price (US$/lb.) Change Nickel $24.37 +0.24 Lead $0.98 +0.05 Copper $3.43…
Buenaventura knocks out more hedges (May 25, 2007)
Minas Buenaventura (BVN-N) has bought out its 2009 gold hedging commitments, removing another 248,000 oz. from its …