Exchange Rates (July 23, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
News
Dividends (July 23, 2007)
Company Div.($) Pay Date Record Date Sherritt 0.03 July 13 June 29 Yamana 0.01* July 16 June 26 Fording 0.65 July 16 June 29 Royal Gold 0.065 July 20 July…
Lending Rates (July 23, 2007)
as of 9 a.m. ET, July 17, 2007(%)
Kakanda signs Otish deal
Shares in Kakanda Resources (KRC-V, KRCFF-O) rose 50% in one day on the company’s recent announcement of a change in focus to four new Otish basin uranium properties in Quebec.
Share the wealth
Commentary A recently published discussion paper has convinced the Prospectors and Developers Association of Canada board of directors to approve the principle of federal and provincial governments sharing natural resource…
Alcan’s Canadian history
1900 — A contract for hydroelectric power is signed with Shawinigan Water & Power Co. in Shawinigan, Que. A year later, the first ingot, weighing 716 kilograms, is produced.
Panel formed to review foreign investment
On the heels of London-based Rio Tinto’s (RIO-N, RIO-L) friendly takeover bid for Montreal-based Alcan (AL-T, AL-N), comes news that the federal government will create a Competition Policy Review Pane…
New resource tally at Getty South (July 20, 2007)
Vancouver – Recently emerging from a prolonged round of litigation, Getty Copper (GTC-V, GTCDF-O) has tabled an upd…
Pallinghurst brings new offer for Consmin (July 20, 2007)
The board of Australian manganese and chrome producer Consolidated Minerals (CNM-L, CSM-A) has recommended a revise…
Golden Chalice dives 20% on third Langmuir hole
Golden Chalice Resources (GCR-V) saw its stock plunge by 20% in morning trading after results released yesterday fr…
Cream rises on Manitoba nickel intercept (July 19, 2007)
Vancouver – Cream Minerals’ (CMA-V, CRMXF-O) first test hole on its Wine-Radar Lake property in northern Manitoba l…
Southwestern has a problem
Southwestern Resources (SWG-T) has cautioned that results it had previously announced from the Boka gold project in…