CVRD buys Aussie coal miner
Iron ore giant Companhia Vale do Rio Doce (RIO-N) has bought coal company AMCI Holdings Australia for $769 million.
News
Canadian Gold Mutual Funds (March 19, 2007)
Fund name Mar.12($) Mar.5($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 27.41 29.75 -2.34 -7.9 2.5 2.63 556 Altamira Pr & Str Mtl 12.82 13.98 -1.16 -8.3 -1.1 2.67…
International Quotes (March 19, 2007)
Australia (A$) Mar 12 Mar 5 Change Bendigo Mining 0.28 0.31 -0.03 Centamin Egypt 0.98 0.92 0.06 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.09 0.09 0.00 Kingsgate Cons. 4016.00…
Aurogin, Morgain to merge
Two Latin American-focused Canadian gold juniors, Aurogin Resources (AUQ-V, AROG-O) and Morgain Minerals (MGM-V, MGIMF-O), are teaming up via a friendly “merger of equals.”
Dividends (March 19, 2007)
Company Div.($) Pay Date Record Date Phelps Dodge 0.20* Mar 2 Feb 16 Randgold 0.10 Mar 8 Feb 16 Falconbridge pf2 f Mar 12 Feb 28 Falconbridge pf2 0.286 Mar…
Lending Rates (March 19, 2007)
as of 9 a.m. ET, Mar. 13, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
BID-ASK — March 6-12, 2007
STOCK EXC BID ASK LAST HIGH LO AfriOre Ltd T 8.72 8.75 8.72 8.80 0.001 Agau Res V 0.40 0.445 0.50 0.66 0.30 American G Cap V 2.70 2.72 2.72…
New Horizons: By the book
The Prospectors and Developers Association of Canada (PDAC) has published Sustainable Development and Corporate Social Responsibility: Tools, codes and standards for the mineral exploration industry.
AMEC engineer wins award
AMEC’s (AMEC-L) Peter Lighthall recently received one of the Engineering Institute of Canada’s highest honours at an awards ceremony in Ottawa.
Diagem thinks pink in Brazil (March 19, 2007)
Vancouver — Junior diamond hunter Diagem (DGM-V, DGMRF-O) has bought a 9.3-carat pink diamond recovered by an artisanal miner, or garimpeiro, on its Property 370/98 in Mato Grosso state, Brazil.
Eldorado gets Chinese gold mining permit (March 19, 2007)
Vancouver — Eldorado Gold (eld-t, ego-x) recently became the first North American gold producer to be granted a Chinese mining certificate, allowing its Tanjianshan mine to advance to “official” prod…
Sabina likes Hackett River preliminary economics (March 19, 2007)
Vancouver — Aspiring Nunavut silver-zinc producer Sabina Silver (SBB-V, SBBFF-O) moved another step forward with a positive preliminary economic assessment (PEA) on its Hackett River project, located…