LME Warehouse Levels (April 09, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 2, 2007 (change from March 26 in brackets):
News
Spot Prices Courtesy of Scotiabank Tuesday, April 3, 2007
Precious MetalsPrice (US$/oz.)Change
TSX Preferred Shares (April 09, 2007)
Falconbridge S2 Pr (FAL.PR.A-T) — Convertible at shldr’s optn and 14 days notice to one Series 3 preferred (FAL.PR.B-T) on five-year anniversaries from March 1/09.
International Quotes (April 09, 2007)
Australia (A$) Apr 2 Mar 26 Change Bendigo Mining 0.38 0.42 -0.04 Centamin Egypt 1.02 1.00 0.02 Emperor Mines 0.12 0.12 0.00 Kingsgate Cons. 4.71 4.89 -0.18 Lion Selection Gp…
Lending Rates (April 09, 2007)
as of 9 a.m. ET, Apr. 2, 2007(%)
Dividends (April 09, 2007)
Company Div.($) Pay Date Record Date Falconbridge pfH 0.406 Apr 1 Mar 15 Amerigo Res 0.065 Apr 4 Mar 27 Falconbridge pf2 f Apr 12 Mar 30 Sherrit Int’l 0.03…
Copper executives forecast another windfall year
Santiago, Chile — The average copper price is expected to average over US$3 a lb. in 2007 due to continued strong demand from China and Asia and the inability of producers to quickly increase supply,…
Afton, again
Vancouver — A feasibility study commissioned by New Gold (NGD-T, NGD-X) for its New Afton project near Kamloops, B.C., shows positive economics for an underground block-cave operation at the copper-g…
Dynacor to dabble in energy
Dynacor Mines (DYN-T, MSDRF-O) has signed a joint-venture agreement with two hydroelectricity companies to ensure it will have enough power to run its Huaura tungsten mill using two old hydro plants o…
Don’t be greedy, LionOre shareholders: tender those shares!
More often than not, big mergers and takeovers are announced late on Sunday evening or early Monday morning — the better to prevent an information leak and any resulting suspicious trading before the…
Growth Galore at NovaGold project
Vancouver — After tallying last year’s drill data, NovaGold Resources (NG-T, NG-X) has boosted resource estimates for its Galore Creek copper-gold deposit in northwestern British Columbia.
US Gold wraps up Nevada deals
Vancouver — A little more than a year after launching takeover bids for Nevada Pacific Gold (NPG-V, NVPGF-O), Tone Resources (tns-v, tonrf-o) and White Knight Resources (wkr-v, witnf-o), U.S. Gold (U…