Dynacor to roll over gold assets
Dynacor Mines (DYN-T) plans to spin off its gold assets and the market likes the call. The Montreal-based company…
News
Cadiscor drill results at Discovery project
Drilling was going so well at Cadiscor Resources (CAO-T) Discovery gold project near Lebel-sur-Quevillon in Quebec…
Giustra behind US$300 million sale of Goldcorp mines to junior
Vancouver In what looks to be a US$300 million pruning exercise, Goldcorp (G-T, GG-N) is spinning out mines in Au…
Earnings: Noranda Income Fund; Russel Metals
Earnings Summary from CNW Group. All figures in thousands except per-share figur…
Zinifex proposing takeover of Wolfden
Australian zinc producer Zinifex (ZFX-A, ZFEXF.-O) has put a cash offer of $3.90 per share on the table for Wolfden…
Tough year for De Beers
Diamond producers were faced with a challenging rough market in 2006, however, demand at the retail consumer level remained solid across the world, with an estimated growth of somewhere between 4% and…
U.S. Gold in search of the Holy Grail
Robert McEwen, chairman and CEO of U.S. Gold (UGX-T, UXG-X), looks to the recent discovery of the 8-million-oz. Cortez Hills deposit by Placer Dome (now Barrick Gold [ABX-T, ABX-N]) as the motivation …
People (February 19, 2007)
Phelps Dodge — David Elliott appointed VP of cobalt marketing for the Phelps Dodge Sales unit.
LME Warehouse Levels (February 19, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 12, 2006 (change from Feb. 5 in brackets):
Jubilee expands resource Down Under
A new resource figure for the Sinclair nickel deposit near Leonora, Western Australia, is significantly higher than the previous one.
Lending Rates (February 19, 2007)
as of 2 pm ET, Feb. 12, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
Dividends (February 19, 2007)
Company Div.($) Pay Date Record Date Falconbridge pf2 f Feb 12 Jan 31 Potash C Sask 0.15* Feb 12 Jan 22 Royal Untilites 0.08 Feb 15 Jan 31 Goldcorp 0.15…