Dividends (December 11, 2006)
Company Div. Pay Record ($) Date Date Russel Metals 0.40 Dec 15 Nov 15 Barrick Gold 0.11* Dec 15 Nov 30 Alcan 0.20* Dec 20 Nov 20 Noranda Incm Fd…
News
Lending Rates (December 11, 2006)
as of 4 pm ET, Dec. 4, 2006 (%) 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…
Coal train gaining momentum
Vancouver — Canadian coal producers, eyeing forecasts of rising consumption in Asia, are gearing up to take advantage of buoyant prices by expanding their thermal and coking coal operations within th…
The looming staff crunch for mining companies
Slow times in mining over the past couple of decades have changed into a time of high activity, buoyed by strong demand for commodities. As mining companies contemplate their next projects, they may b…
NAP posts better Q3
Production performance from the problem-plagued palladium producer Lac des les improved for the third successive quarter, owner North American Palladium (PDL-T, PAL-X) reports.
HudBay budgets $45M on exploration, development
As part of a plan to develop marginal deposits while metal prices are high, HudBay Minerals (HBM-T) will spend $8.5 million on a program of infill drilling, a bulk sample and a feasibility study on th…
Barrick’s bid for NovaGold expires
Vancouver — With the clock ticking down on its US$16.00-per-share bid for control of NovaGold Resources (NG-T, NG-X) at presstime, Barrick Gold (ABX-T, ABX-N) appears likely to become nothing more th…
Editorial: Mining and CSR, Part II
In Part I last week, we began our look at how three high-profile accidents at Canadian-operated mines in the mid-1990s provoked fundamental changes in the Canadian mining industry, and focused on a sp…
No substitute for common sense
Mining Explained
Suppliers News (December 11, 2006)
European auto emissions catalyst for Inco joint venture
Cameco moves on Cigar Lake solution
Vancouver — Cameco (CCO-T, CCJ-N) has started remediation work at its 50%-owned Cigar Lake uranium project in northern Saskatchewan’s Athabasca basin, where a major flooding event in late October fil…
Juniors take over New Britannia (December 11, 2006)
Vancouver-based juniors Garson Resources (GARR-C) and Piper Capital (PCL-V) have agreed to acquire the dormant New Britannia gold mine in Snow Lake, Man., from Kinross Gold (K-T, KGC-N) and High River…