Dividends (December 10, 2007)
Company Div.($) Pay Date Record Date Endeavour Min Cap 0.015 Nov 30 Nov 26 Inmet Mining 0.10 Dec 15 Nov 30 Barrick Gold 0.15* Dec 17 Nov 30 Newmont Mining…
2007
Big money keeps on rolling in (December 10, 2007)
Vancouver — Despite the recent bearish trend in mining indices, financings continue to abound with exploration companies still attracting plenty of capital.
Exchange Rates (December 10, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Editorial: Galore Creek blues
The week ended Nov. 30, the 48th week of 2007, saw British Columbia’s mining sector rattled by bombshell news that NovaGold Resources and Teck Cominco are mothballing development of their Galore Creek…
Anglo American CEO sees ‘solid’ metals outlook in ’08
Beijing, China–In her keynote speech at the recent China Mining Conference here, Anglo American (AAUK-Q, AAL-L) chief executive Cynthia Carroll highlighted key trends — and concerns — in the mining…
Peregrine finds diamondiferous pipes at Nunuq
Vancouver — A little arctic sparkle has boosted shares of Peregrine Diamonds (PGD-T) after drilling on its Nanuq project, in Nunavut, turned up a trio of diamondiferous kimberlite pipes.
The China factor
Beijing, China–China’s insatiable appetite for iron ore has been a major factor behind the recent enormous price increases and profits in the global iron ore industry.
Quebec exploration on the rise
Facts ‘N’ Figures
Daily Metal Prices (December 10, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (December 10, 2007)
Antimony : Mid-mkt US$5,570/t.
Copper-hungry Sherwood taking over Western Keltic (December 10, 2007)
Vancouver — Fresh off the success of its newly opened and already growing Minto mine, Sherwood Copper (SWC-V, SWOPF-O) has launched a friendly takeover bid for Western Keltic Mines (WKM-V, WLKTF-O) i…
After surviving DRC’s dog days, Banro nears its payday
SITE VISIT Bukavu, Democratic Republic of the Congo — Flying over lush green folds of land in the eastern Congo, the village huts below, surrounded by groves of banana trees,…