Denison Records US$80M Loss
VANCOUVER — The economic downturn has hit the uranium market hard and Canadian producer Denison Mines (DML-T, DNN-X) is feeling the pinch. In recent months, the company reported a 2008 loss of US$80….
2009
Ventana Extends La Mascota To 725 Metres, Raises $6M
When the first set of drill results from Ventana Gold’s (VEN-T) La Bodega gold project in Colombia came in, CEO Richard Warke says no one could believe it.
ABB To Supply Electrical Gear For Vale Plant
Power and automation supplier ABB (ABB-N) has signed a US$62- million deal with Vale (RIO-N) to supply electrical equipment to the company’s Oman Industrial Complex project, in the Middle Eastern coun…
Chinese Company To Buy Western Prospector
A Hong Kong-listed company with links to China National Nuclear Corp. — China’s former Ministry of Nuclear Industry, which built the country’s first atom bomb — wants to buy Western Prospector Group…
TSX Venture Short Positions (April 13, 2009)
Short positions outstanding at Mar. 31/09 (with changes from Mar. 15/09).
Dividends (April 13, 2009)
Note:Vale will pay $0.4795 for all shares on Apr 30 and Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diamond have also suspended t…
Uranium Days Over In BC, Again
VANCOUVER– The prospect of uranium mining in B. C. received a final blow in March, as the provincial government moved to prohibit the chief mine inspector from issuing uranium and thorium exploration…
Temporary Shutdowns Planned For Diavik
To deal with a global drop in diamond demand, Rio Tinto (RTP-N, RIO-L) is planning two shutdowns at the Diavik mine in the Northwest Territories in the coming months, as well as further delays to the …
U. S. Markets – March 31-April 6
U. S. equity markets rallied during the Mar. 31-Apr. 6 reporting period, with the Dow-Jones Industrial Average up 454 points, or 6%, to 7,976, the S&P 500 index adding 48 points, or 6.1%, to 835, …
Forsys Takeover Deal May Be On The Ropes
It’s been a wild ride for Forsys Metals (FSY-T, FOSYF-O) shareholders since George Forrest International Afrique (GFI) said it would need more time to pay up for the company and its Valencia uranium d…
TSX Short Positions (April 13, 2009)
Short positions outstanding at Mar. 31/09 (with changes from Mar. 15/09).
Exchange Rates (April 13, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 6 Apr. 3 Apr. 2 Apr. 1 Mar. 31 US$ in C$ 1.2429 1.2337 1.2384 1.2643 1.2602 C$ in US$ 0.8046 0.8106 0.8075 0.7910 0.793…