All the speculation over the state of Katanga Mining’s (KAT-T, KATFF-O) finances is at an end, with a stark announcement from the company that it needs more funding on an “urgent basis” to sustain its…
as of 9 a. m. ET. Dec. 23, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Vancouver– U. S. President-elect Barack Obama’s talk of massive new infrastructure spending as one response to an expected recession has some investors excited about stronger demand for aggregates. M…
It was remarkable year for the mining industry, as we witnessed a commodities boom in the first quarter turn into a bust by the fourth, all against the backdrop of a steadily worsening global financia…
Luna Gold (LGC-V, LGCU-O) struck some promising results at its Cachoeira gold project in northeastern Brazil as it wrapped up its drill program for the year.
as of Sept. 31/08
Over the abbreviated Dec. 19-22 trading session, it looked like Santa Claus wouldn’t be coming to the Toronto Stock Exchange this year. The S&P/TSX composite index fell 175.82 points, or 2.1%, to …
Over the trading session covering Dec. 19-22, the S&P/TSX Venture composite index lost 8.43 points to close at 692.02. Daily trading volumes were good, averaging out to 109 million.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 23, 2008 (change from Dec. 16 in brackets):
Spot Prices COURTESY OF SCOTIABANK Tuesday, Dec. 23, 2008 Precious Metals Price (US$/oz.) Change Gold $846.00 +12.50 Silver $10.70 +0.20 Platinum $855.00 +22.00 Palladium $173.00 -2.00…
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 22 Dec. 19 Dec. 18 Dec. 17 Dec. 16 US$ in C$ 1.2188 1.2275 1.1965 1.2058 1.2239 C$ in US$ 0.8205 0.8147 0.8358 0.8293 0…
Australia (A$) Dec 23 Dec 19 Change Bendigo Mining 0.15 0.16 -0.01 Kingsgate Cons. 3.09 2.80 0.29 Lion Selection Ltd 0.73 0.73 0.00 Newcrest Mining 32.40 33.50 -1.10 …
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