DIVIDENDS (June 21, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.75* div on it $3.75* cmltv pr stock on July 1, rec June 11. Franco-Nevada will start paying a semi-annual div…
Volume 96 Number 18 - Jun 21 - 27, 2010
LENDING RATES (June 21, 2010)
as of 9 a.m. ET. June 8, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.25 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…
INTERNATIONAL QUOTES (June 21, 2010)
Australia (A$) June 8 June 1 Change Aquila Resources 8.3 9.04 -0.74 Bendigo Mining 0.22 0.22 0.00 Centennial Coal 4.21 4.11 0.10 Fortescue Res 3.92 4.04 -0.12 Iluka R…
EXCHANGE RATES (June 21, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 14 June 11 June 10 June 9 June 8 US$ in C$ 1.0253 1.0333 1.0337 1.0395 1.0518 C$ in US$ 0.9753 0.9678 0.9674 0.9620 0.9…
Salazar restarts drilling at Curipamba
Salazar Resources (SRL-V) is back in the game in Ecuador, and has the drills turning at its Curipamba project, which is a gold-rich volcanogenic massive sulphide (VMS) camp.
Cliffs goes after Spider
Iron ore and coal giant Cliffs Natural Resources (CLF-N) has raised its offer for Spider Resources (SPQ-V) by 27% to $109 million, putting a wrench in Spider’s plans to merge with KWG Resources (KWG-V…
Silver Standard completes Snowfield’s prelim assessment
Silver Standard Resources (SSO-T, SSRI-Q) already has the largest published in-ground silver resource of all publicly-traded silver companies with projects throughout Argentina, Peru, Mexico, Canada, …
Avalon soars on updated REE resource
Shares of Avalon Rare Metals (AVL-T, AVARF-O) rose 11.2% or 23¢ apiece to close at $2.28 on news that an updated resource estimate for its Nechalacho deposit at Thor Lake in Canada’s Northwest Te…
New Gold ups Q1 production by 41% (June 21, 2010)
New Gold (NGD-T, NGD-X) showed huge improvements during the first quarter of 2010, significantly increasing gold production and decreasing cash costs compared to the same period in 2009.
New Pacific updates HNK resource
An updated resource estimate for the HNK gold project in southern China failed to impress shareholders, with shares of New Pacific Metals (NUX-V, NUXFF-O) dropping a penny or 1.5% to close at 67¢…
NMC Resource mines South Korean moly
Molybdenum prices are trading at US$17.10 per lb. and NMC Resource (NRC-V), which owns 100% of a producing molybdenum mine in South Korea, thinks it’s a good time to be investing in the metal.