News

Shear rolls back shares and changes name

At the opening bell on December 30, Shear Minerals will begin trading on a consolidated basis under the new name of Shear Diamonds (SRM-V). At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1…


Blue Note gets extension on Croinor acquisition

Blue Note Mining (BNT-V) has three more months to tie up its acquisition of First Gold Exploration’s (EFG-V) stake in the Croinor gold project and the Matchi-Manitou property. The deal was originally announced in July with the closing date set…


2010: The year of the deal

After surviving a devastating 2009 characterized by plummeting commodity prices, sweeping cutbacks and ailing financial markets, the mining industry enjoyed a cautious recovery in 2010, powered by higher metals prices and strong mineral demand…


DAILY METAL PRICES (December 27, 2010)

Date Dec. 13 Dec. 10 Dec. 9 Dec. 8 Dec. 7 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2270/2235 2265/2220 2275/2240 2240/2210 2240/2215 …


CANADIAN GOLD MUTUAL FUNDS (December 27, 2010)

Featured Fund: TD Presious Metals as of 08/31/10 (in weighted order): Goldcorp, Kinross Gold, Barrick Gold, Agnico-Eagle Mines, Romarco Minerals, Freeport McMoran, Osisko Mining, Semafo, Silver Wheato…





DIVIDENDS (December 27, 2010)

Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…


LENDING RATES (December 27, 2010)

as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….


INTERNATIONAL QUOTES (December 27, 2010)

Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …


EXCHANGE RATES (December 27, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec 13 Dec 10 Dec 9 Dec 8 Dec 7 US$ in C$ 1.0046 1.0093 1.0098 1.0099 1.0093 C$ in US$ 0.9954 0.9908 0.9903 0.9902 0.9908 EX…


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