News

DAILY METAL PRICES (November 15, 2010)

Date Nov. 8 Nov. 5 Nov. 4 Nov. 3 Nov. 2 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2270/2240 2270/2245 2240/2235 2255/2220 2240/2215 A…






DIVIDENDS (November 15, 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 (November 15, 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 (November 15, 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 (November 15, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 8 Nov 5 Nov 4 Nov 3 Nov 2 US$ in C$ 1.0022 1.0015 1.0024 1.0092 1.0099 C$ in US$ 0.9978 0.9985 0.9976 0.9909 0.9902 EXCH…


Avion posts Vindaloo resource

Avion Gold (AVR-V, AVGCF-O) has completed an initial resource estimate for the Vindaloo zone of its recently acquired Hounde gold property, about 250 km southwest of Burkina Faso’s capital, Ouagadougo…


Core drilling at Citadel Resource Group's Jabal Sayid copper-gold development project in western Saudi Arabia.

Equinox turns to Saudi Arabia

Equinox Minerals (EQN-T, EQN-A) wants to cement its position as a leading independent pure-play copper producer and it believes its $1.25-billion friendly takeover offer of Citadel Resource Group (CGG…


Midland posts new assays for Ytterby REE project

A report in The New York Times that China is further restricting exports of rare earth elements (REE) starting from Oct. 19 plays into the hands of juniors exploring for the valuable minerals in Canad…


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