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DIVIDENDS (July 26, 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 monthly div of 0.025 starting in Ju…


LENDING RATES (July 26, 2010)

as of 9 a.m. ET. July 20, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.75 Canadian Prime 2.50 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….


INTERNATIONAL QUOTES (July 26, 2010)

Australia (A$) July 20 July 13 Change Aquila Resources 7.27 7.36 -0.09 Bendigo Mining 0.20 0.20 0.00 Centennial Coal 5.93 5.90 0.03 Fortescue Res 4.13 4.26 -0.13 Iluk…


EXCHANGE RATES (July 26, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 19 July 16 July 15 July 14 July 13 US$ in C$ 1.0559 1.0551 1.0403 1.0306 1.0284 C$ in US$ 0.9471 0.9490 0.9613 0.9703 0…


Iamgold starts Essakane gold mine

Iamgold’s (IMG-T, IAG-N) first greenfield project as operator in Africa — the Essakane gold mine in northeastern Burkina Faso — has been built six weeks ahead of schedule, the company reports.


Goldgroup Mining's San Jose de Gracia gold project in Mexico.

Goldgroup advances San Jos

VANCOUVER — Newly formed Goldgroup Mining (GGA-T) is racing through a 15,000-metre drill program at the San Jos de Gracia project in Mexico, in advance of a resource update for the historic mine.


Western Lithium president Jay Chmelauskas (far right) and Dennis Bryan, senior vice-president of development (second from right) show off the Kings Valley lithium property in northern Nevada to a group of site visitors.

Western Lithium’s rare jewel: Kings Valley

SITE VISIT RENO, NEV. — Jay Chmelauskas, president of Western Lithium (WLC-V), saw the potential of lithium over five years ago. Chmelauskas, then-chief executive of Jinshan Gold Mines (JIN-T), was…


Donner rises as Xstrata advances zinc mine

VANCOUVER — Donner Metals (DON-V) shares received a big boost after Xstrata (XTA-L, XSRAF-O) announced it would begin building the Bracemac-McLeod zinc mine at the joint-ventured Matagami project, ne…


Ivanhoe, Rio clash over Oyu Tolgoi

VANCOUVER — When the asset in question is home to 81 billion lbs. copper and 46.4 million oz. gold and is expected to cost US$4.6 billion to develop, a bit of tension between its owners over financin…


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