Canada’s Foreign Investment Review: The New Rules
Since 1985, acquisitions of operating Canadian mining businesses have been subject to review under the Investment Canada Act (ICA) if the acquired business exceeded certain financial thresholds.
News
Mongolian Uranium Hard To Access
The Mongolian government has extended the suspension of uranium licences for Khan Resources (KRI-T) and Western Prospector Group (WNP-V).
Belvedere’s Nickel Subsidiary Starts Bankruptcy Proceedings
Finn Nickel, a 100%-owned subsidiary of Vancouver-based junior Belvedere Resources (BEL-V), has started bankruptcy proceedings.
Toronto Stock Exchange -July 21-27
The S&P/TSX composite index continued its climb back towards respectability over the July 20-27 reporting period, gaining roughly 200 points to finish at 10,757.43. That advance came alongside a s…
TSX Venture Exchange -July 21-27
The S&P/TSX Venture composite index started the July 21-27 reporting period with a small loss and then managed four days of gains to close up 28.95 points at 1,147.04. Daily trading volumes remain…
U.S. Markets -July 21-27
Despite mixed signals on the economy, the rally in U. S. stocks continued during the July 21-27 reporting period with the Dow Jones Industrial Average climbing 192.57 points or 2.16% to finish at 9,10…
Producer And Dealer Prices (August 03, 2009)
Antimony: Mid-mkt US$4,850/t. Bismuth: Mid-mkt US$6.45/lb. Cadmium: Mid-mkt US$1.51/lb. Coal: EIA Central Appalachian thermal, US$52.30/T; Powder River Basin thermal, US$8.75/T; Northern Appalachian…
Spot Prices (August 03, 2009)
Spot Prices
Lme Warehouse Levels (August 03, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 28, 2009 (change from July 21 in brackets): Aluminium Alloy 88400 (+60) Aluminium 4550250 (-5100) Copper 27…
Daily Metal Prices (August 03, 2009)
Date July 27 July 24 July 23 July 22 June 21 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1650/1700 1655/1680 1550/1600 1530/1555 1515/1…
Canadian Gold Mutual Funds (August 03, 2009)
Fund name July 27 July 13 Change Change YTD MER* Assets* ($) ($) ($) (%) (%) (%) (M$) AGF Pr Mtl 23.20 21.55 1.65 7.7 27.75 2.60 540.4 Altamira Pr & Str Mtl 10.87 10.11 0.7…
North American Stock Exchange Indices (August 03, 2009)
52-week Date July 27 July 24 July 23 July 22 July 21 High Low S&P/TSX-Ven Comp 1147.05 1143.95 1137.79 1123.45 1114.64 2239.74 678.62 TSX Composite 10757.43 10687.90 10675.68 …