Vale Inco to halt Sudbury operations for eight weeks
Vale Inco, a subsidiary of Vale (RIO-N), is shutting down its nickel mining and processing facilities in Sudbury, O…
News
Bear Creek posts strong scoping study for Santa Ana in Peru
Bear Creek Mining’s (BCM-V) Santa Ana deposit in southern Peru will be a pure silver producer averaging 4.6 million…
Goldsource Falls On Border Coal Results
VANCOUVER — Investors battered the share price of Goldsource Mines (GXS-V, GXSFF-O) after it released its latest coal intercepts from the Border property in Saskatchewan.
Canadian Gold Mutual Funds (April 20, 2009)
Featured Fund: CIBC precious metals as of 01/31/09 (in weighted order): Kinross Gold, Agnico-Eagle Mines, Goldcorp, Barrick Gold, Randgold Resources, Yamana Gold, Newmont Mining, Compania Minas Buenav…
Rusoro Denied Appeal In Blocked Bid For Gold Reserve
VANCOUVER — The Ontario Superior Court of Justice has denied Rusoro Mining (RML-V, RMLFF-O) permission to appeal an injunction blocking its hostile takeover bid for Gold Reserve (GRZ-T, GRZ-X), handi…
Proposed ETFs Juice PGM Market
Dovetailing with the recent rebound in base metals, platinum and palladium prices posted six-month highs during the holiday-shortened, fourteenth trading week of the year. Since New Year’s Eve, platin…
Khan’s Dornod Returns Positive Feasibility
A definitive feasibility study on Khan Resources’ (KRI-T, KHRIF-O) Dornod uranium project in Mongolia estimates an after-tax internal rate of return (IRR) of 29.1%.
JP Morgan Bearish On Coal
It’s that time of the year again — when companies settle coal contracts.
Yukon-Nevada Sorts Out Jerritt Canyon Mess
After a year of addressing environmental and operational issues, Yukon-Nevada Gold (YNG-T) is finally able to restart milling at its Jerritt Canyon mine in northeastern Nevada’s Elko Cty.
Dividends (April 20, 2009)
Note:Vale will pay $0.4795 for all shares on Apr 30 and Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diamond have also suspended t…
Lending Rates (April 20, 2009)
as of 9 a. m. ET. April 14, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.50 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime…
Exchange Rates (April 20, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 13 Apr. 10 Apr. 9 Apr. 8 Apr. 7 US$ in C$ 1.2212 Holiday 1.2274 1.2354 1.2341 C$ in US$ 0.8189 Holiday 0.8147 0.8095 0….