Daily Metal Prices (March 23, 2009)
Date Mar. 16 Mar. 13 Mar. 12 Mar. 11 Mar. 10 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1156/1185 1156/1190 1130/1165 1125/1170 1131/1…
News
North American Stock Exchange Indices (March 23, 2009)
52-week Date Mar. 16 Mar. 13 Mar. 12 Mar. 11 Mar. 10 High Low S&P/TSX-Ven Comp 847.32 848.97 843.42 823.90 818.55 2735.30 678.62 TSX Composite 8386.71 8303.39 8282.27 8011.02 7…
TSX Warrants (March 23, 2009)
Aberdeen International (AAB. WT) — Wt buys sh @ $1 to June 6/12.
Canadian Gold Mutual Funds (March 23, 2009)
as of Jan. 31/09
Gammon Scoops Up Junior Gold Producer Capital Gold
Mexico-focused Gammon Gold (GAM-T, GRS-N) has offered to buy small-scale gold producer Capital Gold( CGC-T, CGLD-O), in an all-share deal valued at US$150.5 million.
New Dawn In Zimbabwe
New Dawn Mining (ND-T) plans to take its 100%-owned Turk gold mine in Zimbabwe out of care and maintenance and put it back into production, says the company’s president and CEO, Ian Saunders.
Hochschild Offers $22.5M For Southwestern
VANCOUVER — With its Boka troubles finally settled, Southwestern Resources (SWG-T, SWGGF-O) has found itself with a suitor: Hochschild Mining (HCHDF-O, HOC-L) has made a bid to acquire the Vancouver-…
Jaguar Financial Derails Cadiscor-Tiomin Tie-Up
A risk of legal action from Jaguar Financial (JFC-T, JGFCF-O) was enough to derail a proposed friendly merger between Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O).
Platinum Group Metals Lands Japanese Investment
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from large, quasi-governmental institutions.
M&A Kicks Up A Notch
As so often happens right after the Prospectors and Developers Association of Canada convention in Toronto, the tenth trading week of 2009 saw a surge in mergers and acquisitions activity, particularl…
Exchange Rates (March 23, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 16 Mar. 13 Mar. 12 Mar. 11 Mar. 10 US$ in C$ 1.2724 1.2749 1.2905 1.2807 1.2797 C$ in US$ 0.7859 0.7844 0.7749 0.7808 0…
Lending Rates (March 23, 2009)
as of 9 a. m. ET. March 10, 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 3…