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…
News
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….
Gold Prices To Fall: GFMS
While there were no startling revelations at a recent presentation of GFMS’s Gold Survey 2009, the precious metals consultancy that has been one of the most accurate forecasters of gold prices painted…
Caledonia, New Dawn Resuming Gold Mining In Zimbabwe
Caledonia Mining (CAL-T, CMCL-L) suspended gold production in Zimbabwe last October because it was never paid for the gold it delivered to the country’s central bank.
Miners Cast Wary Eye On Indonesia
Despite being home to some of the world’s more robust gold deposits, mining in Indonesia is in a state of upheaval.
International Quotes (April 20, 2009)
International Quotes Australia (A$) April 14 April 7 Change Bendigo Mining 0.25 0.25 0.00 Kingsgate Cons. 5.00 5.26 -0.26 Lion Selection Ltd 0.94 0.95 -0.01 Newcrest Mining …
PEOPLE (April 20, 2009)
Adanac Molybdenum– Christopher Kirby appointed president and CEO; Roger Taylor appointed chairman replacing Peter R. Jones.