U. S. Markets – FEB. 3-9
U. S. markets were buoyed during the five-day trading period ended Feb. 9, as the U. S. Senate reached a deal on a massive stimulus bill on Friday, Feb. 6. (It later approved the package in a vote of …
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Toronto Stock Exchange – FEB. 3-9
The job picture on both sides of the Canada-U. S. border continued to deteriorate in January, with 598,000 U. S. jobs lost, and 129,000 fewer jobs in Canada. The unemployment rate stateside rose to 7….
Exchange Rates (February 16, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 US$ in C$ 1.2192 1.2389 1.2303 1.2266 1.2337 C$ in US$ 0.8202 0.8072 0.8128 0.8153 0.8106…
TSX Venture Exchange – FEB. 3-9
The S&P/TSX Venture composite index broke 900 points for only the third time since mid-November during the Feb. 3-9 trading period, closing the week up 28.28 points at 901.1. Daily trading volumes…
Dividends (February 16, 2009)
Note:Xstrata PLC subsidiary, Xstrata Canada is sending a notice of redemption for all outstanding Cmltv prf sh, series 3, redeemable Mar 1 for $25 each in cash, plus accruded and unpaid dividends. Alc…
Fortuna Silver Production On The Rise
After increasing silver production by 85% in 2008, Fortuna Silver Mines (FVI-V, FVITF-O) is planning to keep the trend going with an 80% rise this year.
Daily Metal Prices (February 16, 2009)
Date Feb. 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1085/1120 1099/1130 1071/1110 1060/1100 1045/1076 A…
North American Stock Exchange Indices (February 16, 2009)
52-week Date Feb 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 High Low S&P/TSX-Ven Comp 901.10 909.34 898.22 890.05 869.25 2814.88 678.62 TSX Composite 9047.28 9008.02 8860.98 8693.09 862…
Federal Court Rules For Barrick In Cortez Hills Case
A U. S. judge has ruled against a preliminary injunction that would have halted construction at Barrick Gold’s (ABX-T, ABX-N) Cortez Hills gold project in eastern Nevada, disappointing groups who oppo…
TSX Venture Short Positions (February 16, 2009)
Short positions outstanding at Jan. 31/09 (with changes from Jan. 15/09).
Century Mining Digs Up $66M Financing
Century Mining (CMM-V, CMNZF-O) has joined a growing group of mining companies trying to weather the financial storm through alternative financing solutions.
Bidding War Erupts For Frontera Copper
A bidding war is emerging for Frontera Copper (FCC-T, FRCPF-O) that is pitting the Invecture Group against Southern Copper Corp. (PCU-N).