U.S. Department of Energy plans surplus uranium sales
The U.S. Department of Energy (DOE) has announced plans to sell its surplus uranium inventory over the next nine ye…
News
North American Stock Exchange Indices (January 05, 2009)
52-week Date Dec. 22 Dec. 19 Dec. 18 Dec. 17 Dec. 16 High Low S&P/TSX-Ven Comp 692.02 699.04 700.45 723.46 723.46 2886.39 678.62 TSX Composite 8249.53 8552.00 8425.35 8724.11…
TSX Short Positions (January 05, 2009)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).
Dividends (January 05, 2009)
Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Company Div. Pay Record ($) Date Date Endeavour Financial 0.03…
Distressed Katanga To Boost Authorized Shares To 5B
All the speculation over the state of Katanga Mining’s (KAT-T, KATFF-O) finances is at an end, with a stark announcement from the company that it needs more funding on an “urgent basis” to sustain its…
TSX Venture Short Positions (January 05, 2009)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08).
Lending Rates (January 05, 2009)
as of 9 a. m. ET. Dec. 23, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Fronteer To Bid For Aurora
Fronteer Development Group (FRG-T, FRG-X) is the single largest shareholder of Aurora Energy Resources (AXU-T, AUEGF-O), with 42% of the company. Now Fronteer wants all of it — despite a three-year m…
Chinese Investment A Lifeline For Australian Miners
Perth, Western Australia– Consider the Australian mining scene of six months ago — a chronic shortage of professional and skilled workers, high wages, headhunters wallowing in fees, long waiting lis…
Aggregates And Obama’s Plan: JP Morgan Says Tread Lightly
Vancouver– U. S. President-elect Barack Obama’s talk of massive new infrastructure spending as one response to an expected recession has some investors excited about stronger demand for aggregates. M…
Jaguar Mining Finds Fair Weather In Brazil
SITE VISIT Belo Horizonte, Minas Gerais, Brazil–At a time when more than one mining company is struggling to stay afloat, Jaguar Mining (JAG-T) is a bit of fresh air. With…
Taseko Grows Gibraltar’s Copper And Moly Reserves
Vancouver — On the heels of a second expansion at the Gibraltar copper-molybdenum mine in central British Columbia, Taseko Mines (TKO-T, TGB-X) has boosted reserves at the mine by almost 30%.