The week ended Sept. 20, the 38th trading week of 2008, was one for the financial history books. Even veteran market participants have been taken aback by the swift collapse of the U. S. subprime mort…
COMMENTARY — The following is a statement made by U. S. Treasury Secretary Henry Paulson Jr. in Washington, D. C., on Sept. 19 with respect to the crisis in the…
Amsterdam-based consulting company Bateman Engineering has been contracted to produce prefeasibility work for Poseidon Nickel’s (PSDNF-O, POS-a) Windarra nickel project, 17 km northwest of Laverton, i…
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08).
as of Sept. 8/08
While there was some controversy at a recent public meeting in Toronto on changes to Ontario’s Mining Act, there was also a great deal of consensus — especially on the need for consultation with Firs…
VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE Gowest Amalg GWA 45 0.10 0.09 0.10 +150.0 Ross River Mnl RRM 562 0.10 0.03 0.10 +150.0 Dynasty Gold DYG 440 0.05 0.03 0…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 23, 2008 (change from Sept. 16 in brackets):
St Andrew Goldfields’ (SAS-T, SASXF-o) goal of re-igniting mining at the former Holt and Holloway mines just east of Matheson, in northern Ontario, is getting ever closer.
Vancouver — Copper Fox Metals (CUU-V, CPFXF-o) has both upped the size and doubled the capital cost of its Schaft Creek, copper-gold project, about 300 km north of Prince Rupert, B. C., with the rele…
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 US$ in C$ 1.0382 1.0470 1.0701 1.0783 1.0734 C$ in US$ 0.9632 0.9551 0.9345 0.927…
as of 9 a. m. ET, Sept. 23, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …
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