Freeport McMoRan a ‘buy’ for Citibank
Despite concerns that the government of the Democratic Republic of the Congo (DRC) will take more cash and a greater share of the massive Tenke Fungurume project, Freeport-McMoRan Copper & Gold’s …
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NORTH AMERICAN STOCK EXCHANGE INDICES (September 22, 2008)
52-week Date Sept. 15 Sept. 12 Sept. 11 Sept. 10 Sept. 9 High Low S&P/TSX-Ven Comp 1534.81 1607.53 1563.82 1596.73 1621.26 3192.55 1531.07 TSX Composite 12254.03 12769.58 12612…
TSX VENTURE EXCHANGE SEPT. 9-15
The S&P-TSX Venture Composite Index has not been spared from the market slaughter of late, losing 236.82 points over the Sept. 9-15 trading session to close at 1,534.81. For reference: less than a…
TORONTO STOCK EXCHANGE SEPT. 9-15
The downward market momentum continued over the Sept. 9-15 trading period; the TSX Composite Index plunged a further 3% to make a total loss of 11% since the beginning of the month. The benchmark clos…
Welcoming Lunch Featured Speaker
David Harquail is President, CEO and a Director of Franco- Nevada Corporation. He was a senior executive of Old Franco- Nevada from 1987 to 2002 and served as President and Managing Director of Newmon…
TSX VENTURE SHORT POSITIONS (September 22, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08).
CANADIAN GOLD MUTUAL FUNDS (September 22, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
Scorpio hits high grade at Nuestra Senora (September 22, 2008)
VANCOUVER — Underground drill at the Nuestra Senora mine in Mexico is returning bonanza intercepts for Scorpio Mining (SPM-T, SMNPF-O).
LME WAREHOUSE LEVELS (September 22, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 16, 2008 (change from Sept. 9 in brackets):
TSX SHORT POSITIONS (September 22, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08). 4096432 1511055 1315354 1241900 1032021
LENDING RATES (September 22, 2008)
as of 9 a. m. ET, Sept. 16, 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 …
Bear Creek boosts Santa Ana silver (September 22, 2008)
VANCOUVER — A new resource estimate for Bear Creek Mining’s (BCM-V, BCEKF-O) Santa Ana silver deposit in southern Peru has almost tripled measured and indicated resources.