CANADIAN GOLD MUTUAL FUNDS (June 30, 2008)
Featured Fund: AGF Precious Metals, as of 01/31/08 (in weighted order): Kinross Gold, Goldcorp, Yamana Gold, Inmet Mining, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, High River Gold Mines, F…
News
Red Chris back on track for Imperial Metals (June 30, 2008)
VANCOUVER–The road has never been smooth for the Red Chris copper- gold project in northwest British Columbia. Now one more obstacle is out of the way.
Formation Capital closes in on Idaho Cobalt
VANCOUVER — After eight years of red tape and US$14 million spent on permitting, Formation Capital (FCO-T, FCACF-O) is finally getting a green light for a high-purity cobalt mine 42 km west of Salmon…
Red Chris back on front burner
The week ended June 21, the 25th trading week of 2008, was highlighted by a court victory that is broadly encouraging for all juniors actively developing mines in Canada.
CNQ TRADING — JUNE 17-23, 2008 (June 30, 2008)
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 350 0.15 0.15 0.15 + 0.05 0.23 0.085 Avanti Mining AVMI 6960 0.80 0.31 0.55 …
LENDING RATES (June 30, 2008)
as of 9 a. m. ET, June 24, 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 …
Cameco enters uranium enrichment business in US
The world’s leading uranium miner, Cameco (CCO-T, CCJ-N) of Saskatoon, Sask., is joining a uranium enrichment business venture in the United States.
DIVIDENDS (June 30, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per share on $3.75* cmltv prf stk…
EXCHANGE RATES (June 30, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate)
Boom, Bust & Echo author calls for creative hiring spree
The mining industry has a five-year window to do some “creative” hiring in order to ensure a strong workforce for the future, according to renowned demographer and University of Toronto economics prof…
U. S. MARKETS JUNE 17-23
U. S. markets were weighed down by the high oil price during the June 17-23 trading session. The Dow Jones industrial Average fell 427 points, or 3.5%, to 11,842; the S&P 500 Index lost 42 points,…
TORONTO STOCK EXCHANGE JUNE 17-23
The TSX Composite Index fell 1.6% over the June 17-23 trading period, down 252.46 points to 14,691.82.