DIVIDENDS (April 28, 2008)
Note: Xstrata will pay its pref sh series 3 div of $0.2862 on June 2, rec May 15. Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay $0.9367* …
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EXCHANGE RATES (April 28, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 21 April 18 April 17 April 16 April 15 US$ in C$ 1.0066 1.0084 1.0113 1.0025 1.0181 C$ in US$ 0.9934 0.9917 0.9888 0.997…
Alberta Star explores historic uranium area
Alberta Star Development (ASX-V, ASXSF-O) delved deep into the Northwest Territories’ uranium past and is finding what could develop into the area’s future.
MacLean Engineering brings new scissor truck to Canada
MacLean Engineering and Marketing, the Collingwood, Ont.-based supplier of underground mining equipment has announced the introduction of its new Mine Mate series scissor truck to the Canadian market.
U. S. MARKETS (April 28, 2008)
Are U. S. stocks starting to recover? The chief investment strategist and chairman of the investment policy committee at Standard & Poor’s seems to think so. In an investment outlook teleconferenc…
Osisko predicts 14-year life at Canadian Malartic gold project
A scoping study of the Canadian Malartic gold project near Val d’Or, Que., suggests the deposit will produce 572,000 oz. gold per year at a cash cost of US$314 per oz. for the first three years of pro…
Premier shifts focus to Geraldton gold project
Premier Gold Mines (PG-T, PIRGF-O) plans to drill 50,000 to 100,000 metres on its exploration projects in Northwestern Ontario and Mexico this year with a new focus on its project in Geraldton, Ont.
Residents of Oklahoma town sue over historic pollution
Kaylee Jernigan and her mother Kim live less than half a mile from the site of a smelter that refined zinc and cadmium ore concentrates for 58 years before it was closed down in 1974.
Appointment
Mr. Stephen Rogers
Houston Lake takes steady path towards production
Houston Lake Mining’s (HLM-V, HLKMF-O) president and chief executive Grayme Anthony knows what it is to persevere.
Apollo Gold shoots arrow through adversity
Building a mining company is seldom an easy road to venture down, without hardships and bumps along the way. But in Apollo Gold’s (APG-T, AGT-X)case, the road nearly came to a dead end in 2005, when a…
Rio Tinto Alcan developing greener smelting technology
Aluminum giant Rio Tinto Alcan, a subsidiary of Rio Tinto, has announced that it has begun development of new smelting technology that could reduce energy consumption by 20%.