Gold isn’t all that glitters
While investors buzz about the possibility of gold breaking the US$1,000 per oz. plateau in the coming year, Patricia Mohr, vice-president of industry and commodity research at Scotiabank, says the ho…
News
WGC predicts stronger gold
With the 1980 record gold price of US$850 per oz. within sight once again, high demand and tight supply of the yellow metal have the World Gold Council predicting a new price floor, making gold’s futu…
TSX Rights & Warrants (December 10, 2007)
Ascendant Copper (ACX.WT) — Wt buys sh @ $2.50 to Nov 21/10.
Canadian Gold Mutual Funds (December 10, 2007)
Fund name Nov.26($) Dec.3($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 28.38 28.56 -0.18 -0.6 6.1 2.61 692.2 Altamira Pr & Str Mtl 12.48 12.53 -0.05 -0.4 -3.7 2.67…
Rio spends as suitors circle
Rio Tinto (RTP-N, RIO-L) plans to get stronger and thwart BHP Billiton’s (BHP-N, BLT-L) hostile takeover bid the old-fashioned way — through organic growth.
Platinum shortfall
Vancouver — Global demand for platinum is poised to touch a record level of 6.93 million oz. this year, up 195,000 oz. or 2.9% from 2006, says refiner and PGM marketing group Johnson Matthey in its r…
Lending Rates (December 10, 2007)
as of 9 a.m. ET, Nov 27, 2007(%)
International Quotes (December 10, 2007)
Australia (A$) Nov 26 Nov 19 Change Bendigo Mining 0.35 0.36 -0.01 Centamin Egypt 1.47 1.42 0.05 Emperor Mines 0.07 0.07 0.00 Kingsgate Cons. 5.03 5.00 0.03 Lion Selection Ltd…
Dividends (December 10, 2007)
Company Div.($) Pay Date Record Date Endeavour Min Cap 0.015 Nov 30 Nov 26 Inmet Mining 0.10 Dec 15 Nov 30 Barrick Gold 0.15* Dec 17 Nov 30 Newmont Mining…
Big money keeps on rolling in (December 10, 2007)
Vancouver — Despite the recent bearish trend in mining indices, financings continue to abound with exploration companies still attracting plenty of capital.
Exchange Rates (December 10, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Editorial: Galore Creek blues
The week ended Nov. 30, the 48th week of 2007, saw British Columbia’s mining sector rattled by bombshell news that NovaGold Resources and Teck Cominco are mothballing development of their Galore Creek…