LME Warehouse Levels (October 01, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 24, 2007 (change from Sept. 17 in brackets):
News
Spot Prices Courtesy of Scotiabank Tuesday, Sept. 25, 2007
Precious Metals Price (US$/oz.) Change Gold $727.70 +10.00 Silver $13.28 +0.32 Platinum $1336.00 +37.00 Palladium $340.00 +9.50 Base Metals Price (US$/lb.) Change Nickel $14.81 +1.57 Lead $1.60 +0.16 Copper $3.66…
Sweetened Bid Sways Meridian
Denver, Colo. — Following a third boost to its takeover bid for Meridian Gold (MNG-T, MDG-N), Yamana Gold (YRI-T, AUY-N, YAU-L) has finally won the backing of Meridian’s board, turning a hostile bid …
Exchange Rates (October 01, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (October 01, 2007)
Company Div.($) Pay Date Record Date Xstrata 0.40625 Oct 1 Sept 14 Fording Coal 0.60 Oct 15 Sept 28 Hecla Mining 0.875* Oct 1 Sept 14 Yamana 0.01 Oct 12…
Lending Rates (October 01, 2007)
as of 9 a.m. ET, September 25, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.50 Canadian Prime 6.25 U.S. Discount Primary 6.00 U.S. Fed Funds market rate 5.00…
Mineralization Discovery Lifts VMS Ventures
Shares of VMS Ventures (VMS-V, VMSTF-O) shot up 63.6% on news of a significant discovery of volcanogenic massive sulphide (VMS) mineralization at its Reed Lake property, in Manitoba.
BID-ASK — Sept. 18-24, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.315 0.41 0.35 0.55 0.265 Allyn Res V 0.05 0.06 0.05 0.105 0.05 Andean Am Mng V 0.67 0.71…
Banro’s Twangiza North Extension Shapes Up
Vancouver — A northern extension of the Twangiza deposit is returning strong gold grades for Banro Resources (BAA-T, BAA-X) as the company moves the project through a prefeasibility study in the Demo…
Adanac Looks to Lead New Moly Producers
Once a halt on trading was lifted, Adanac Molybdenum (AUA-T, AUAYF-O) shares were free to move up the market on news that the company had secured the environmental assessment certificate for its Ruby …
Aurizon Ups Tonnage at Joanna
For the second time in just over a month, Aurizon Mines (ARZ-T, AZK-X) has announced a revised resource figure for the Joanna gold deposit, about 20 km east of Rouyn-Noranda, Que.
TTM Drills Wide Moly at Chu
Vancouver — Second-phase drilling by TTM Resources (TTQ-V, TTMRF-O) at its Chu molybdenum project, in central British Columbia, has returned a wide interval of strong moly mineralization.