Exchange Rates (February 26, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
News
Dividends (February 26, 2007)
Company Div.($) Pay Date Record Dare Falconbridge pf2 f Feb 12 Jan 31 Potash C Sask 0.15* Feb 12 Jan 22 Royal Untilites 0.08 Feb 15 Jan 31 Goldcorp 0.15…
Globex looks to confirm data from Lyndhurst No. 1 zone
Globex Mining Enterprises (GMX-T, GLBXF-O) has agreed to give a private company, Agregat R-N, a 50% working interest in its No. 1 copper-silica zone at the Lyndhurst mine property, near Rouyn-Noranda,…
Malartic drilling finds extensions (February 26, 2007)
Recent drilling by Osisko Exploration (OSK-V, OSXLF-O) on the Canadian Malartic gold deposit near Malartic, Que., has confirmed extensions to the known gold resource in two areas of the property.
Zinifex proposing Wolfden takeover
Australian zinc producer Zinifex (ZFX-A, ZFEXF-O) has put a cash offer of $3.90 per share on the table for Wolfden Resources (WLF-T, WLFFF-O) that values the Arctic base metal developer at about $345 …
Giustra behind Goldcorp’s US$300M mines sale
Vancouver — In what looks to be a US$300-million pruning exercise, Goldcorp (G-T, GG-N) is spinning out mines in Australia and Brazil into a junior company led by Frank Giustra’s investment banking f…
Agnico-Eagle offers $710M for Cumberland
Agnico-Eagle Mines (AEM-T, AEM-N) plans to take on Canada’s North with its proposed takeover of Cumberland Resources (clg-t, clg-x).
Kyrgyz coalface a dangerous place
HEALTH & SAFETY
Editor’s Picks: Top news of the week (February 26, 2007)
Acquisitions within the mid-tier gold and uranium sectors grabbed the headlines in the seventh trading week of 2007.
TSX Venture Exchange February 13 – 19
In spite of a strengthening gold price, market attention continues to focus on uranium, helping to drive the TSX Venture Exchange Composite Index up 118.64 points to 3,122.93 over the Feb. 13-19 tradi…
U.S. Markets February 13 – 16
A good week for the United States stock markets was an even better week for the mining stocks. The Standard & Poor’s 500 Index was up 1.5% at 1,455.54 points, while the Philadelphia Gold and Silve…
LME Warehouse Levels (February 26, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 19, 2006 (change from Feb. 12 in brackets):