News

Inco Submits To CVRD Offer

Vancouver — Inco’s board (N-T, N-N) has finally capitulated, recommending shareholders tender to Companhia Vale do Rio Doce’s (RIO-N) all-cash offer of $86.00 per share for the company….




Dividends (October 02, 2006)


Company Div. Pay Record
($) Date Date
Newmont Mng 0.10* Sep 28 Sep 7
as of 4 pm ET, Sept. 22, 2006 (%)
Bank of Canada 4.50
Target overnight rate 4.25
Canadian Prime 6.00

Volta Power Cuts to Hit Gold Mines

Low water levels in the Volta River system have led the Ghanaian power generation agency, the Volta River Authority, to begin a program of load management that includes some power cuts to users, inclu…


Drilling and Prestripping Continue at Minto

Vancouver — Recent exploration drilling by Sherwood Copper (SWC-V, SWOPF-O) has intersected additional high-grade mineralization at the Minto copper-gold project being advanced to production in the Y…



Spot Prices Courtesy of Scotiabank Tuesday, Sept. 26, 2006

Precious Metals Price (US$/oz.) Change
Gold $591.25 +8.75
Silver $11.11 +0.20
Platinum…


NovaGold Thwarted in Attempt to Block Barrick Bid

Vancouver — NovaGold Resources (NG-T, NG-X) was dealt a blow recently, when the U.S. District Court of Alaska declined to grant a preliminary injunction that would temporarily suspend Barrick Gold’s…




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