Exchange Rates (May 22, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
News
Nuinsco financing for Campbell (May 22, 2006)
A $15.5-million deal to take Campbell Resources (CCH-T, CBLRF-O) out of creditor protection has been agreed to by Nuinsco Resources (NWI-T, NUIRF-O) and investment house Sprott Securities….
Mongolia drops tax bombshell
Vancouver — From left field, and late on a Friday night, Mongolia’s parliament shocked Western mineral explorers by passing a windfall profit tax, which calls for a 68% levy on copper and gold operat…
Wolverine feasibility bites Yukon Zinc
Vancouver — Shares of Yukon Zinc (YZC-V, YZCCF-O) shed more than half their value in heavy trading after the company released a newly completed feasibility study for the Wolverine zinc-copper-lead-si…
PGM supplies to continue upswing: GFMS
Facts ‘N’ Figures…
People (May 22, 2006)
Adastra Mnrls — Andrew Adams, Clive Newall, and Martin Rowley appointed directors; Philip Pascall appointed chairman; John Bentley, Etienne Denis, Bernard Vavala and Patrick Walsh resigned as directo…
Suppliers News (May 22, 2006)
Inco to build ‘utility nickel’ plant in China…
EuroZinc Mining draws market attention
EuroZinc Mining (EZM-T, EZM-X) has been a popular mining stock lately and it continued to draw heavy trading with the announcement of its first-quarter earnings….
Editorial: Teck bid for Inco shakes up industry
Noranda’s friendly takeover of Falconbridge last year had felt inevitable to most of us for years before its announcement….
Toronto Stock Exchange May 9-15
A pullback in commodity prices dragged the TSX Composite Index down 496.48 points, or 4.2% to 11,831.73 over the May 9-15 session; the downward trend was said to be the result of price corrections aft…
TSX Venture Exchange May 9-15
Sharp corrections in commodity prices precipitated a major drop in the S&P-TSX Venture Composite Index, which shed 4.7%, or 150.24 points, to close at 3,029.49 over the May 9-15 trading session. A…
U.S. Markets May 9-15
Stock markets in the United States saw heavy selling between May 10 and May 12 in response to a tightening Federal Reserve Bank, making the reporting period May 9-15 a losing one. The Standard & P…