Editorial: Friedman’s fight for freedom
We note the passing this week of the great American economist, libertarian and public thinker Milton Friedman, who died at the age 94 in San Francisco, of all places, where he was a senior research fe…
2006
CNQ Trading (November 27, 2006)
Nov. 14-20, 2006
International Quotes (November 27, 2006)
Australia (A$) Nov 20 Nov 13 Change Bendigo Mining 0.77 0.81 -0.04 Centamin Egypt 0.68 0.66 0.02 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.27 0.34 -0.07 Kingsgate Cons. 3.79…
UrAsia Secures uranium contracts in hot market
UrAsia Energy (UUU-V, UAEYF-O, UUU-L) recently announced five new agreements for uranium concentrates from its Akdala uranium mine in Kazakhstan — and then saw its share price drop.
Civil unrest gives way to fragile peace in Kyrgyzstan
While the signature of Kyrgyzstan’s president on constitutional reforms has — at least for the moment — quelled the raucous opposition gathering at the gates of the central Asian state’s parliament,…
Australia’s Western Areas backs Mustang at Maskwa (November 27, 2006)
Perth, Australia-based nickel miner Western Areas (WSA-T, WSA-A) is investing up to $5 million in Mustang Minerals (MUM-V, MSMGF-O), enough money to allow the Toronto-based junior to complete a feasib…
Lending Rates (November 27, 2006)
as of 4 pm ET, Nov. 20, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
Dividends (November 27, 2006)
Company Div. Pay Record ($) Date Date Alcoa 0.15* Nov 25 Nov 3 Noranda Incm Fd 0.085 Nov 27 Oct 31 Quest Capital 0.02 Nov 30 Nov 15 Phelps Dodge…
Exchange Rates (November 27, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Freeport to swallow Phelps
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N) will create the world’s largest publicly traded copper company and the largest …
‘Conflict diamonds’ getting through loopholes
Commentary — The following was presented by De Beers chairman Nicky Oppenheimer earlier this year at the World Diamond Congress in Tel Aviv, Israel. De Beers, of course, is a…
Lonmin bids for AfriOre
Platinum producer Lonmin (LMNIF-O, LMI-L) has reached an agreement to acquire AfriOre (AFO-T, AFOFF-O) in an all-cash deal.