Newmont settles in Uzbekistan
Newmont Mining (NMC-T, NEM-N) has settled with the Uzbek government over its 50%-stake in the Zarafshan heap-leach …
2007
Lake Shore, Porcupine JV finalize Bell Creek deal (July 23, 2007)
After protracted negotiations and an extension to due-diligence investigations, Lake Shore Gold (LSG-T) and the Por…
Exchange Rates (July 23, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (July 23, 2007)
Company Div.($) Pay Date Record Date Sherritt 0.03 July 13 June 29 Yamana 0.01* July 16 June 26 Fording 0.65 July 16 June 29 Royal Gold 0.065 July 20 July…
Lending Rates (July 23, 2007)
as of 9 a.m. ET, July 17, 2007(%)
Kakanda signs Otish deal
Shares in Kakanda Resources (KRC-V, KRCFF-O) rose 50% in one day on the company’s recent announcement of a change in focus to four new Otish basin uranium properties in Quebec.
Share the wealth
Commentary A recently published discussion paper has convinced the Prospectors and Developers Association of Canada board of directors to approve the principle of federal and provincial governments sharing natural resource…
Editorial: Rio Tinto bets heavily on aluminum with Alcan offer
There hasn’t been the slightest slowdown this summer in mergers-and-acquisitions activity, with the week ended July 14, the 28th trading week of 2007, punctuated by the largest takeover in global mini…
Suppliers News (July 23, 2007)
Caterpillar profits skyrocket
Alcan’s Canadian history
1900 — A contract for hydroelectric power is signed with Shawinigan Water & Power Co. in Shawinigan, Que. A year later, the first ingot, weighing 716 kilograms, is produced.
Toronto Stock Exchange July 10-16
The largest-ever takeover in global mining history drove the TSX Composite Index to an all-time high during the trading period July 10-16.
TSX Venture Exchange July 10-16
Modest gains in gold, silver, lead and zinc more than offset a slip in copper and nickel prices over the July 10-16 trading session, driving the S&P-TSX Venture Composite Index up 32.57 points to …