CNQ Trading (July 16, 2007)
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW July 3-9, 2007 Bannockburn Res BKNN 272 8.00 7.30 7.85 – 0.15 8.00 0.405 Dynamic Res DYRF 999 0.145 0.13 0.145…
2007
Editorial: Teck finesses another takeover
It was yet another period of intense merger and acquisition activity in the mining sector during the week ended July 7, the 27th trading week of 2007 and the beginning of the third quarter.
Fort Hills trio to go with design plan
Vancouver — Partners in the Fort Hills oilsands project, located in northern Alberta’s Athabasca region and about 90 km north of Fort McMurray, are moving forward with initial design plans that will …
Worker killed at Midas
A Newmont Mining (NMC-T, NEM-N) worker was killed recently when the floor collapsed under the loader he was operating at the 5,600-ft. level of the Midas gold mine in Nevada.
People (July 16, 2007)
Alcoa — Jinya Chen appointed president, Asia-Pacific region.
Toronto Stock Exchange July 3-9
The TSX Composite Index broke back through the 14,000-point threshold as it finished the July 3-9 trading period up 270.95 points at 14,177.52.
Canadian Gold Mutual Funds (July 16, 2007)
Fund name Jul.9($) Jul.2($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 30.15 28.32 1.83 6.5 12.7 2.61 582.4 Altamira Pr & Str Mtl 13.16 12.40 0.76 6.1 1.5 2.67…
International Quotes (July 16, 2007)
Australia (A$) July 9 July 2 Change Bendigo Mining 0.31 0.32 -0.01 Centamin Egypt 1.20 1.16 0.04 Emperor Mines 0.12 0.12 0.00 Kingsgate Cons. 5.37 5.70 -0.33 Lion Selection Gp…
Lundin Group adds US$100M to Clinton-Giustra Initiative
Vancouver — When something is hot in the mining industry, it’s usually a metal price or a developing project. It’s not usually sustainable development. But thanks to a Vancouver mining magnate, a Mex…
Latin carats in one basket
Vancouver — Subscribing to the philosophy “bigger is better,” emerging diamond producer Vaaldiam Resources (VAA-T, VAAFF-O) has announced plans to merge with Australian company Elkedra Diamonds (EDN-…
Newmont to turn royalties into cash (July 16, 2007)
Newmont Mining (NEM-N, NMC-T) will discontinue its Merchant Banking Portfolio, the royalties and shareholdings it inherited in its 2002 takeover of Franco Nevada Mining.
Carpathian triumphs in Romania
SITE VISIT Timisoara, Romania — When most miners and investors ponder the topic of gold in Romania, the first thought that comes to mind is the environmental hysteria that has…