DIVIDENDS (May 05, 2008)
Note: Xstrata will pay its pref sh series 3 div of $0.2862 on June 2, rec May 15. Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay $0.9367* …
2008
LENDING RATES (May 05, 2008)
as of 9 a. m. ET, April 22, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.00 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
EXCHANGE RATES (May 05, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 28 April 25 April 24 April 23 April 22 US$ in C$ 1.0160 1.0164 1.0132 1.0195 1.0033 C$ in US$ 0.9843 0.9839 0.9810 0.980…
Southern Arc pulls long interval in Indonesia
VANCOUVER — Some investors seem to be regaining confidence in Indonesia: a long copper-gold porphyry intercept from Southern Arc Minerals’s (SA-V, SOACF-O) Selodong intrusive complex (SIC) prospect i…
INTERNATIONAL QUOTES (May 05, 2008)
Australia (A$) April 22 April 8 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.51 1.49 0.02 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.31 4.15 0.16 Lion S…
Ban on BC uranium exploration now official (May 05, 2008)
VANCOUVER — Uranium exploration and development has been unofficially banned in the province of British Columbia for years but now the rule is official.
Citigroup forecasts strong moly prices until 2010 (May 05, 2008)
Molybdenum supply won’t catch up with demand until 2010 and rising oil prices will only heighten the metal’s value, according to a new report from Citi Investment Research, a division of Citigroup Glo…
Global Minerals defines Slovakian silver
VANCOUVER — Global Minerals (CTG-V, GMLFF-O) is hoping a resource estimate showing strong silver mineralization will give the company the support it needs to dewater and explore the flooded Strieborn…
PEOPLE (May 05, 2008)
Acero-Martin Exploration — John Romero appointed chief geologist for the company’s Pinaya project in Peru. Algoma Steel — Denis Turcotte has resigned as CEO. American Uranium — Harrison Barker and …
SPOT PRICES (May 05, 2008)
COURTESY OF SCOTIABANK
TSX SHORT POSITIONS (May 05, 2008)
Short positions outstanding at Apr. 1 /08 (with changes from Mar. 15/08).
PRODUCER AND DEALER PRICES (May 05, 2008)
Antimony: Mid-mkt US$5,950/t.