CPM Group sees commodities recovering – eventually
New York City-based CPM Group is looking beyond the crashing commodities market to a point where a recovery will be…
2008
Coal cushions Teck’s third quarter (October 27, 2008)
Vancouver – For Teck (TCK.B-T, TCK-N) coal continues to be its saving grace this quarter.With demand for zinc and…
Cardero offered US$200 million for Pampa de Pongo
Vancouver – In the midst of a flurry of questions about slowing Chinese metal consumption, Cardero Resource (CDU-T,…
Noront, Rosseau agree on compromise board
A day before Noront Resources’ (NOT-V) annual shareholders’ meeting — where a dramatic proxy contest was set to de…
Intrepid gets positive assays from Paulsens extension
Intrepid Mines (IAU-T) is busy developing two newly found gold zones at its Paulsens gold mine in Western Australia…
Green Macaw gets in the way of Infinito
Costa Rican President Oscar Arias and Environment Minister Roberto Dobles find themselves in the hot seat for their…
LENDING RATES (October 27, 2008)
as of 9 a. m. ET, Oct. 21, 2008 (%) Bank of Canada 2.75 Target overnight rate 2.25 Canadian Prime 4.25 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 1.50 U. S. Prime …
Cameco opens Alice Springs office, invests in Niger exploration (October 27, 2008)
Cameco (CCO-T, CCJ-n), the world’s largest uranium company, has opened an office in Alice Springs in Australia’s Northern Territory to help advance the Angela and Pamela uranium projects nearby. A joi…
Capital Gold posts record production at El Chanate (October 27, 2008)
Capital Gold (CGC-T, CGLD-o) has managed to keep a tight lid on costs at its El Chanate gold mine in Mexico during the operation’s first fiscal year.
North American Tungsten cancels US$19.4M private placement with Chinese enterprise
North American Tungsten (NTC-V, NATUF-o) has cancelled a private placement of about 13.4 million units in the company at a price of $1.45 per unit that was part of a strategic alliance agreement with …
TSX SHORT POSITIONS (October 27, 2008)
Short positions outstanding at Oct. 15/08 (with changes from Sept. 30/08).
DIVIDENDS (October 27, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…