Dividends (April 20, 2009)
Note:Vale will pay $0.4795 for all shares on Apr 30 and Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diamond have also suspended t…
2009
Lending Rates (April 20, 2009)
as of 9 a. m. ET. April 14, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.50 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime…
Exchange Rates (April 20, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 13 Apr. 10 Apr. 9 Apr. 8 Apr. 7 US$ in C$ 1.2212 Holiday 1.2274 1.2354 1.2341 C$ in US$ 0.8189 Holiday 0.8147 0.8095 0….
Miners Cast Wary Eye On Indonesia
Despite being home to some of the world’s more robust gold deposits, mining in Indonesia is in a state of upheaval.
International Quotes (April 20, 2009)
International Quotes Australia (A$) April 14 April 7 Change Bendigo Mining 0.25 0.25 0.00 Kingsgate Cons. 5.00 5.26 -0.26 Lion Selection Ltd 0.94 0.95 -0.01 Newcrest Mining …
Lydian Reports First Resource At Amulsar
Lydian International (LYD-T, LYDIF-O) has defined an inferred resource at its Amulsar property in Armenia in one field season.
SouthGobi Errs In Mongolian Coal Estimate
VANCOUVER– Mathematical errors have led to a major overstatement of a resource estimate at South- Gobi Energy Resources’ (SGQ-V, SGQRF-O) Ovoot Tolgoi coal mine in southern Mongolia.
ATW Pours Gold At Burnakura
VANCOUVER — ATW Gold (ATW-V) has poured the first gold at its new underground Burnakura gold mine in Western Australia.
Fronteer Posts Drill Results From Sandman
As part of its US$5-million work-program commitment on Fronteer Development Group’s (FRG-T, FRG-X) Sandman project, a subsidiary of Newmont Mining (NMC-T, NEM-N) has drilled 30 holes so far this year …
Gammon Gold’s Next 3 Years
Gammon Gold (GAM-T, GRS-N) may have failed in its attempt to acquire Capital Gold (CGC-T, CGLD-O) and its coveted El Chanate gold mine in Sonora, Mexico, late last month, but it isn’t crying in its be…
Helio Raising $5.3M For Tanzanian Drilling
VANCOUVER — A cashing-up Helio Resource (HRC-V, HELOF-O) is tentatively planning a 20,000-metre drill program at its SMP gold project in the Lupa Goldfields of Tanzania, says the company’s CEO, Richa…
Uranium One Posts US$2.4B Loss
Uranium One (UUU-T, SXRZF-O) reported a net loss of US$258.8 million for the fourth quarter of 2008, bringing its total loss for the year to US$2.4 billion, or US$5.24 per share.