Dividends (March 23, 2009)
Note: Alcoa will pay $0.9375* on its $3.75* cmltv pr sh on Apr 1, rec Mar 13. Vale will payu $0.4795 for all shares on Apr 30 and Oct 30. Anglo American has suspended its dividend which totals $0.44* …
2009
‘Squeaky Clean’ Lydian Gets Help From EBRD, IFC
The European Bank of Reconstruction and Development (EBRD) will invest $1.6 million to finance Lydian International’s (LYD-T) exploration projects in the Western Balkans.
Copper Fox And Lions Gate Consider Merger
VANCOUVER — Copper Fox Metals (CUU-V, CPFXF-O)and Lions Gate Metals (LGM-V) have signed a letter of intent to merge that would see Copper Fox shareholders receive 0.094 of a Lions Gate share for each…
MacTung Shows Strength For NA Tungsten
VANCOUVER — It will cost almost $400 million to build an underground mine at one of the largest undeveloped tungsten deposits in the world — North American Tungsten’s (NTC-V, NATUF-O) Mac- Tung — b…
A New Tool For Community Development
Conventionally, mining companies have wanted to take immediate measures to alleviate the poverty they observe near their mining projects in developing countries. Typically, they have done this by buil…
People (March 23, 2009)
Affinity Gold– Jonny Lia Tia Yong appointed a director.
Coffey Mining Opens Consultancy Office In Canada
In an effort to expand its global footprint, consultant Coffey Mining, part of Coffey International, has announced plans to open a Canadian division with an office in Toronto.
U.S. Markets March 10-16
U.S. equity indices were up sharply during the March 10-16 reporting period. The Dow Jones Industrial Average added 670 points, or 10.2%, to 7,217; the S&P 500 index rose 77 points, or 11.4%, to 7…
Excellon Nixes Onsite Mill In Favour Of Silver Eagle Deal
Excellon Resources (EXN-T, EXLLF-O) is putting plans to build a mill at its Platosa silver-lead-zinc mine in Durango state, Mexico, on hold now that it has struck a friendly merger deal with Silver Ea…
Bronson Slope Gets A Second Try
VANCOUVER — A preliminary economic assessment of Skyline Gold’s (SK-V, SYGCF-O) Bronson Slope gold-copper-silver project in northern British Columbia says the deposit could support a profitable mine …
Toronto Stock Exchange March 10-16
Toronto’s main stock index enjoyed a reprieve during the March 10-16 reporting period, as positive sentiment pushed up the S&P/TSX composite index by 506.3 points, or 6.4%, to 8,386.7. The S&P…
Kinross to buy stake in Harry Winston
Kinross Gold (K-T, KGC-N) is making an usual and sudden move into the diamond business, offering US$150 millio…