BC’s power play to open province’s northwest
Power is the missing ingredient in B.C.’s mineral -r ich northwest, and the proposed $404-mi l l ion Northwest Transmission Line (NTL) could finally bring it to the remote region.
2010
Endeavour Mining on the move
DENVER, COLO. — The Denver Gold Forum has built a reputation as being one of the industry’s premier events, with the finest names in the sector being presented by the key figures who have guided them…
Baffinland gets $274M takeover bid
VANCOUVER — Iron Ore Holdings’ (IOH-A) subsidiary Nunavut Iron Ore Acquisition has made an all-cash bid to acquire Baffinland Iron Mines (BIM-T) in a deal worth $274.3 million.
TSX SHORT POSITIONS (October 04, 2010)
Short positions outstanding at Sept. 15/10 (with changes from Aug. 31/10).
TSX VENTURE SHORT POSITIONS (October 04, 2010)
Short positions outstanding at Sept. 15/10 (with changes from Aug. 31/10).
DIVIDENDS (October 04, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…
LENDING RATES (October 04, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
EXCHANGE RATES (October 04, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept 27 Sept 24 Sept 23 Sept 22 Sept 21 US$ in C$ 1.0260 1.0263 1.0310 1.0327 1.0315 C$ in US$ 0.9747 0.9744 0.9699 0.9683 0…
Sandspring adds to Toroparu resource (October 04, 2010)
VANCOUVER — Sandspring Resources’ (SSP-V) latest resource estimate has added considerable tonnage to the inferred resource for its Toroparu gold-copper project in Guyana just as the company releases …
Exeter grows Caspiche ahead of prefeasibility work (October 04, 2010)
VANCOUVER — The already sizable Caspiche gold-copper porphyry in Chile has grown again and the confidence in the resource has increased, thanks to a 20,000-metre drill program by owner Exeter Resourc…
El Quevar results lift Golden Minerals
VANCOUVER — High-grade silver intercepts extending the Yaxtch deposit along strike in both directions are making Golden Minerals (AUM-T, AUMN-N) rethink its feasibility study plans — the company has…
Positive PEA at Angela Vein
VANCOUVER — A preliminary economic assessment (PEA) of the Angela Vein deposit, part of the Inmaculada gold-silver project in southern Peru, looks promising for joint-venture owners International Min…