Atlas Copco Simplifies Its Business In The US
Equipment-supply company Atlas Copco has combined its portable air operations and its construction tools business in the U. S. into the joint entity Atlas Copco Construction Equipment, to better targe…
News
U308 Reports Uranium Resource In Guyana
Canadian uranium explorer U3O8 Corp. (UWE-V, UTREF-O) believes Guyana’s Roraima basin may one day play a significant role in feeding the world’s growing appetite for clean nuclear power.
Navasota Proves Up Bauxite Resource
VANCOUVER — After drilling more than 2,000 holes into its Koba project in Guinea, Navasota Resources (NAV-V, NAORF-O) has a bauxite resource in hand that has already surpassed 400 million tonnes and …
Vale Inco Reaches Agreement With Province On Voisey’s Bay
Vale Inco has reached an agreement with the province of Newfoundland and Labrador to amend the Voisey’s Bay development agreement regarding the proposed hydromet nickel-processing plant to be built at…
International Quotes (February 09, 2009)
Australia (A$) Feb 3 Jan 27 Change Bendigo Mining 0.18 0.15 0.03 Kingsgate Cons. 3.72 6.64 -2.92 Lion Selection Ltd 0.67 0.67 0.00 Newcrest Mining 30.00 33.15 -3.15 Z…
Exchange Rates (February 09, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 2 Jan. 30 Jan. 29 Jan. 28 Jan. 27 US$ in C$ 1.2404 1.2364 1.2188 1.2098 1.2299 C$ in US$ 0.8062 0.8088 0.8205 0.8266 0….
Thompson Creek To Close Moly Mines For A Month
VANCOUVER — Following the lead of other molybdenum miners, Thompson Creek Metals (TCM-T, TC-N) is slashing its production forecast for 2009.
Lending Rates (February 09, 2009)
as of 9 a. m. ET. Feb. 3, 2009 (%) Bank of Canada 1.25 Target overnight rate 1.00 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
TSX Short Positions (February 09, 2009)
Short positions outstanding at Jan. 15/09 (with changes from Dec. 31/08).
PDAC President Breaks Down Budget Benefits
The following is a message sent to members of the Prospectors & Developers Association of Canada on Jan. 28 by the organization’s president, Jon Baird, in response to the federal government’s new …
Rio Tinto Woos Chinese
The week ended Jan. 31, the fourth trading week of 2009, was rife with speculation over Rio Tinto’s future, and just what the debt-crippled giant might hand over to its deep-pocketed 9% shareholder, s…
More Gold For Osisko At Canadian Malartic
With a feasibility study completed and 6.3 million oz. of gold reserves already outlined in the main ore-body at its Canadian Malartic deposit, in Quebec, Osisko Mining (OSK-T, OSKFF-O) wants more.