First Nickel, FNX add to mine closure list
In the wake of crumbling nickel prices and mine closures, development has been temporarily suspended at a string of nickel projects, among them, First Nickel’s (FNI-T, FNKLF-o) Lockerby mine and FNX M…
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Belvedere suspends development at Hitura
Plunging nickel prices have forced Belvedere Resources (BEL-V, BLVDF-o) to suspend operations at its Hitura nickel mine, in Finland.
DIVIDENDS (November 03, 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…
Augusta advances Rosemont copper project (November 03, 2008)
Augusta Resource (AZC-T, AZC-x) has improved metallurgy and discovered a new mixed oxide-sulphide zone at its Rosemont open-pit copper-molybdenum-silver project in southern Arizona.
NEMI and Aviva to merge (November 03, 2008)
Vancouver — NEMI Northern Energy & Mining (NNE. A-V, NNEMF-o),and Australian-listed Aviva (AVA-a) are merging to create a growth-oriented international coal and energy group.
CANADIAN GOLD MUTUAL FUNDS (November 03, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
TSX SHORT POSITIONS (November 03, 2008)
Short positions outstanding at Oct. 15/08 (with changes from Sept. 30/08).
TSX VENTURE SHORT POSITIONS (November 03, 2008)
Short positions outstanding at Oct. 15/08 (with changes from Sept. 30/08).
NORTH AMERICAN STOCK EXCHANGE INDICES (November 03, 2008)
52-week Date Oct. 27 Oct. 24 Oct. 23 Oct. 22 Oct. 21 High Low S&P/TSX-Ven Comp 808.99 830.96 858.00 900.63 969.39 3192.55 807.71 TSX Composite 8537.34 9294.09 9331.35 9236.88…
It’s a long moly Storie for Columbia Yukon (October 31, 2008)
Vancouver – Step-out drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for …
The race to find rare earths outside of China
The key metals needed for hybrid cars, flat screen TVs and energy-efficient lighting could be in short supply in a …
Monument to build Selinsing gold mine
Vancouver Monument Mining (MMY-V) will go ahead with mine construction at its Selinsing gold project, about 100 …