INTERNATIONAL QUOTES (September 29, 2008)
Australia (A$) Sept 23 Sept 16 Change Bendigo Mining 0.20 0.15 0.05 Kingsgate Cons. 5.54 4.50 1.04 Lion Selection Ltd 1.38 1.38 0.00 Newcrest Mining 26.84 21.45 5.39 …
News
Minova International relocates Down Under
SUPPLIERS NEWS
Cabo Drilling lands Rio Grande Silver contract
Vancouver-headquartered Cabo Drilling’s (CBE-V, CBEEF-o)U. S. subsidiary, Advanced Drilling Inc., has been contracted by Rio Grande Silver to conduct at least 35,000 ft. of surface core drilling for t…
Agnico-Eagle digs deep in Quebec (September 29, 2008)
Denver, Colo. — If it isn’t broken — don’t fix it. That seemed to be the subtext of gold producer Agnico-Eagle Mines (AEM-T, AEM-n), at the Sept 8-10 Denver Gold Forum.
DIVIDENDS (September 29, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div…
LENDING RATES (September 29, 2008)
as of 9 a. m. ET, Sept. 23, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …
EXCHANGE RATES (September 29, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 US$ in C$ 1.0382 1.0470 1.0701 1.0783 1.0734 C$ in US$ 0.9632 0.9551 0.9345 0.927…
Schaft Creek twice the price for Copper Fox (September 29, 2008)
Vancouver — Copper Fox Metals (CUU-V, CPFXF-o) has both upped the size and doubled the capital cost of its Schaft Creek, copper-gold project, about 300 km north of Prince Rupert, B. C., with the rele…
Ontario gov’t seeks input on Mining Act revisions
While there was some controversy at a recent public meeting in Toronto on changes to Ontario’s Mining Act, there was also a great deal of consensus — especially on the need for consultation with Firs…
CANADIAN GOLD MUTUAL FUNDS (September 29, 2008)
as of Sept. 8/08
TSX SHORT POSITIONS (September 29, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08).
Bateman appointed engineer for Poseidon’s Windarra
Amsterdam-based consulting company Bateman Engineering has been contracted to produce prefeasibility work for Poseidon Nickel’s (PSDNF-O, POS-a) Windarra nickel project, 17 km northwest of Laverton, i…