Proposed mines showing robust economics
The week ended April 5, the fourteenth trading week of 2008, started off on a high note, with a positive new economic study of the top Canadian gold play of the past year: Osisko Exploration’s wholly …
News
New Pacific sees lift on HNK drilling
A new high-grade gold vein assaying well into the double digits on New Pacific Metals’ (NUX-V, NUXFF-O) HNK property in Guangdong province, China, pushed its shares up 40% recently.
Tribune, Fission, hunt for North Shore targets
Joint-venture partners Tribune Uranium( TCB-V, TCBZF-O) and Fission Energy (FIS-V, FSSIF-O) have planned a 700-line-km airborne geophysical survey and a 1,000- metre drill program for their Grey Willo…
Norsemont brings Constancia into focus
As Norsemont Mining (NOM-T, NOMFF-O) continues to define its Constancia copper deposit in the high Andes of Peru, its share price continues to build momentum.
At last, a little blue sky for Gammon
Stung by a string of bad news over the last year from a third-quarter loss of US$44.8 million, startup problems at two gold operations in Mexico and allegations about stock-option manipulation and ina…
Magnum starts to build San Rafael (April 14, 2008)
VANCOUVER– Magnum Uranium (MM-V, MMURF-O) has released the first of a series of resource estimates for its San Rafael property, in a historic uranium district in Utah.
INTERNATIONAL QUOTES (April 14, 2008)
Australia (A$) April 8 April 1 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.49 1.48 0.01 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.15 4.03 0.12 Lion Se…
Aldershot likes uranium outlook Down Under
VANCOUVER–Despite ongoing restrictions on uranium development in some regions of Australia, Aldershot Resources (ALZ-V, ALZTF-O) likes the longer-term outlook and believes the tide will change.
Correction (April 14, 2008)
In the caption under the photo accompanying the story “No end in sight for moly rally” ( T. N. M. March 31 -April 6/08 ) we incorrectly stated that Thompson Creek Metal’s (TCM-T) Endako mine generates…
Bluerock sets sights on production
Vancouver — Bluerock Resources( BRD-V, BRDSF-o)knows what it wants: to be the next uranium producer in the North America.
Uranerz raising funds for Wyoming
VANCOUVER — Uranerz Energy (URZ-T, URZ-X) has plans for a major financing that will see intermediate uranium producer Denison Mines (DML-T, DNN-X) take a 9.9% interest in the junior.
EXCHANGE RATES (April 14, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 7 April 4 April 3 April 2 April 1 US$ in C$ 1.0110 1.0091 1.0082 1.0177 1.0270 C$ in US$ 0.9891 0.9910 0.9919 0.9826 0…