Exchange Rates (May 25, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 18 May 15 May 14 May 13 May 12 US$ in C$ Holiday 1.1756 1.1727 1.1683 1.1676 C$ in US$ Holiday 0.8506 0.8537 0.8527 0.85…
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International Quotes (May 25, 2009)
Australia (A$) May 19 May 12 Change Bendigo Mining 0.29 0.24 0.05 Kingsgate Cons. 5.58 5.58 0.00 Lion Selection Ltd 0.95 0.93 0.02 Newcrest Mining 29.50 29.70 -0.20 Z…
Apoquindo Finds US Partner For Chilean Copper Project
VANCOUVER — A joint-venture agreement with a private partner ready to spend almost $11 million is set to move Apoquindo Minerals’ (AQM-V, APQUF-O) namesake project ahead at a rapid-fire pace.
Oilsands Quest Strays Off The Beaten Path
VANCOUVER — Not all of the Fort McMurray formation’s oilsands lie within the borders of Alberta. Oilsands Quest (BQI-X) is proving that the ground in Saskatchewan, about 100 km east of Fort McMurray,…
New Horizon For Canadian Natural Resources
By bringing its Horizon oilsands project in Alberta into production in February, Canadian Natural Resources (CNQ-T, CNQ-N) thrust itself into the middle of the conversation on how best to play the oil…
New Pacific Cuts High-Grade
New Pacific Metals (NUX-V, NUXFF-O) has intersected high-grade gold in channel samples from a narrow vein on its 57-sq.-km HNK project, in China’s Guangdong province.
Connacher Records Q1 Loss
The drastic price drops in bitumen, crude oil and natural gas left Connacher Oil and Gas (CLL-T, CLLZF-O) with a $46.8-million loss in the first quarter of 2008 despite an increase in production.
Silvermex to buy mine and mill from Aurcana
Silvermex Resources (SMR-V) says that plans to buy the mine and mill next door to its San Marcial silver property i…
Nautilus using down time to improve Solwara 1 plans
Vancouver – Construction of its novel deep-sea mining equipment has been on hold since December but Nautilus Mine…
UPDATE: Cardero sells Pampa de Pongo for half price
Vancouver – With a bleak outlook for iron ore markets Cardero Resource (CDU-T, CDY-X) president and CEO Henk van Al…
High River Gold Mines may get bail out from Severstal
Financially strapped High River Gold Mines (HRG-T) says its largest shareholder, Russian steelmaker Severstal, has …
Core drilling more than doubles grades for Oro Gold
Vancouver – It looks like Oro Gold Resources (OGR-V) will have to re-estimate the resource at its Trinidad gold pro…