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 …
News
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 …
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.
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….
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…
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…
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 …
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.
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…
Thermo Fisher Scientific Captures Good Design Award
X-ray experts Thermo Fisher Scientific (TMO-N) have been awarded a Good Design award by the Chicago Athenaeum Museum for its Niton XL3t series handheld X-ray fluorescence (XRF) analyzers.
Wenco To Supply Fleet Management Technology For Alrosa
Wenco International Mining Systems, a supplier of computer-based fleet management systems, has been commissioned by state-run diamond miner Alrosa to supply technology for the company’s Nurba mine in …
People (February 09, 2009)
American Bonanza Gold — Joe Chan appointed CFO.