INTERNATIONAL QUOTES (November 03, 2008)
Australia (A$) Oct 28 Oct 21 Change Bendigo Mining 0.11 0.13 -0.02 Kingsgate Cons. 2.31 3.51 -1.20 Lion Selection Ltd 1.20 1.30 -0.10 Newcrest Mining 17.71 22.37 -4.66 …
News
African Gold teams up with Newmont in Ghana
African Gold Group (AGG-V, AGGFF-o)is joining hands with Newmont Mining (NMC-T, NEM-n) to develop its Mankranho gold project in Ghana.
Jinshan hitting gold in China’s Gansu province
Not only is Jinshan Gold Mines (JIN-T, JINFF-o) one of just a handful of foreign mining companies producing gold in China, but the Canadian junior also has some good exploration prospects.
Iamgold says Ecuador nearing new mining law
Iamgold (IMG-T, IAG-n) says Ecuador’s recent referendum, in which 63.9% of all voters supported a new constitution bodes well for a new mining law in the country. The referendum included the mandate t…
Cardero offered US$200M for Pampa de Pongo
Vancouver — In the midst of a flurry of questions about slowing Chinese metal consumption, Cardero Resource (CDU-T, CDY-x) saw its share price jump almost 30% on news that a Chinese group wants to bu…
Noront, Rosseau settle ahead of proxy battle
Noront Resources (NOT-V, NOSOF-o) president and CEO Richard Nemis stepped down at the company’s annual meeting on Oct. 28, but he wasn’t denied a proper send off at the at-times emotional meeting, rec…
Coal cushions Teck’s third quarter (November 03, 2008)
Vancouver — For Teck (TCK. B-T, TCK-n) coal continued to be its saving grace in its most recent quarter.
Elusive green macaw stops Infinito for now
Construction at Infinito Gold’s (IG-V, IGFFF-o) Crucitas gold mine has stopped and Costa Rican President Oscar Arias and Environment Minister Roberto Dobles have found themselves in the hot seat for s…
Trek to Galore Creek worth the effort for Romios
Vancouver — The first hole Romios Gold Resources (RG-V, RMIOF-o) drilled at its Trek property in the Galore Creek area of B. C., about 300 km northwest of Smithers, has also proven to be a copper-gol…
Suppliers News: IISI becomes World Steel Association
The International Iron and Steel Institute has changed its name to the World Steel Association to better reflect its global expansion.
Rare earth discovery in Namibia intrigues Etruscan (November 03, 2008)
Etruscan Resources’ (EET-T, ETRUF-o) initial interest in exploring northern Namibia was to find iron oxide copper-gold (IOCG) deposits and the Canadian junior believed that the rare earth occurrence a…
Editorial: Loonie plunges as oil prices slide
Canada’s loonie seems to dip and dive just like any other petrodollar these days, if the week ended Oct. 25, the 43rd trading week of 2008, is anything to go by.