TSX Venture Exchange August 26–29
In another tentative sign that the market is picking up, the S&P-TSX Venture Composite Index posted four small gains over the truncated Aug. 26-29 trading week to close up 43.63 points at 1,983.64…
News
TSX SHORT POSITIONS (September 08, 2008)
Short positions outstanding at Aug. 15/08 (with changes from Jul. 31/08).
Lending Rates (September 08, 2008)
as of 9 a. m. ET, Aug 19, 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 5…
Spur Ventures digs in to ride the dragon
Spur Ventures’ (SVU-T, SPVEF-O) Chinese odyssey began in 1996, when the company’s mining-focused founders saw potential in some rock phosphate mines in the country.
CANADIAN GOLD MUTUAL FUNDS (September 08, 2008)
as of Aug. 25/08
Rubicon rises on Phoenix gold results
VANCOUVER — Another set of bonanza intercepts from the Phoenix gold project in Red Lake, Ont., added 38% to Rubicon Minerals’ (RMX-T, RBY-X) share price over three days of trading.
International Quotes (September 08, 2008)
Australia (A$) Aug 12 Aug 5 Change Bendigo Mining 0.18 0.20 -0.02 Kingsgate Cons. 4.80 5.60 -0.80 Lion Selection Ltd 1.58 1.50 0.08 Newcrest Mining 23.49 26.31 -2.82 …
Dividends (September 08, 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 of US$0.9375 for US$3.75 cmltv…
Mongolian hurdles don’t faze Ivanhoe (September 08, 2008)
VANCOUVER — In spite of everything, it seems Ivanhoe Mines (IVN-T, IVN-N) is committed to Mongolia.
Minco adds Sterling to its silver portfolio
VANCOUVER — The company advancing the Fuwan silver property in China, Minco Silver (MSV-T, MISVF-O), is taking over Sterling Mining (SMQ-T, SRLM-O), proprietor of the Sunshine silver mine in Idaho, t…
GobiMin back on track, CFO says
VANCOUVER — With rebounding revenues, a doubled up indicated resource at Yellow Mountain and a new copper discovery at Yanxi, summer has been much kinder to GobiMin (GMN-V, GMNFF-O) than winter.
Jo shows more zinc and silver for Sabina (September 08, 2008)
VANCOUVER–While a frustrating delay continues to hang over its Hackett River prefeasibility study, Sabina Silver (SBB-V, SBBFF-O) has released more decent drill results from the Jo zone.