Minco-Sterling merger a no go
Vancouver – Minco Silver (MSV-T) has cancelled its plans to take over Sterling Mining (SMQ-T).Six weeks after a…
News
Western Areas doubles resource at Spotted Quoll (September 02, 2008)
If Western Areas (WSA-T, WSA-A) had any doubts that its Spotted Quoll nickel project has the potential to become a …
Commentary: Lean and mean has gone too far
The following is an open letter from Buzz Hargrove, the departing national president of the Canadian Auto Workers U…
Independent Nickel mulls its options
Hoping to expand its nickel holdings in Manitoba, Victory Nickel (NI-T, VNCKF-O) has made an unsolicited, all-share takeover bid for Sudbury, Ont.-based Independent Nickel (INI-T, INIFF-O).
Correction (September 01, 2008)
In last week’s edition ( T. N. M., Aug. 25-31/08), we ran an excerpt from the book Red Lake: Golden Treasure Chest, with information on how to get a copy. The telephone number accompanying the details…
U. S. MARKETS AUG. 19-25
Dipping gas prices this month have given consumers a glimmer of hope — despite weak economic growth and higher inflation generally. The Conference Board is backing that up with results from its lates…
TORONTO STOCK EXCHANGE AUG. 19-25
The S&P-TSX Composite Index rose during the Aug. 19-25 trading session, on the back of strengthening oil and gold prices, gaining 170 points, or 1.3%, to 13,289. Mining and materials issues did ev…
BID-ASK — AUG. 19-25, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Afrasia Minl F V 0.27 0.44 0.25 0.45 0.23 Agau Res V 0.17 0.21 0.19 0.55 0.11 …
Grande Cache coal production ebbs
Grande Cache Coal (GCE-T, GACHF-O) failed to meet its own production targets for the last quarter and as a result had to watch its shares take a hit.
Nevada-focused Victoria, Gateway, agree to merger
VANCOUVER — Victoria Gold (VIT-V, VITFF-O) will acquire all of the outstanding shares of Gateway Gold (GTQ-T, GWYGF-O) in a friendly merger that will produce a Nevada-focused explorer with one advanc…
ArcelorMittal shores up Brazilian iron ore assets
VANCOUVER — ArcelorMittal (MT-N) cut two sizable cheques on the same day for two iron assets in Brazil.
12 SNC-Lavalin employees die in Algeria bombing
Twelve SNC-Lavalin (SNC-T) employees were killed and another 15 injured in Algeria, when a car bomb exploded near a bus they were riding to work.