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…
News
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.
PEOPLE (September 01, 2008)
Arcadis– Ann Warner appointed VP director of government affairs for U. S. operations.
LME WAREHOUSE LEVELS (September 01, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 26, 2008 (change from August 19 in brackets):
SPOT PRICES (September 01, 2008)
COURTESY OF SCOTIABANK
Obituary: Founder of Sander Geophysics dies at 84
George Wolfgang Sander, founder of one of Canada’s most successful geophysics surveying companies, passed away peacefully at his home in Dunrobin, Ont., on Aug. 23, 2008. He was 84.