Avanti buys past-producing Kitsault moly mine
The current bull market in mining has been characterized by the redevelopment of many deposits that were mothballed during the long slump in commodity prices. Avanti Mining (AVMI-C, AVNMF-O) is joinin…
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LENDING RATES (July 07, 2008)
as of 9 a. m. ET, June 24, 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 …
Young-Davidson economic, but just barely
VANCOUVER — Forced to mothball production plans for its Kemess North project in British Columbia, Northgate Minerals (NGX-T, NXG-X) turned its attention elsewhere. Now it has been rewarded for its ab…
Obituary: Maurice ‘Mort’ Brown: Mining devotee dies at 95
Behind a large wooden desk littered with stock tables and back issues of The Northern Miner sits publisher Mort Brown, shuffling stacks of papers and organizing his office while a new editor explains …
Kyrgyz court ruling roughs up Centerra
Centerra Gold’s (CG-T, CAGDF-O) share price was hammered recently, after a court ruling against it coincided with the departure of two key members of its management.
DIVIDENDS (July 07, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per share on $3.75* cmltv prf stk on July 1, rec June 13. Hecla Mining will pay $0.875* di…
EXCHANGE RATES (July 07, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 30 June 27 June 26 June 25 June 24 US$ in C$ n/a n/a 1.0121 1.0135 1.0136 C$ in US$ n/a n/a 0.9880 0.9867 0.9866 EXCHAN…
CANADIAN GOLD MUTUAL FUNDS (July 07, 2008)
as of Apr. 1/2008
INTERNATIONAL QUOTES (July 07, 2008)
Australia (A$) June 24 June 17 Change Bendigo Mining 0.28 0.30 -0.02 Centamin Egypt 1.15 1.24 -0.09 Kingsgate Cons. 5.28 5.50 -0.22 Lion Selection Ltd 1.88 1.82 0.06 …
CNQ TRADING — JUNE 17-23, 2008 (July 07, 2008)
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 350 0.15 0.15 0.15 + 0.05 0.23 0.085 Avanti Mining AVMI 6960 0.80 0.31 0.55 -0.15 0.80 0…
Eastmain raising $14M for Eau Claire
VANCOUVER–You might say Eastmain Resources (ER-T, EANRF-O) has a golden touch: the company recently announced visible gold in 34 of 51 holes drilled during its 2007 program at its Eau Claire deposit,…
San Anton, Goldcorp boost Cerro del Gallo resource
VANCOUVER — San Anton Resource (SNN-T, SNTRF-O) and Goldcorp (G-T, GG-N) have raised the resource estimate for their Cerro del Gallo gold-silver-copper project on the companies’ San Anton property, 2…