International Quotes (September 10, 2007)
Australia (A$) Aug 31 Aug 13 Change Bendigo Mining 0.29 0.32 -0.03 Centamin Egypt 1.25 1.25 0.00 Emperor Mines 0.07 0.10 -0.03 Kingsgate Cons. 4.60 5.00 -0.40 Lion Selection Ltd…
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Dividends (September 10, 2007)
Company Div.($) Pay Date Record Date Cleveland Cliffs 0.125* Sept 4 Aug 15 Xstrata 0.2863 Sept 4 Aug 15 First Quantum 0.24 Sept 19 Aug 29 Arch Coal 0.07* Sept…
Exchange Rates (September 10, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Jinshan Gold hits major milestones in China (September 10, 2007)
When Jinshan Gold (JIN-T, JINFF-O) first entered the China market five years ago, its strategy was to build a resource-based company and it snapped up a diverse portfolio of properties in native porph…
Fast Times in China for Majestic Gold
As Majestic Gold (MJS-V, MJGCF-O) waits for a revised resource estimate on its Song Jiaguo gold property in eastern China, the company is working on an agreement with a local mill operator so it can s…
Bulging Middle
Special to the Northern Miner
Gold World Resources Digs Its Heels Into China
Much has been written about the problems foreign companies face when they invest in China through joint ventures with state-owned enterprises.
Consolidated Bid Gets Complicated
A third bidder has emerged for Australian alloy-metals producer Consolidated Minerals (CSMBF-O, CNM-L, CSM-A), jumping a bid increase by friendly bidding group Pallinghurst Investor.
Cameco Takes $120M Loss on New Kumtor Agreement
The Kyrgyz government plans to nearly double its stake in Centerra Gold (CG-T, CAGDF-O), the operator of the Kumtor gold mine, to 29.3% after months of negotiations with the company and its 53%-owner …
QGX Likes Baruun Naran Economics
Vancouver — QGX (QGX-T, QGXLF-O) has commissioned a prefeasibility study on its Baruun Naran coal deposit, in the Gobi region of southern Mongolia, following a major resource boost and a positive pre…
GobiMin Sees Record Earnings In Q2
China-focused junior producer GobiMin (GMN-V, GMNFF-O) saw a good second quarter this year, with record revenue at its Yellow Mountain East and Xiangshan base metals mines, and the release of a resour…
Candente Extends Depth of Canariaco
Vancouver — Candente Resource’s (DNT-T, CDOUF-O) drill effort on its Canariaco Norte copper project, in northwestern Peru, has turned in some long mineralized intercepts and points towards the deposi…