El Nino Ventures Fast-Tracks DRC Copper Project
Jean Luc Roy knows a thing or two about fast-tracking projects in Africa. The president and chief executive of El Nino Ventures (ELN-V, ELNOF-O) has spent 19 years working in sub-Saharan Africa managi…
News
Editorial: Credit Crunch Cramps Miners’ Style
Mining companies and investors spent much of the week ended Aug. 25, the 35th trading week of 2007, licking their wounds and laying low after the previous week’s bloodletting on the world markets, whi…
Lending Rates (September 03, 2007)
as of 9 a.m. ET, August 14, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.50 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
International Quotes (September 03, 2007)
Australia (A$) Aug 13 Aug 6 Change Bendigo Mining 0.32 0.32 0.00 Centamin Egypt 1.25 1.25 0.00 Emperor Mines 0.10 0.12 -0.02 Kingsgate Cons. 5.00 4.75 0.25 Lion Selection Ltd…
Southwestern Sues Ex-CEO
Vancouver — An audit by Southwestern Resources (SWG-T, SWGGF-O) and an independent mining consultant on drill results from the Boka gold project appear to show that the data was deliberately tampered…
Dividends (September 03, 2007)
Company Div.($) Pay Date Record Date Alcoa 0.17* Aug 25 Aug 3 Goldcorp 0.015* Aug 24 Aug 17 Noranda IF 0.085 Aug 27 July 31 Cleveland Cliffs 0.125* Sept 4…
Aurogin, Morgain Create Castle Gold
Shareholders of both Aurogin Resources (AUQ-V, AROG-O) and Morgain Minerals (MGM-V, MGIMF-O) have voted overwhelmingly to a merger of equals of the two junior gold companies under an agreement struck …
Meridian Says It’s Better Off Alone
Meridian Gold (MNG-T, MDG-N) has rejected Yamana Gold’s (YRI-T, AUY-N, YAU-L) revised offer for the company on the basis that it still doesn’t provide value to shareholders.
BID-ASK — August 21-27, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.28 0.425 0.35 0.55 0.265 Allyn Res V 0.055 0.065 0.065 0.14 0.06 Andean Am Mng V 0.67 0.71…
GlobeStar Drills Nickel Laterites
Vancouver — Drilling into nickel laterites in the Dominican Republic is returning good grades for GlobeStar Mining (GMI-T).
People (September 03, 2007)
Adex Mining — Norman Betts appointed director; Rich Morrow appointed head of investor relations.
Yukon Zinc Pulls in US$140M for Wolverine
Vancouver — In a significant step towards financing the polymetallic Wolverine project, Yukon Zinc (YZC-V, YZCCF-O) has secured a US$140-million senior debt facility from Barclays Capital.