People (June 18, 2007)
ABV Gold — Daniel Ryan appointed president
News
CNQ Trading (June 18, 2007)
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW June 5-11, 2007 Bannockburn Res BKNN 433 7.40 6.50 7.40 + 0.30 7.40 0.405 Bison Gold Exp BGEI 77 0.12 0.12…
Romios dumps Copper Canyon
Vancouver — Citing project valuation concerns, management of Romios Gold Resources (RG-V, RMIOF-O) has decided against a planned merger with Copper Canyon Minerals (CPY-V, CAYRF-O) that would have se…
Dividends (June 18, 2007)
Company Div.($) Pay Date Record Date Arch Coal 0.07* June 15 June 1 Alcan 0.02* June 20 May 18 Newmont 0.10* June 29 June 8 Newmont Canada 0.1123 June 29…
Exchange Rates (June 18, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Canadian Zinc sees Prairie Creek vein widen to north
Vancouver — Underground drilling by Canadian Zinc (CZN-T, CZICF-O) on its Prairie Creek zinc-lead-silver deposit in the Mackenzie Mountains region of western Northwest Territories is returning a numb…
European Goldfields increases stake in Greek projects (June 18, 2007)
European Goldfields (EGU-T, EGU-L) is looking to boost its interest in its Greek projects to 95% at a cost of US$178 million.
Almaden drilling cuts deeper, higher grades
Vancouver — The latest batch of deep drill holes from Freegold Ventures’ (ITF-T, FGOVF-O) Almaden project in west-central Idaho continues to provide optimism of adding to the gold inventory.
Cons Thompson seeks control of Wabush Mines
Toronto-based junior Consolidated Thompson Iron Mines (CLM-V, CLMZF-O) has struck a deal to buy from steelmakers Cleveland-Cliffs (CLF-N) and Stelco (STE-T, SECNF-O) their combined 71.4% interest in t…
Peru Copper endorses $840M Chinese bid
Vancouver — Management of Peru Copper (PCR-T, CUP-X) has thrown its support behind a friendly $6.60-per-share takeover offer by Beijing-based Aluminum Corp. of China (ACH-N) (Chinalco).
Deep gold at Cedartree
Drilling by Houston Lake Mining (HLM-V, HLKMF-O) at the West Cedartree gold project near Sioux Narrows, Ont., has intersected high-grade gold mineralization at depth on the Dogpaw No. 1 vein.
SouthernEra working the phones (June 18, 2007)
SouthernEra Diamonds (SDM-T, SRE-L) says it is in negotiations with possible white-knight bidders to thwart a bid from London-listed Mwana Africa (MWA-L) to take over the company.