Hudson delivers more diamonds from Greenland
Vancouver – With another batch of diamonds from its Greenland drilling program, Hudson Resources (HUD-V, HUDRF-O) h…
News
Strike at Rio Tinto’s Rossing uranium mine
Uranium production at Rio Tinto’s (RTP-N, RIO-L) Rossing mine in Namibia, could take a hit, as workers there began …
Barrick boosts bid for NovaGold
Vancouver – Barrick Gold (ABX-T, ABX-N) has increased and extended its takeover bid for NovaGold Resources (NG-T, N…
CVRD scoops up 76% of Inco, extends offer (October 24, 2006)
Brazil’s Companhia Vale do Rio Doce (RIO-N) is reporting that 174,623,019 shares of Inco (N-T, N-N) have been depos…
Cameco’s Cigar Lake suffers major setback
Vancouver – Mine development at Cameco’s (CCO-T, CCJ-N) 50%-owned Cigar Lake uranium project in the Athabasca Basin…
Teachers back McEwen
Rob McEwen’s efforts to force a vote by Goldcorp (G-T, GG-N) shareholders on the proposed US$8.6-billion takeover o…
Nuinsco climbs on high grade nickel concentrate
Metallurgical test results from Nuinsco Resources’ (NWI-T) wholly owned Minago deposit came in, and the news is goo…
Exchange Rates (October 23, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Lending Rates (October 23, 2006)
as of 4 pm ET, Oct. 16, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.24…
International Quotes (October 23, 2006)
Australia (A$) Oct 16 Oct 9 Change Bendigo Mining 1.00 1.02 -0.02 Centamin Egypt 0.65 0.67 -0.02 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.33 0.35 -0.02 Kingsgate Cons. 4.31…
Axmin tallies Sierra Leone gold resource (October 23, 2006)
Axmin (AXM-V, AXMIF-O) has released an initial resource estimate for its grassroots Komahun prospect, which forms part of its Nimini Hills project in Sierra Leone.
Schaft Creek drilling returns high-grade gold for Copper Fox (October 23, 2006)
Vancouver — Partial assays from initial 2006 drilling at Copper Fox Metals’ (CUU-V, CPFXF-O) Schaft Creek project, in northwestern British Columbia, indicate a new high-grade gold zone.