Exchange Rates (March 13, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
News
Canadian Gold Mutual Funds (March 13, 2006)
Close: March 6, 2006…
Vista seeks to revive Mount Todd gold mine
Vancouver — Pegasus Gold developed a reputation for building and operating low-grade gold mines during a period of high gold prices in the 1980s. As prices collapsed, so did the company and many of i…
Delivering at Corani
With 89 holes representing over 14,000 metres of drilling completed on the Corani silver discovery in Peru and a resource estimate due out in early March, Bear Creek Mining (BCM-V, BC…
U.S. Gold looks to consolidate Cortez Trend
Vancouver — Robert McEwen’s U.S. Gold (USGL-O) has launched takeover offers for four TSX Venture-listed companies in an anticipated manoeuvre to fuse together a large, strategic land…
Blockade shuts down Freeport’s Grasberg
Vancouver — A large group of protesters, some toting weapons, effectively shut down operations at Freeport-McMoRan Copper & Gold’s (FCX-N) massive Grasberg mine in Indonesia’s Pa…
Battle brewing between Big Red Diamond and Kel-Ex
Montreal-based Big Red Diamond (DIA-V) has requested an additional 30 days from the Autorit des marchs financiers to file its annual financial statements ended Oct. 31, 2005, blamin…
Red Back drilling confirms Abodoabo trench results (March 13, 2006)
Vancouver — The first drill holes on Red Back Mining’s (RBI-T, RBIFF-O) Abodoabo prospect, in southwestern Ghana, are substantiating previous trench results from the gold project….
People (March 13, 2006)
Christopher James Gold — Philip Anderson appointed manager of Latin American operations….
Desert Sun rises on Yamana bid (March 13, 2006)
A friendly bid from Yamana Gold (YRI-T, AUY-X, YAU-L) to take over Desert Sun Mining (DSM-T, DEZ-X) would see the creation of a 450,000-oz. gold producer in the near…
LME Warehouse Levels (March 13, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 27, 2006 (change from Feb. 20 in brackets):…
Early drilling finds copper at Nova Esperana
Preliminary drilling by Novicourt (NOV-T) and Falconbridge (FAL.LV-T, FAL-N) has intersected copper-gold mineraliza…