Volume 96 Number 34 - Oct 11 - 17, 2010


INTERNATIONAL QUOTES Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 …

EXCHANGE RATES (October 11, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct 4 Oct 1 Sept 30 Sept 29 Sept 28 US$ in C$ 1.0234 1.0215 1.0298 1.0300 1.0306 C$ in US$ 0.9771 0.9790 0.9711 0.9709 0.970…

Augusta secures US$176M for Rosemont

VANCOUVER — Augusta Resource (AZC-T, AZC-X) has taken another big step towards funding its Rosemont copper-molybdenum project with an infusion of cash from a Korean consortium.

Canadian mining investment in Mexico

The mining sector represents 44% of all Canadian foreign direct investment in Mexico, according to figures tabulated by the Canadian Chamber of Commerce in Mexico.

A view of OceanaGold's Didipio gold-copper project in the Philippines, about 250 km north of the capital Manila.

OceanaGold returns to Didipio (October 11, 2010)

VANCOUVER — Two years after escalating costs forced OceanaGold (OGC-T) to halt development work at its Didipio gold-copper project in the Philippines, the Australianbased gold producer is taking anot…

Workers drill at Valley High Ventures and Levon Resources' joint venture Cordero project in Chihuahua, Mexico.

Levon, Valley High start Cordero’s $14M program

VANCOUVER — A successful second phase of exploration at the Cordero property in Chihuahua, Mexico, has expanded two zones and identified several new targets, prompting joint-venture owners Levon Reso…

Geologix gets back on its feet (October 11, 2010)

Losing a key asset is never an easy thing for a company to rebound from.But Geologix Explorations (GIX-T, GXEXF-O), after having just such a thing happen to it early last year, is back at it again, looking to rebuild through the mineral…

Merger of equals for Genco, Silvermex

VANCOUVER — Mexico-focused Genco Resources (GGC-T) and Silvermex Resources (SMR-V) have agreed to join forces to better advance their silver and gold projects in the country.Silvermex has a number of projects at various stages of…

The ramp entrance to Arian Silver's San Jose mine in Zacatecas, Mexico.

Arian planning to produce at San Jose

Production will begin in October at the past-producing San Jose silver mine in Zacatecas, Mexico, with cash flow anticipated in the fourth quarter, Arian Silver (AGQ-V, AGQ-L) says.The London-headquartered junior plans to use some of that…

Primero Mining's San Dimas gold-silver project site 125 km northeast of the city of Mazatlan in western Mexico.

Primero Mining’s lofty ambitions

DENVER, COLO. –Iamgold’s (IMGT, IMGT, IAG-N) former chief executive, Joseph Conway, has a new focus with Primero Mining (P-T). While the company has only been up and running as a public company for a just over a month, if Conway has anywhere…

Miners walk up the ramp of Baja Mining's Boleo mine in the state of Baja California Sur, Mexico.

Baja snags US$858M financing for Boleo

Construction and development can start “imminently” at Baja Mining’s (BAJ-T, BAJFF-O) Boleo project in Mexico’s state of Baja California Sur following a US$858- million financing, the company reports.Baja Mining’s 70%-owned company Minera y…

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