Evolving Pulling Gold At Rattlesnake Hills
Vancouver — A first-pass drill program at Rattlesnake Hills in Wyoming is returning promising results for Evolving Gold (EVG-V, EVOGF-O).
News
Correction (December 15, 2008)
In the T. N. M. Nugget attached to the story “Uranium price will rebound,” in our Outlook 2009 section (Dec. 8-14/08), we inaccurately stated that reactor consumption of uranium in 2006 was 27,000 ton…
Aguila Showing Size Potential For Duran Ventures
Vancouver — Drilling efforts at the Aguila copper-molybdenum prospect in Ancash, Peru, are starting to define a sizable zone for owner Duran Ventures (DRV-V, DUVNF-O).
Wilco, Jessup Return More Nevada Gold For Rye Patch
Rye Patch Gold (RPM-V, RPMGF-O) has reported more gold intersections in drilling at its Wilco and Jessup projects in Nevada.
Tsx Short Positions (December 15, 2008)
Short positions outstanding at Nov. 30/08 (with changes from Nov. 15/08).
Lending Rates (December 15, 2008)
as of 9 a. m. ET. Dec. 9, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 1.00 U. S. Prime 4…
JS Redpath Hired To Ramp Up Kirkland Lake’s South Mine
North Bay, Ont.-based mine developer J. S. Redpath has signed a deal with Kirkland Lake Gold (KGI-T, KGILF-O) to ramp up production at the gold miner’s South Mine Complex to 425 tonnes per day, seven …
Capoose On Track For Silver Quest
Vancouver — As part of its efforts to update a historical resource estimate, Silver Quest Resources (SQI-V, SQIFF-O) has confirmed silver and gold mineralization at its Capoose property, 185 km south…
Normet Acquires Chilean Manufacturer Semmco
Finnish mining equipment manufacturer Normet Group has acquired Chile-based Semmco Group, giving it access to the South American manufacturer’s specialized robots and low-profile transmixers for spray…
Canadian Gold Mutual Funds (December 15, 2008)
as of Sept. 31/08
Jinshan Adds More Gold At Dadiangou
Jinshan Gold Mines (JIN-T, JINFF-O) has defined a higher-grade core zone within its Dadiangou gold deposit in China’s Gansu province that is likely to enhance the project’s economics. The higher-grade…
Exchange Rates (December 15, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 8 Dec. 5 Dec. 4 Dec. 3 Dec. 2 US$ in C$ 1.2572 1.2969 1.2540 1.2573 1.2421 C$ in US$ 0.7954 0.7711 0.7974 0.7954 0.8051…