Correction (December 22, 2008)
In the story “Second time’s the charm at Boyongan” ( T. N. M., Dec. 8-14/08), we inaccurately stated that Philex Gold is purchasing a further 50% interest in the Boyongan project from Anglo American. …
News
Suppliers News: Abb Adds Ber-mac Electrical To Its Ranks
Zurich, Switzerland-based power and automation technology company ABB Inc. (ABB-n) has acquired Calgary-based Ber-Mac Electrical and Instrumentation, expanding the Swiss multinational’s services in We…
Northern Dynasty, Anglo Update Pebble Resource
Vancouver — As Northern Dynasty Minerals (NDM-T, NAK-x) and Anglo American (AAUK-Q , AAL-l) move the Pebble copper-gold-molybdenum property in Alaska foward, the partners have released an updated res…
Mexivada Signs Diamond Deal In Sierra Leone
The 968-carat “Star of Sierra Leone” diamond was discovered in 1972 — just a few miles north of where Mexivada Mining (MNV-V, MXVDF-o) will soon start its alluvial diamond mining operations.
ME E T I N G S (December 22, 2008)
Dec 22 Archon Minerals AG Dec 22 Dorex Mineals AG Dec 22 Prospector Consolidated AG Dec 22 Regent Ventures AG Dec 23 Centurion Minerals AGS Dec 23 Entourage Mining AG…
Canadian Gold Mutual Funds (December 22, 2008)
as of Sept. 31/08
Suppliers News: Aggreko Gets Out Of Europe, Into India
In light of shifting demand, U. K.- based Aggreko (AGK-l) has sold its European rental business to Atlas Copco and acquired the assets of Cummins (CMI-n) rental business in India.
Sponsored Toy Drive
In keeping with the spirit of the holidays, each year a collection of Western Canada-based mining companies sponsor a toy drive. This year, the event raised $1,415 in cash to be donated in food or toy…
Lending Rates (December 22, 2008)
Lending Rates as of 9 a. m. ET. Dec. 16, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S….
International Quotes (December 22, 2008)
International Quotes Australia (A$) Dec 16 Dec 9 Change Bendigo Mining 0.17 0.13 0.04 Kingsgate Cons. 2.85 2.68 0.17 Lion Selection Ltd 0.67 0.79 -0.12 Newcrest Mining 29.00 28.23 0.77…
Great Basin Buys Mill For Hollister
Vancouver — Great Basin Gold (GBG-T, GBN-x) is trying to get two mines into production within the next six months and in recent weeks has taken a few important steps towards that goal.
People (December 22, 2008)
Aflease Gold — Bill Lupien has resigned as a director.