EXCHANGE RATES (October 06, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 29 Sept. 26 Sept. 25 Sept. 24 Sept. 23 US$ in C$ 1.0394 1.0349 1.0338 1.0351 1.0355 C$ in US$ 0.9621 0.9663 0.9673 0.966…
News
Buy-side attendance drops at Denver Gold Forum
Attendance was up 10% at this year’s Denver Gold Forum due to a 19.4% surge in sponsor representation, but a 6.5% drop in buy-side participants was a clear sign that the volatile markets and fragile e…
Editorial: Suppliers booming, juniors hunker down
While continued anxiety over the U. S. banking crisis dominated the headlines around the world during the week ended Sept. 27, the 39th trading week of 2008, there were still plenty of new development…
INTERNATIONAL QUOTES (October 06, 2008)
Australia (A$) Sept 30 Sept 23 Change Bendigo Mining 0.19 0.20 -0.01 Kingsgate Cons. 0.82 5.54 -4.72 Lion Selection Ltd 1.49 1.38 0.11 Newcrest Mining 27.63 26.84 0.79 …
SearchGold starts small with Gabon JV
SearchGold Resources (RSG-v) has received a mining permit for its 36%-owned Bakoudou-Magnima gold project in Gabon, a joint venture with Moroccan company Managem.
Khan says Mongolia still wants foreign funds
Khan Resources (KRI-T) says everything is fine for foreign investors in Mongolia. Market confidence in the, at …
Mexoro upbeat about Cieneguita
If one adheres to the safety-in-numbers school of mining and exploration then Mexoro Minerals’ (MXOM-O) Cienegu…
Silver Wheaton adds Alexco’s Bellekeno to its stable
Alexco Resource (AXR-T, AXU-X) has inked a deal with Silver Wheaton (SLW-T, SLW-N) to sell silver from its Belleken…
Candente drills long copper-gold intercept at Canariaco Sur
Vancouver – As Candente Resources (DNT-T) closes in on an expanded scoping study for its Canariaco Norte, copper-go…
Pacific Comox makes progress at Mabel (October 03, 2008)
Pacific Comox Resources (PCM-V) has completed a 7,000-metre drill program at its Mabel gold-silver project in Sonor…
US Gold intersects mineralization at Hercules
US Gold (UXG-T, UXG-X) has intersected 4.6 grams gold per tonne over 30 metres in hole 11 on its Hercules property,…
Stingray pushes on in Mexico’s Sonora
Stingray Copper (SRY-T) is pushing ahead with its El Pilar copper porphyry project in Mexico’s Sonora region in dif…