DAILY METAL PRICES (August 18, 2008)
Date Aug. 11 Aug. 8 Aug. 7 Aug. 6 Aug. 5 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2495/2530 2471/2520 2475/2535 2480/2530 2500/2520 …
News
Hathor continues to hum (August 18, 2008)
Hathor Exploration (HAT-V)wants to attract major interest in its Midwest NorthEast project in the Athabasca basin, and with its latest drill holes it continues to do just that.
COMMENTARY: Modernizing Ontario’s Mining Act
–The following are exerpts from a discussion paper on revisions to the province’s mining legislation, called Modernizing Ontario’s Mining Act, produced by the government of Ontario. The report, publi…
EDITORIAL: Oil, metals and Russia’s triumph
Despite political upheaval in the world, the broad decline in oil and mineral prices picked up steam during the week ended Aug. 9, the 32nd trading week of 2008, much to the detriment of resource comp…
Teal grows resource, grades at Namibian project
Teal Exploration & Mining’s (TL-T, TEL-J) Otjikoto gold project in Namibia is demonstrating higher grades and resources, the company reports.
CANADIAN GOLD MUTUAL FUNDS (August 18, 2008)
as of Aug. 11/08
EXCHANGE RATES (August 18, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 11 Aug. 8 Aug. 7 Aug. 6 Aug. 5 US$ in C$ 1.0676 1.0678 1.0511 1.0470 1.0426 C$ in US$ 0.9367 0.9365 0.9514 0.9551 0.959…
LENDING RATES (August 18, 2008)
as of 9 a. m. ET, Aug 12, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime 5…
BID-ASK — AUGUST 5-11, 2008
12-MONTH 12-MONTH STOCK EXC BID ASK LAST HIGH LO STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Lakewood Mng V 0.06 0.07 0.06 0.09 0.05 Acrex Vent…
B. C., Yukon helicopter crashes kill five
VANCOUVER–Two mining-related helicopter crashes have killed five people in less than a week in Western Canada.
PEOPLE (August 18, 2008)
African Aura Resources — Ajay Gupta appointed CFO; Maz Mannan has resigned as CFO.
TSX SHORT POSITIONS (August 18, 2008)
Short positions outstanding at July 31/08 (with changes from July 15/08).