TSX SHORT POSITIONS (September 15, 2008)
Eldorado Gold ELD 16147503 4096432 Inmet Mining IMN 2305338 1511055 Agnico-Eagle AEM 3581108 1315354 Petaquilla PTC 1291000 1241900 Anvil Mining AVM 5588906 1032021
News
Bard sings for long moly intercepts at Lone Pine
VANCOUVER — Bard Ventures (CBS-V, BVTLF-O) is pulling long molybdenum intercepts out of the ground at its Lone Pine property near Houston, in west-central British Columbia.
TSX Venture Exchange September 2-8
The modest gains picked up by the S&PTSX Venture Exchange during the past two weeks were more than erased in the Sept. 2-8 trading session. Closing down for five consecutive days, the Venture boar…
HudBay files resource on Lalor Lake
Lalor Lake has the potential to become HudBay Minerals’ (HBM-T, HBMFF-O) next mine in the Flin Flon greenstone belt of Manitoba, the company said in a statement announcing the first resource estimate …
Agnico-Eagle doubles credit lines to US$600M
Shares of Agnico-Eagle Mines (AEM-T, AEM-N) were off $1.35, or 2.43%, to $54.21 apiece recently on news that the company has doubled its credit lines to US$600 million.
Taca Taca cha-cha: Rio returns option to Lumina (September 15, 2008)
VANCOUVER — After drilling six holes, Rio Tinto (RTP-N, RIO-L) has taken a pass on Taca Taca, giving its option on the Argentinean property back to Lumina Copper (LCC-V, LCPRF-O). And this, as Lumina…
INTERNATIONAL QUOTES (September 15, 2008)
Britain (pound)
LENDING RATES (September 15, 2008)
as of 9 a. m. ET, Sept. 9, 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 …
Intrepid Mines brings on Penta at Casposo
Intrepid Mines (IAU-T, IAU-A) is advancing its Casposo gold-silver project in Argentina by hiring local engineering firm Ingenieria Penta Sur S. A. Argentina.
China reaches out
Some highlights of recent mining acquisitions by Chinese companies include:
Tri-Venture dismantles Golden Giant mill
With reclamation under way by Fortune Minerals (FT-T, FTMDF-O) at the Golden Giant mine in Ontario’s Hemlo gold camp, the company has contracted Tri-Venture FE&C to dismantle, demolish and help sa…
EXCHANGE RATES (September 15, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate)