Holding companies make $259M offer for QGX
Coal and gold explorer QGX (QGX-T, QGXLF-O), one of the first Western companies to get an exploration permit in Mongolia, has received a $259-million takeover offer.
News
TSX VENTURE SHORT POSITIONS (September 08, 2008)
Short positions outstanding at Aug. 15/08 (with changes from Jul. 15/08).
International Quotes (September 08, 2008)
Australia (A$) Aug 12 Aug 5 Change Bendigo Mining 0.18 0.20 -0.02 Kingsgate Cons. 4.80 5.60 -0.80 Lion Selection Ltd 1.58 1.50 0.08 Newcrest Mining 23.49 26.31 -2.82 …
Exchange Rates (September 08, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate)
Dividends (September 08, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
Mongolian hurdles don’t faze Ivanhoe (September 08, 2008)
VANCOUVER — In spite of everything, it seems Ivanhoe Mines (IVN-T, IVN-N) is committed to Mongolia.
Hathor hits a homer
VANCOUVER — After almost three months of promising scintillometer results, Hathor Exploration (HAT-V, HTHXF-O) released the first set of assay results from its summer drilling program at the Midwest …
Lean and mean has gone too far
The following is an open letter from Buzz Hargrove, the departing national president of the Canadian Auto Workers Union, the largest private sector union in Canada and representative of about 7,500 Ca…
Editorial: Conflicts and confusion
While the crash in junior mining stocks started to level off during the week ended Aug. 30, the 35th trading week of 2008, there remained quite a few open-ended, confusing situations for miners and th…
Clear skies in Qinghai for Eldorado Gold (September 08, 2008)
As the first North American gold producer in China, Eldorado Gold (ELD-T, EGO-X) has a lot to smile about.
Minco-Sterling merger a no-go
VANCOUVER — Minco Silver (MSV-T, MISVF-O) has cancelled its plans to take over Sterling Mining (SMQ-T, SRLM-O).
DRC sounds sour note on Tenke
Words from the mouth of a mines ministry official of the Democratic Republic of the Congo have been anything but music to the ears of Freeport-McMoRan Copper & Gold (FCX-N) and Lundin Mining (LUN-…