EXCHANGE RATES (June 16, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 9 June 6 June 5 June 4 June 3 US$ in C$ 1.0225 1.0187 1.0198 1.0145 1.0051 C$ in US$ 0.9780 0.9816 0.9806 0.9857 0.9949…
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DIVIDENDS (June 16, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay $0.9367* per share on $3.75* cmltv prf stk on July 1, rec June 13. Hecla Mining will pay $0.875* di…
Foreign-trained engineers get licensing help in Ontario
The Ontario Society of Professional Engineers (OSPE) has received $83,800 from the government of Ontario to develop and deliver special bridge training courses for internationally trained engineers. T…
Rio Grande shows growth potential for Antares, Mansfield (June 16, 2008)
VANCOUVER — Three stepout holes at the Rio Grande coppergold project in northwestern Argentina returned strong intercepts for joint-venture partners Antares Minerals (ANM-V, ANMFF-O) and Mansfield Mi…
INTERNATIONAL QUOTES (June 16, 2008)
Australia (A$) June 10 June 3 Change Bendigo Mining 0.30 0.30 0.00 Centamin Egypt 1.28 1.38 -0.10 Croesus Mining 0.04 0.04 0.00 Kingsgate Cons. 5.38 5.50 -0.12 Lion S…
Corrections (June 16, 2008)
An article in our June 2-8/08 edition incorrectly described the Monica zone at Kinbauri Gold’s El Valle gold mine in Spain. Monica is a skarn zone, not an epithermal zone as stated.
Platosa shows expansion potential for Excellon
VANCOUVER — Excellon Resources’ (EXN-T, EXLLF-O) Platosa test mine is still flooded and operations suspended after workers unexpectedly hit a water-bearing fault. In the face of that bad news, howeve…
Non-profit Geoscience BC awards scholarships
Not-for-profit organization Geoscience has awarded 11 graduate scholarships worth $5,000 to students working on mineral or oil and gas exploration-related topics in British Columbia.
Mining co-op students looking for placements
Sudbury, Ont.-area Rainbow District School Board is searching for placements for students in its recently created mining-focused high school program.
Canada: a new free trade leader?
For Canada’s mining industry, the week ended June 6 was highlighted by a strengthening and expansion of trade ties with some of our best South American neighbours.
Remote copper-gold projects back in play in BC
VANCOUVER — The growing list of the world’s largest “undeveloped” mineral deposits shows that most are in regions of high geopolitical risk ranging from the central African copper belt to the steppes…
Copper Mountain hits new mineralization
VANCOUVER — The planned super pit at the revived Copper Mountain mine may have to be even bigger than designed, as the latest drilling by Copper Mountain Mining (CUM-V, CPPMF) has revealed two new mi…