Probe, Noront mull McFauld’s Lake deal
Probe Mines (PRB-V) has delayed a drill program at its McFauld’s West property to see how talks go between it and N…
News
Western Prospector proposes new mill design to cut costs
A new mill design for its Gurvanbulag deposit in Mongolia could lower capital and operating costs, Western Prospect…
Golden Goose releases new resource estimate for Magino gold project
Golden Goose Resources (GGR-V) has released a new National Instrument 43-101 resource estimate for its Magino gold …
Snowden awards photo snappers
Australia-based mine consultancy and engineering company Snowden Group is again hosting a global photo competition,…
Aeroquest to provide petroleum services
Aeroquest Ltd., a subsidiary of Aeroquest International (AQL-T), has entered into a contract with GX Technology Cor…
Centerra’s Kyrgyz agreements expire
Toronto-based Centerra Gold (CG-T) reports that a series of framework agreements entered into between the company, …
Crystallex loses another round
Crystallex International (KRY-T, KRY-X) has received word from the Director General in the Administrative Office o…
CNQ TRADING — MAY 20-26, 2008
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW May 20-26, 2008 Alliance Mining AMCL 740 0.10 0.10 0.10 0.00 0.23 0.085 Avanti Mining AVMI 20 0.28 0.28 0…
LENDING RATES (June 02, 2008)
as of 9 a. m. ET, May 27, 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…
More consolidation likely in oilsands
News reports that India’s biggest oil producer, Oil & Natural Gas Corp. (ONGC) is negotiating to buy a 100% interest in an unidentified mid-sized Canadian oilsands company has unleashed a flood of…
EXCHANGE RATES (June 02, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 26 May 23 May 22 May 21 May 20 US$ in C$ 0.9896 0.9883 0.9861 0.9844 0.9930 C$ in US$ 1.0105 1.0118 1.0141 1.0158 1.0070…
TORONTO STOCK EXCHANGE MAY 20-26
After the TSX Composite Index hit a record high of 15,000 on May 20, the benchmark index slipped 1.9% to 14,758.57 points over the May 20-26 trading session. Other indexes followed suit, with the Capp…