US Treasury secretary’s prescription for an ailing market
COMMENTARY — The following is a statement made by U. S. Treasury Secretary Henry Paulson Jr. in Washington, D. C., on Sept. 19 with respect…
News
Editorial: Toil and trouble (September 29, 2008)
The week ended Sept. 20, the 38th trading week of 2008, was one for the financial history books. Even veteran market participants have been taken aback by the swift collapse of the U. S. subprime mort…
Aura’s Aranzazu proves its strength
Vancouver — Aura Minerals (ORA-T, ORAUF-o) took over the Aranzazu mine in Zacatecas state, Mexico, three months ago. Now the final set of assay results from the previous owner’s 40,000-metre drill pr…
More trouble for Cameco at Port Hope (September 29, 2008)
Cameco (CCO-T, CCJ-n) has been given the green light to restart operations at its Port Hope uranium hexafluoride conversion plant — which was shut down in July 2007 when contaminated soil was found b…
TSX VENTURE SHORT POSITIONS (September 29, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08).
NORTH AMERICAN STOCK EXCHANGE INDICES (September 29, 2008)
52-week Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 High Low S&P/TSX-Ven Comp 1575.99 1549.22 1477.88 1469.59 1459.04 3192.55 1446.92 TSX Composite…
Liberty ramps up at McWatters nickel mine
After having a challenging time with ramp development, Liberty Mines (LBE-t) has reached the preproduction stage at its McWatters nickel mine, 29 km south of Timmins, Ont.
DAILY METAL PRICES (September 29, 2008)
Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2185/2210 2170/2210 2210/2220 2180/2230 2…
PRODUCER AND DEALER PRICES (September 29, 2008)
Antimony: Mid-mkt US$6,466.66/t.
Northern Gold explores Kirana’s gold potential (September 29, 2008)
Fortified by a $3.2-million treasury, Toronto-based Northern Gold Mining (NGM-V, NTGMF-o) has launched an ambitious exploration program on its gold properties near Timmins and Kirkland Lake, Ont.
TSX VENTURE EXCHANGE SEPT. 16-22
The Sept. 16-22 trading session started badly for the S&P-TSX Venture Exchange, but ended better with news of the U. S. government’s planned bailout package likely reversing early losses. After sh…
Searching for nickel near Timmins
Vancouver — Timmins and its environs may be known for their rich gold history but in Langmuir Twp., these days it’s all about nickel.