Silvercorp hatches US$50M plan
Silvercorp Metals (SVM-T, SVMFF-O) has big expansion plans for its Ying silver-lead-zinc mining camp in Henan province, China, that would see the company mine 700,000 tonnes of ore per year by 2010.
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FACTS ‘N’ FIGURES (March 31, 2008)
Exports of U. S.-made construction machinery last year topped US$17.2 billion worth of equipment sold worldwide, according to the Association of Equipment Manufacturers (AEM).
Following the money: Ringbolt Ventures makes potash play in Utah
With food and fertilizer prices at record highs, mineral exploration company Ringbolt Ventures (RBV-V) has spied an opportunity to make hay while the sun shines.
NovaGold lines up US$95M note offering
VANCOUVER — After recently pulling the plug on a planned $130- million private placement due to “pricing conditions,” NovaGold Resources (NG-T, NG-X) has now lined up a US$95-million convertible note…
CNQ TRADING — March 18-24, 2008 (March 31, 2008)
(100s) WEEK 12-MONTH
LENDING RATES (March 31, 2008)
as of 9 a. m. ET, March 25, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds…
EXCHANGE RATES (March 31, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date March 24 March 21 March 20 March 19 March 18 US$ in C$ 1.0203 Holiday 1.0269 1.0028 0.9938 C$ in US$…
‘Lazy’ editorial missed the facts: Giustra
LETTER TO THE EDITOR
INTERNATIONAL QUOTES (March 31, 2008)
Australia (A$) March 24 March 17 Change Bendigo Mining 0.31 0.32 -0.01 Centamin Egypt 1.48 1.61 -0.13 Kingsgate Cons. 4.29 4.00 0.29 Lion Selection Ltd 1.57 1.32 0.25 Newcrest Mining…
Mine safety programs paying off, says OMA
Ontario’s mining industry has improved safety drastically over the past decade, according to the Ontario Mining Association (OMA).
U. S. MARKETS MARCH 18-24
Stressed financial markets, tight credit conditions and a deepening housing contraction prompted U. S. Treasury Secretary Henry Paulson on March 18 to concede on national television that yes, the U. S…
TORONTO STOCK EXCHANGE MARCH 18-24
The holiday-shortened Mar. 18-24 trading period saw a slight rebound in the TSX Composite Index as it gained 67.57 points to 13,019.72.