EXCHANGE RATES (February 18, 2008)
CANADIAN/ U. S. EXCHANGE ( Bank of Canada noon rate) Date Feb. 11 Feb. 8 Feb. 7 Feb. 6 Feb. 5 US$ in C$ 1.0017 0.9910 1.0115 1.0026 1.0043 C$ in US$ 0.9983 1.0091 0.988…
News
OMA to hold seminar on new WSIB rules
The Ontario Mining Association (OMA) is holding a seminar to introduce employees and employers alike to changes in Workplace Safety and Insurance Board (WSIB) policies.
NEW HORIZONS (February 18, 2008)
The U.S. Geological Survey has announced the 2008 recipients of the Mineral Resources External Research Program grant.
Tamerlane soars on Pine Point high-grade
VANCOUVER–Shares of Tamer-lane Ventures (TAM-V, TMLVF-O) posted a 93% gain on strong volume in recent trading, closing up 42 to 87 apiece on a high-grade lead-zinc intercept from its Pine Point pro…
DIVIDENDS (February 18, 2008)
Note: Royal Gold will pay $1.93 per sh on 7.25% man conv pr stk on Feb 15, rec Feb 1. Xstrata Canada will pay $0.2863 for pr sh series 3…
INTERNATIONAL QUOTES (February 18, 2008)
Australia ( A$) Feb 12 Feb 5 Change Bendigo Mining 0.35 0.34 0.01 Centamin Egypt 1.57 1.45 0.12 Emperor Mines 0.06 0.06 0.00 Kingsgate Cons. 4.05 4.27 – 0.22 Li…
Evolving Gold asks: where does the Carlin go? (February 18, 2008)
The corporate vision of junior explorer Evolving Gold (EVG-V, EVOGF-O) is hinted at right in its name.
Gryphon Gold awaits new resource for Borealis
“You know the old saying: the best place to find gold is near the head shaft of an old mine,” Tony Ker, president and chief executive of Gryphon Gold (GGN-T, GYPH-O), told a group of investors at a re…
Piedmont takes on Nevada one JV at a time
Piedmont Mining (PIED-O) doesn’t want it all.
U.S. MARKETS FEB 5-11
The U.S. Congress may have passed President George Bush’s US$168-billion economic rescue package of rebates and tax breaks last week, but the announcement did little to ease fears on Wall Street. The …
LME WAREHOUSE LEVELS (February 18, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb 5, 2008 (change from Jan. 19 in brackets):
Caledonia Mining signs offtake deal with Chinese refiner
Caledonia Mining (CAL-T, CMCL-L) has teamed up with an undisclosed Chinese refiner, signing an offtake agreement for cobalt from its Nama project, in northern Zambia.