SPOT PRICES (February 18, 2008)
COURTESY OF SCOTIABANK
News
Midway doubles Spring Valley gold resource
Midway Gold (MDW-V, MDW-X) has boosted the inferred gold resource at its Spring Valley project in Nevada.
NORTH AMERICAN STOCK EXCHANGE INDICES (February 18, 2008)
52- week Date Feb. 11 Feb. 8 Feb. 7 Feb. 6 Feb. 5 High Low S& P/ TSX- Ven Comp 2541.53 2526.82 2493.04 2505.66 2509.97 3372.00 2340.21 TSX Composite 13130.92 …
Creston drills thick, high-grade moly
VANCOUVER — Creston Moly’s (CMS-V, CMSJF-O) initial round of infill drilling at its El Creston project in Sonora, Mexico, has turned in some long intervals of high-grade molybdenum mineralization.
TSX VENTURE SHORT POSITIONS (February 18, 2008)
Short positions outstanding at Jan. 31/08 (with changes from Jan. 15/08).
Strathmore nearly doubles Reno Creek resource
A new resource estimate for Strathmore Minerals’ (STM-V, STHJF-O) Reno Creek deposit in northeastern Wyoming’s Powder River basin is nearly twice previous estimates.
FACTS ‘N’ FIGURES (February 18, 2008)
With prices of metals and minerals on the rise, it’s no surprise that the value of mineral production in the United States increased 2.9% in 2007 from the previous year.
De Beers gets frostbite in Canada’s Arctic
The week ended Feb. 9, the sixth trading week of 2007, was punctuated by another setback for Canada’s emerging diamond mining industry, with De Beers taking a severe haircut at its new Snap Lake mine,…
Fury completes Taylor purchase
VANCOUVER–Fury Explorations (FUR-V, FURXF-O) is inching closer towards production with the recent closure of its deal to purchase the historic Taylor silver mine and mill complex, near Ely, Nev.
TSX SHORT POSITIONS (February 18, 2008)
Short positions outstanding at Jan. 31/08 (with changes from Jan. 15/08).
CANADIAN GOLD MUTUAL FUNDS (February 18, 2008)
as of Jan. 31/2007
Capstone to boost production at Cozamin
Capstone Mining (CS-T, CSFFF-O) has started an expansion of its Cozamin polymetallic mine, in Zacatecas state, Mexico, aimed at increasing production by 36% to 40 million lbs. copper per year by 2009.