Xstrata sells portfolio to Pure Nickel
Pure Nickel (NIC-V, PNCKF-O) has closed its deal to buy Falconbridge’s portfolio of Canadian nickel exploration properties from Xstrata (XSRAF-O, XTA-L) for $15.25 million and 4 million warrants.
News
TSX Debentures (August 20, 2007)
Alamos Gold (AGI.DB-T) — 5.5% convertible at holder’s option to common shares (AGI-T) at $5.30 before maturity or redemption.
Casa Berardi hits Aurizon’s top line (August 20, 2007)
Revenues were up drastically at Aurizon Mines (ARZ-T, AZK-X)in the second quarter of 2007, thanks to the resumption of production at the Casa Berardi gold mine in northwestern Quebec.
Petaquilla drills high-grade gold at Molejon
Until recently, the southwestern zone of Petaquilla Minerals’ (PTQ-T, PTQMF-O) Molejon gold project in Panama was thought to be low-grade, but the company’s latest drill results have changed that.
Clinton on the cover? For shame
Letter to the Editor
TSX Venture Rights & Warrants (August 20, 2007)
Blue Sky Uranium (BSK.WT) — Wt buys sh @ $1.30 to Mar 23/09.
Exchange Rates (August 20, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Mill working better at Lac des les (August 20, 2007)
Improved mill availability and throughput at the Lac des les mine in north-central Ontario allowed North American Palladium (PDL-T, PAL-X) to produce 16% more palladium in the second quarter of 2007 …
Anglo-Knight JV intersects more nickel (August 20, 2007)
Anglo American (AAUK-Q, AAL-L), drilling at the West Raglan nickel property in the Nunavik district of northern Quebec, has intersected more nickel mineralization on the property joint ventured with K…
Toronto Stock Exchange August 7-13
The TSX Composite Index fell 137.79 points to 13,427.45 over the Aug. 7-13 trading period. And the Global Gold Index slipped 3.27 points to 275.35, while gold closed at US$668.75, down US$2.75.
Obituary: Dit Holt
Meredyth “Dit” Holt, one of the builders of Barrick Gold and a past president of the Prospector’s and Developers’ Association of Canada, has died after a long illness. He was…
Robbers target Sierra mine — again
A second robbery in six weeks has Sierra Minerals (SIM-T) rethinking security at its Cerro Colorado gold mine, in Sonora, Mexico.