Moly Mines rallies on pending feasibility
Vancouver — News that a final feasibility study for its Spinifex Ridge molybdenum-copper project in Australia would be released shortly lifted shares of Moly Mines (MOL-T, MOL-A) by 23% in recent tra…
2007
Pallinghurst brings new offer for Consmin (July 30, 2007)
What started as a large private-equity investment has at last turned into a takeover battle for Consolidated Minerals (CSMBF-O, CNM-L, CSM-A), with the board of the Australian chrome and manganese pro…
Aurelian surges on Fruta Del Norte drilling (July 30, 2007)
As Aurelian Resources (AUR-T, AUREF-O) awaits assays from the final eight holes of an 82-hole program on its Fruta Del Norte deposit, in Ecuador, the company’s shares rose more than 11% on the latest …
International Quotes (July 30, 2007)
Australia (A$) July 23 July 16 Change Bendigo Mining 0.36 0.31 0.05 Centamin Egypt 1.39 1.29 0.10 Emperor Mines 0.12 0.12 0.00 Kingsgate Cons. 5.14 5.37 -0.23 Lion Selection Ltd…
Exchange Rates (July 30, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (July 30, 2007)
Company Div.($) Pay Date Record Date Sherritt 0.03 July 13 June 29 Yamana 0.01* July 16 June 26 Fording 0.65 July 16 June 29 Royal Gold 0.065 July 20 July…
Roca lines up $13M financing
Vancouver — In a move to bolster the treasury as its Max molybdenum mine advances to production, Roca Mines (ROK-V, ROCAF-O) has arranged a $13-million bought-deal financing.
Freegold drilling backs up bulk sample
A drill program at Freegold Ventures’ (ITF-T, FGOVF-O) Golden Summit property outside of Fairbanks, Alaska, has confirmed results from a 6,000-ton bulk sample taken from the same area last year.
Cream rises on Manitoba nickel intercept (July 30, 2007)
Vancouver — Cream Minerals’ (CMA-V, CRMXF-O) first test hole on its Wine-Radar Lake property, in northern Manitoba, has delivered promising results, cutting 20.4 metres of 1.3% nickel and 2.27% coppe…
More moly at Jersey-Emerald
Vancouver — Sultan Minerals’ (SUL-V, SLMLF-O) underground drill effort at its Jersey-Emerald project, located near Salmo in southeastern B.C., has returned further wide, high-grade molybdenum-mineral…
Mining ladies aim to raise $200,000 for cancer research
In September, eight women from the mining industry will join hundreds of other women in a 2-day, 60-km walk to raise money for Toronto’s Princess Margaret Hospital Foundation, as part of the charity’s…
LME Warehouse Levels (July 30, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 23, 2007 (change from July 16 in brackets):