2008

Examing core at Kuriskova, in eastern Slovakia.

Tournigan grows Kuriskova deposit

VANCOUVER — After a modelling error forced Tournigan Energy (TVC-V, TVCFF-O) to reduce the resources at its Kuriskova uranium deposit in eastern Slovakia last year, the newly renamed company has put …


Harmony, Newcrest, team up in PNG at Hidden Valley

Two of the biggest gold miners not listed on the Toronto Stock Exchange are combining forces in Papua New Guinea (PNG) with the hopes of bringing a large-scale gold and silver mine into production by …



EXCHANGE RATES (August 25, 2008)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 18 Aug. 15 Aug. 14 Aug. 13 Aug. 12 US$ in C$ 1.0605 1.0609 1.0620 1.0657 1.0640 C$ in US$ 0.9430 0.9426 0.9416 0.9384 0…


BID-ASK — AUGUST 12-18, 2008

12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Afrasia Minl F V 0.26 0.44 0.25 0.45 0.23 Agau Res V 0.17 0.21 0.19 0.55 0.11 …


Indonesia could be tricky for BHP

A battle could be brewing for BHP Billiton (BHP-N, BLT-L) on a small island in Indonesia, where the company could soon find itself in the sights of environmental groups.




LENDING RATES (August 25, 2008)

as of 9 a. m. ET, Aug 19, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime 5…


Drilling at Cortez Hills in Nevada.

Barrick’s Q2 strong despite rising costs

Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per barrel in the same quarter a year ago, Barrick Gold’s (ABX-T, ABX-N) second-quarter rev…


Robert Friedland, executive chairman of Ivanhoe Mines addresses the Diggers & Dealers Mining Forum in Kalgoorlie, Western Australia.

‘Friedland envy’ haunts Diggers & Dealers

KALGOORLIE, WESTERN AUSTRALIA — Over the past five years, master entrepreneur Robert Friedland has created a guessing game at Australia’s biggest mining conference, the Diggers & Dealers Mining F…



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