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…
2008
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.
Yankee Hat forms tungsten JV with Japanese group (August 25, 2008)
Restrictions on tungsten exports from China have caused resource-poor Japan to look to the Yukon and Northwest Territories as a new source for the rare metal.
Dia Bras brings in Q2 revenue of $6.7M
Dia Bras Exploration (DIB-V, DBEXF-O)says it’s on target to process 144,000 tonnes of ore in 2008 at its pilot mining projects in Chihuahua state, Mexico.
TSX SHORT POSITIONS (August 25, 2008)
Short positions outstanding at July 31/08 (with changes from July 15/08).
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…
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…
‘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…
Linear drills KM61 moly discovery
SITE VISIT ARMSTRONG, ONT.–If there is one character trait that a geologist must have, it is perseverance, and Matt Rees, chief geologist of Linear Metals (LRM-T, LMTCF-O), certainly possesses this…
Rau results get Atac noticed
VANCOUVER–The first drill result out of Atac Resources’ (ATC-V)Rau gold project in the central Yukon impressed investors enough to give the junior a nice share price lift.
CANADIAN GOLD MUTUAL FUNDS (August 25, 2008)
as of Aug. 11/08