B. C., Yukon helicopter crashes kill five
VANCOUVER–Two mining-related helicopter crashes have killed five people in less than a week in Western Canada.
2008
PEOPLE (August 18, 2008)
African Aura Resources — Ajay Gupta appointed CFO; Maz Mannan has resigned as CFO.
TSX SHORT POSITIONS (August 18, 2008)
Short positions outstanding at July 31/08 (with changes from July 15/08).
DIVIDENDS (August 18, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Oct 1, rec Sept 12. Newmont Canada will p…
Xstrata captures top prize at mine rescue competition
Xstrata Nickel’s Fraser/Thayer Lindsley mine rescue team may not have superhuman powers but their quick thinking and teamwork helped them snap up the coveted gold helmets at Ontario’s 58th annual mine…
INTERNATIONAL QUOTES (August 18, 2008)
Australia (A$) Aug 12 Aug 5 Change Bendigo Mining 0.18 0.20 -0.02 Kingsgate Cons. 4.80 5.60 -0.80 Lion Selection Ltd 1.58 1.50 0.08 Newcrest Mining 23.49 26.31 -2.82 …
Promontorio drilling delivers for Kootenay Gold
VANCOUVER — Continued good news out of the Promontorio silver-gold- lead-zinc project in Sonora, Mexico, once again buoyed Kootenay Gold’s (KTN-V, KOOYF-O) share price in a lagging market.
Banro pulls strong intercepts at Twangiza in DRC
Assay results from an additional 30 diamond-drill holes from Banro’s (BAA-T, BAA-X) Twangiza project on the Twangiza-Namoya gold belt, in the Democratic Republic of the Congo, continue to come up gold…
North American Tungsten undervalued, analyst
Vancouver – Despite positive drill results at its Cantung mine and ownership of one the world’s largest undeveloped…
Anaconda proves up iron resource in Chilean desert
Vancouver – Less than a year after its first drill hole into the San Gabriel iron ore property Anaconda Mining (ANX…
High River sees Q2 cash costs rise 67%
A jump in cash costs have left High River Gold Mines (HRG-T) with a negative second quarter even with a 61%-increas…
SRA trying to stay solvent
Third quarter results from Strategic Resource Acquisition (SRA) (SRZ-T) couldn’t reverse the company’s dire fortune…