2008

International Quotes (December 01, 2008)

Australia (A$) Nov 25 Nov 4 Change Bendigo Mining 0.12 0.12 0.00 Kingsgate Cons. 2.80 2.93 -0.13 Lion Selection Ltd 0.92 1.10 -0.18 Newcrest Mining 24.45 20.65 3.80 R…



Minefinders Pours First Gold

Minefinders’ (MFL-T, MFN-x) Dolores open-pit mine in Chihuahua, Mexico, is expected to produce more than 1.7 million oz. gold and 64 million oz. silver over an estimated 15-year life.


Torlon Hill Small, But Rich

Vancouver — Firestone Ventures (FV-V, FSVEF-o) has proven up a small, high-grade zinc-lead resource at its Torlon Hill project in Guatemala.


NovaGold Shutters Rock Creek Mine

Vancouver — NovaGold Resources (NG-T, NG-x) shares plunged $1.48 to close at 72 after the company announced it was suspending production at its Rock Creek gold mine and that it wouldn’t be able to m…


Exploration Adit Proving Its Worth At Niblack

Vancouver — The first underground drilling program at Committee Bay Resources’ (CBR-V, CBYRF-o)Niblack project, on Prince of Wales Island in Alaska, returned strong intercepts that are sure to expand…



BHP Billiton Drops Rio Tinto Offer

The world’s largest miner, BHP Billiton (BHP-N, BLT-l), has withdrawn its hostile takeover bid for fellow mega-miner Rio Tinto (RTP-N, RIO-l).



Canadian Gold Mutual Funds (December 01, 2008)

Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…


Underground at Lundin Mining's Galmoy zinc-lead mine, in Kilkenny Cty., Ireland. HudBay Minerals has struck a contentious deal to take over Lundin, which is nearly $300 million in debt, valuing the company at around $2.08 per share.

HudBay Bids For Lundin

Vancouver — In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T, HBMFF-o) and Lundin Mining (LUN-T, LMC-n) plans to merge into what they hope will be the next major global …


Stroud Makes Strides In Mexico

Stroud Resources (SDR-V, SDURF-o) is posting solid results from La Rayas, one of two mineralized zones, at its 100%-owned Santo Domingo silver-gold project, 90 km northwest of Guadalajara in central M…


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