Canadian Gold Mutual Funds (December 22, 2008)
as of Sept. 31/08
2008
Suppliers News: Aggreko Gets Out Of Europe, Into India
In light of shifting demand, U. K.- based Aggreko (AGK-l) has sold its European rental business to Atlas Copco and acquired the assets of Cummins (CMI-n) rental business in India.
Sponsored Toy Drive
In keeping with the spirit of the holidays, each year a collection of Western Canada-based mining companies sponsor a toy drive. This year, the event raised $1,415 in cash to be donated in food or toy…
Lending Rates (December 22, 2008)
Lending Rates as of 9 a. m. ET. Dec. 16, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S….
International Quotes (December 22, 2008)
International Quotes Australia (A$) Dec 16 Dec 9 Change Bendigo Mining 0.17 0.13 0.04 Kingsgate Cons. 2.85 2.68 0.17 Lion Selection Ltd 0.67 0.79 -0.12 Newcrest Mining 29.00 28.23 0.77…
Great Basin Buys Mill For Hollister
Vancouver — Great Basin Gold (GBG-T, GBN-x) is trying to get two mines into production within the next six months and in recent weeks has taken a few important steps towards that goal.
People (December 22, 2008)
Aflease Gold — Bill Lupien has resigned as a director.
Dogpaw Fetches Good Grades For Houston Lake
Seventy-six per cent of the holes Houston Lake Mining (HLM-V, HLKMF-o) has drilled on its Dogpaw Lake property, near Kenora, Ont., have intersected values of 3 grams gold per tonne or higher.
Intrepid Hits Lengthy Gold Intervals In Indonesia
Vancouver — Recent drilling at Zone A of the Tumpangpitu prospect delivered Intrepid Mines (IAU-T, IAU-a) its best oxide drill results to date from the Tujuh Bukit property, near the eastern tip of J…
Scott Lake Delivering For Cogitore
Cogitore Resources (WOO-V) reported its best-ever zinc grades from recent drilling at Scott Lake, near Chibougamau, Que.
Fortress Cuts High-Grade At Svetloye
Vancouver– Fortress Minerals (FST-V, FTMNF-o) has pulled a long and tantalizingly high-grade gold intercept from the Amy zone at its Svetloye property, 220 km southwest of Okhotsk, in Russia’s Far Ea…
BHP OKs Aussie Iron Ore Expansion
BHP Billiton (BHP-N, BLT-l) has approved an expansion at its iron ore mining operations in Western Australia, which will raise production by 50 million tonnes to 205 million tonnes per year in 2011.